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Where can you afford to buy?

Andalublue said:
Never seen one, but there is a ton of wonderful property available for a snip around here. Things like this one:

Inmobiliaria Rogelio

Beautiful setting, pool, 9ha. of land - gorgeous! I've got nothing to do with it btw mods, so I'm not spamming, just giving an idea.

Or how about a fixer-upper for peanuts?

SUNSHINE PROPERTY S
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Just for comparison, ~180,000 Euros.

Peng Chau Apartments / Flats / Units to Sale - Wing Kwong Street - Ref # 20948407 - Squarefoot

Talk about fixer upper.

Rofl.
 
Infinite Chaos said:
Wow, that will take a LOT of fixing... but then that's not even central Hong Kong!
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Believe me, Central Hong Kong is not a location you want to live in anyway unless you can afford The Peak.
 
Andalublue said:
Or how about a fixer-upper for peanuts?
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Same for southwest of France on the other side of the Pyrenees, with the exception of course of Bordeaux.

The large farmland regions have had prices go into a deep, deep dive and many properties are up for sale at a pittance. If you have a knack for renovating, you can come up with a dream-house at very little cost. Some of the larger cities have many apartments also needing renovating presently at knock-down prices.

It is probably the best time (in a long time) to buy property in France. And it won't be like this for much longer ...

 
Higgins86 said:
I mean yes the Costa Del Sol has beaches, mountains and Sunshine but does it have a Greggs or a Nando's?
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Woking-in-the-rain over a sunny southern exposure in the south of Europe year 'round?

No way, José ... !
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Lafayette said:
Same for southwest of France on the other side of the Pyrenees, with the exception of course of Bordeaux.

The large farmland regions have had prices go into a deep, deep dive and many properties are up for sale at a pittance. If you have a knack for renovating, you can come up with a dream-house at very little cost. Some of the larger cities have many apartments also needing renovating presently at knock-down prices.

It is probably the best time (in a long time) to buy property in France. And it won't be like this for much longer ...
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What would change to make house prices rise again? I think a lot of houses will come back on the market if the Brits sell up and the tradition of buying is slightly different as compared to the UK where it's almost obligatory to get on the ladder.

Chagos said:
Believe me, Central Hong Kong is not a location you want to live in anyway unless you can afford The Peak.
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Well that's out then..
 
Infinite Chaos said:
What would change to make house prices rise again? I think a lot of houses will come back on the market if the Brits sell up and the tradition of buying is slightly different as compared to the UK where it's almost obligatory to get on the ladder.
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The British market has recovered, in Britain.

But I am not sure they are making the move necessarily to the south of France. I hear tell that they are more interested in Paris - which is pretty damn expensive.

The Russians are still buying out the Riviera; and even eastward towards Marseilles the Nordics (Norway, Sweden and Finland) are buying properties in the southeast of France (because it is close to the Mediterranean Sea).

And, after Brexit, there is much concern about their future status as British expats, especially as regards taxation. Finally, the pound has lost value against the Euro, so prices are more expensive as well.
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Lafayette said:
The British market has recovered, in Britain.
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What's needed in the UK is more houses built and not in flood zones however there is estimated to be a drop in house prices driven by lower costs in London and the south east. It is time there was a downward adjustment in prices - houses have stopped being homes and are commodities instead.

Lafayette said:
But I am not sure they are making the move necessarily to the south of France. I hear tell that they are more interested in Paris - which is pretty damn expensive.
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I don't think it's a huge stretch to sell a home in London and buy in Paris, I haven't checked but I believe London is still far more expensive than Paris.
 
Infinite Chaos said:
What's needed in the UK is more houses built and not in flood zones however there is estimated to be a drop in house prices driven by lower costs in London and the south east. It is time there was a downward adjustment in prices - houses have stopped being homes and are commodities instead.



I don't think it's a huge stretch to sell a home in London and buy in Paris, I haven't checked but I believe London is still far more expensive than Paris.
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Paris is still a very expensive city to live in. Not as bad as London but still very expensive.
 
Infinite Chaos said:
I don't think it's a huge stretch to sell a home in London and buy in Paris, I haven't checked but I believe London is still far more expensive than Paris.
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Yes, by almost 60% more:

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Two for the price of one ... ?
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