FRENCH CASTLES CHEAPER THAN SYDNEY FLATS

APR 10, 2015

INTERESTING READING - BUT AUSTRALIA IS STILL ONE OF THE MOST EXPENSIVE PLACES TO LIVE AND BUY REAL ESTATE.

 

While Sydney's property market remains hot, France's struggling economy means French castles are now more affordable than a Sydney unit.

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  A property in Normandie.
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  A mansion in the Midi Pyrenees with a price tag of $737,037.
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  A property in Picardie with a price of $597,184.
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  A castle in south western France with an asking price of $667,146.
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  Leggett Immobilier
  A property for sale in Totes, France with a price tag of $423,020.
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  A property in Vienne, France.
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  A mansion in the Dordogne.
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  A $606,150 property on the borders of Bordeaux.
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  This property in Picardie near Paris is on the market with a $972,833 price tag.
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  A Medieval mansion near Carcassonne.
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  A property in Normandie.
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  A mansion in the Midi Pyrenees with a price tag of $737,037.

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What would you prefer, an historic castle in France or a one-bedroom flat in Sydney's inner-west? To illustrate how hot Sydney's real estate market is, a Sydney newspaper has compiled a slideshow of 10 French castles that are cheaper than a standard Sydney unit. French prestige property prices have fallen in recent months, Joanna Leggett, director of press and marketing for French real estate agency Leggett Immobilier, told The Daily Telegraph.“Over the last 12 months there has been a definite trend of increased inquiries from ‘non EU’ buyers, particularly from Australia, USA and Canada,” said Leggett. “French vendors are looking at the weak euro, and importantly across the channel at the strong UK economy, and are deciding that now might be a good time to sell."