Wednesday 28 March 2007
The property ladder
This post is a bit of a side note today, but the challenge is about saving money as well as making it. This certainly won't save me money within the next 90 days but I think it's worth mentioning anyway...
I've been looking at French property. House prices in Cornwall, and the UK in general are still going up and up. The average house price in the UK is now a staggering £184,924 and in Cornwall it's higher than that. Prices in France are considerably cheaper, to the extent that a move over the channel is very appealing. It's something we've looked into before and certainly something which is on the cards at some point in the future. After all, both Cressy and I are self employed working from home, so long as we have a phone and a computer we can live and work anywhere in the world.
To give you a rough idea, the photo above is of a 6 bedroom house in Brittany, northern France. It has 2 bathrooms, central heating and comes fully furnished for just €100,000 which is around £68,000 or $135,000. An equivalent house in the UK would certainly be at least 5 times that and probably a lot more in many areas.
While there's no way we'll be buying French property in the next 90 days, I thought anyone reading this blog would probably be interested. We're currently living in a small 2 bedroom bungalow. An equivalent price would get a us a 3 bed villa with a pool in Southern France... got to be worth more investigation!
I've been looking at French property. House prices in Cornwall, and the UK in general are still going up and up. The average house price in the UK is now a staggering £184,924 and in Cornwall it's higher than that. Prices in France are considerably cheaper, to the extent that a move over the channel is very appealing. It's something we've looked into before and certainly something which is on the cards at some point in the future. After all, both Cressy and I are self employed working from home, so long as we have a phone and a computer we can live and work anywhere in the world.
To give you a rough idea, the photo above is of a 6 bedroom house in Brittany, northern France. It has 2 bathrooms, central heating and comes fully furnished for just €100,000 which is around £68,000 or $135,000. An equivalent house in the UK would certainly be at least 5 times that and probably a lot more in many areas.While there's no way we'll be buying French property in the next 90 days, I thought anyone reading this blog would probably be interested. We're currently living in a small 2 bedroom bungalow. An equivalent price would get a us a 3 bed villa with a pool in Southern France... got to be worth more investigation!
Labels: France, investment, property
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