Buy To Let in France and Switzerland
Now the skiing season is here investors are turning to properties in France and Switzerland.
Figures show that there has been an increase in enquiries for properties near ski resorts and part of the reason is that the market in such places as Latvia and Bulgaria has declined.
In Switzerland the interest rates are low and people are looking to invest there as 3.5% can be obtained on Swiss Francs on the market.
Some interest has also been shown in Austria where the season is longer and therefore better for rental.
Developers are said to be launching products in both France and Switzerland as the season moves to winter. These areas have always been popular with British investors and there is now an interest in leaseback deals. Investors are interested in French resorts as it is possible to drive there fairly quickly and flights are frequent.