News from the Aude

Did anyone heed my words of wisdom and buy Euros? If you did well done, I spoke to a client who is signing for his house next week and he's not to wet behind the ears and has been playing the market and netted himself a £4000.00 profit;so well done Mr. F from Mayfair! Now as I said before serious sellers are getting serious and I have seen some serious price reductions on 3 fantastic houses around the Limoux area these are of course on the website and are references 3559089, 3266405, 1396751 or click on the links or copy and paste them to your web browser.

http://www.simplylanguedocproperties.com/details_houses.php?id=3577953

http://www.simplylanguedocproperties.com/details_houses.php?id=3266405

http://www.simplylanguedocproperties.com/details_houses.php?id=1396751

These are amazing price reductions, the first 2 properties have excellant rental potential and the 3rd property does need renovation but lends itself to an excellant commercial venture for weddings or equestrian holidays.

Could I mention the word serious again? I don't seriously think so!

Obviously there's no credit crunch in Carcassonne as the town is getting the place ready, as it did last year with the ice skating rink and big wheel and toboggans, bouncy castles, hot chestnuts etc. etc. We took the children last year and we all had an incredible time, I'm not sure who enjoyed it most. Anyway much of the same this year and so we can do our xmas shopping in one foul swoop while the kids get an enjoyable afternoon out as well. I can strongly recommend you visit, and if you're in England why not fly over to Carcassonne and do you're Christmas shopping here? Make a weekend out of it, you can probably book a plane ticket and get here cheaper than going to London for the day and without the Crowds..............GO on treat yourself!

What should you be doing right now if you want to buy property in France? Are prices rising, falling or stabilising? Or should we just stick our finger up and try and decide which way the winds blowing. Having looked at the market long and hard and scratched my head a lot I think I have concluded that serious buyers can strike serious deals with serious buyers. Prices have reduced in most cases and now the adjustment in prices seems very much more realistic and the serious sellers are being more than reasonable. Do you wait a bit more? do you take the gamble on sterling rising against the Euro or do you waste your chance and curse your luck the moment the Pound reaches parity with the euro and any advantage you had has just been negated!! I had a client back in August whi had sold up in England and was renting, waiting for the dream house to come along, cash in the bank and in no immediate rush who would blame them. I called them when a new suitable house became available and he informed me that his money had been frozen as it was invested in an Icelandic bank and they could not withdraw there life savings. If this wasn't bad enough the calculation on the exchange rate fell from approx 1.34 to 1.20 reducing his purchasing power by a further 28000.00 euros. Interestingly a large amount of hits on the website are coming from the United States and with the Dollar back to a very good exchange rate it seems the Americans are going to be investing and realising their dreams of owning a house in Europe, it couldn't be a better time for them to buy property.