Nicolas Sarkozy takes over the French presidency and institutes several new property tax incentives that leads to forecasters predicting a major property boom. Propriété Direct France, marketer for the largest property developers in France, has launched a new Web site, overseas real estate in the French market in order to encourage U.S. property owners that are looking for secure investments overseas. It provides information about seminars held in the United States. Propriété Direct France also plans to increase the number of U.S. seminars to continuously inform potential buyers.
"U.S. citizens should consider adding French real estate to their portfolio for its increased returns and reduced overall risk.” said the renowned licensed professional expert and Propriété Direct France marketing representative, Danny Silver. He continues: "The availability of low-cost finance and guaranteed rentals in France, combined with the security of the French legal system, property titles and professional help for completing and managing the purchase is why increasing numbers of U.S. investors are purchasing buy-to-let real estate in France to diversify their portfolios,"
France is the safest country in the world for investing in property, opinions the U.S. government and the law offices of the United Nations and European Union. And it is the only country that has guaranteed rents fully backed by the government. In present, the guaranteed rental return on long-term, unfinished rentals averages 6 percent per annum, based on purchase price.
Propriété Direct France's new Web site offers information and links to properties for sale in Paris, Marseille, Toulouse, Bordeaux, Lyon and Cote D'Azur. The company has specially selected properties in these areas that meet the criteria for best rental return and capital appreciation, as well as those that will meet the investor's expectations.
A person must either attend a meeting or seminar with a French-licensed expert, or first visit the property/development site in order to acquire all new build properties for investment, according to French law. Propriété Direct France offers free educational seminars all over the United States to small groups of investors who want to receive first-hand information and explicit answers. At these seminars, Silver provides the interested ones information about non-recourse mortgages, maximum capital growth and guaranteed rental income.
Investing in the French real estate market has many other benefits in addition to security and high returns. French mortgages are non-recourse, meaning that each property in France is its own entity in respect of tax, mortgage and inheritance. French mortgages do not affect credit rating/points in the mortgage holder's home country. Owners receive guaranteed initial rental, a guaranteed regular income, coverage against rent default and coverage against damage to a property caused by a tenant- all these during the entire rental period. Mortgages in France are available to private individuals only, not to business entities, trusts or professional real estate investors.