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Insurance is less expensive than in Australia but a tennant has more rights in France. An obvious point that comes to mind is that you cannot evict a bad tennat in winter, regardless of circumstances. Holiday rentals would overcome this problem. Plenty of agencies around to help manage your property and most areas have a few that accomodate english spaekers.
The south has had a lot of attention from holiday home buyers ever since the European Union relaxed the borders. British, Germans, Hollanders, Belgians, every country within driving distance has people with holiday homes in this area. This has raised the prices quite considerably. My French family have a holiday home in the area and it has nearly tripled in price in the last 8 years.
Plenty of old farm houses around you could renovate. Just be wary that houses here can be a lot older than in Australia and you can find unusual problems if renovating. A lot of great small villages around too which have pretty houses popular for holiday homes.
Check out the Languedoc region, a mountainous wine area full of beautiful, small villages and friendly locals, one hour from the sea, local markets with amazing wine and food and the world's best looking baker's wife working at one of the bakeries. I spent some time there last summer and thought it a treat. R.L Stevenson wrote about his journey through there in Travels with a Donkey.
You can get by without the language but as anywhere it is better if you can communicate. If you blatanly refuse to speak French then it is considered rude but if you make an effort or try, even if your French is extremely limited than people are always receptive.
Hello, I am from Sydney with a French wife. We moved to France last June and plan to do stay for the next few years. We purchased a property on arrival, a place I could renovate until my french improves.The banking systems are quite different here and investor intelegence is much greater in Australia. Currently there are plenty of great investment opportunities with healthy returns. The government is slowly introducing new banking laws to stimulate investments. There are a few quirky differences to be aware of.
I would be glad to to chat to anyone intersested a or provide feedback from within France…..
cheers………… phil