After the first quarter of 2014, the Euro is still in good health.
Since the beginning of 2014, the Euro zone has been enjoying an increasingly favourable economic position; inflation is currently relatively weak and the risk of deflation is still controlled by European economies through the European Central Bank (ECB).
According to Ewald Nowotny, a member of the ECB Board of Governors, there aren’t any pressing issues to be dealt with for the moment. Instead, it is preferential to anticipate future changes and to be prepared for any eventualities.
The property market is doing even better, especially for those who wish to obtain a French mortgage.The Euribor (Euro Interbank Offered Rate) is still quite low at around 0.3% meaning French banks are offering highly advantageous rates.
However, this comfortable situation is unlikely to last for too much longer as we expect a small increase in the Euribor by the summer. The next few months will probably be the best time to invest in French properties, now is the opportune moment. The rates currently on offer with French banks must be seized while there is still time.
A healthy French property market thanks to an increasingly healthy economy
Investing in France has become easier with Sextant Properties.The top agency offering French properties for an international clientele is expanding fast, with many properties all over France added onto our website every day. Whether you want a pied-à-terre in Paris, a countryside retreat or a sunny seaside home, Sextant is sure to have what you’re after.
Moreover, the leaseback (long-term profitable investment properties) market is also expanding wildly as the economy shows signs of recovery and savvy investors make use of the excellent mortgage rates.Today, Sextant is one of the leading agencies specialised in the sale of this type of investment property to international clients. Visit the Sextant Properties website to discover the many leasebacks on sale with excellent guaranteed cash returns.
As previously mentioned, the Euro zone has enjoyed a comfortable first quarter;obtaining a French mortgage can be a very useful tool for purchasing a property. Sextant Mortgages can offer specialist advice and help you in your property projects by finding the best offers on the French bank market. If you wish to receive a free quote for a French mortgage, simply fill in our online questionnaire on our website.