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Overseas Medical Insurance News: French property market 'is stable'

People considering relocating abroad to France may wish to think about the real estate market of the country, as well as their expatriate health insurance policies.

Allez-Francais founder and managing director Peter Elias claimed the real estate sector is "fairly flat" at the moment.

While there are signs of price inflation within the large cities, house values are stable outside of these, he explained.

The election of Francois Hollande has resulted in a "serious level of uncertainty" about how the euro and the property industry will perform in the immediate future, the specialist continued.

Mr Elias added the "ongoing Greek situation" may impact the single currency further and "spill over" into Italy, Spain and Portugal.

He stated there are currently a large number of houses available on the market in France, which means buyers can frequently haggle with the asking price.

BuyAssociation editor Paul Collins recently said France and Spain will "always remain strong in the overseas property sector".

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