France remains popular with foreign property buyers
Rising travel costs could renew interest in the French property market, it has been suggested.
According to ShelterOffshore.com, the low-cost aviation sector is suffering as increasing oil prices are likely to force the cost of flying abroad upwards.
This means that interest in property markets which have been boosted by the so-called Ryanair effect could decline.
However, the website believes that France may weather this storm better than most, as it is easily accessible by other forms of transport, including ferries and trains.
ShelterOffshore.com remarked: "Because France is on our doorstep, it is going to remain very favourable indeed with those of us who want to own a property abroad."
The online portal added that the credit crunch is not putting consumers off buying a residence overseas.
This comes after the Royal Institution of Chartered Surveyors revealed that house prices in France went up by 3% last year.
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