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A Buyers Market by Bernard Aherne,

writing for A Place in the Sun - Over the last couple of years the Limousin has grown in popularity with foreign buyers, and not just with the British. The Dutch are buying property along with the Germans, Americans and Canadians, all no doubt attracted to the area by the promise of cheap property, good climate and beautiful countryside. Continued Below

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A Buyers Market by Bernard Aherne
continued..

James Murphy of French Houses is certainly seeing the popularity of the Limousin, with the region accounting for 70% of his sales in 2004, buoyed by more and more families with children settling in the region. There are now schools with five or more British families enrolled leading one teacher to remark that she feared French was in danger of being relegated to the second language of the playground!

So, what has all this meant to house prices? With the increase in popularity of the Limousin, obviously house prices have increased, but by how much? Are those that continue to be attracted to the Limousin by the promise of cheap housing arriving too late? Are there still areas that represent good value?

Property prices have boomed across France over the last few years. Prices in the Limousin have increased by 40% in the last three years alone. Whilst there are some signs that these rises are starting to cool, and certainly agents are cautious (worried about the knock-on effects of a slow down in the housing market in Britain), prices are still expected to increase across the region this year. The Limousin is made up of three departments, the Corrèze, the Creuse and the Haute-Vienne, each of whom have received an influx of British, however some areas are more popular with British buyers than others. The Creuse for example is proving very popular with the British, with expat communities popping up in villages and towns across the region. Walk into a bar or restaurant and you will not be surprised to hear English being spoken at the tables.

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Properties in the Limousin Area of France
- Corréze, Creuse & Haute Vienne.

Up to €125,000

ref: FH-25-0325

Detached 4 bedroomed Stone House

for Restoration (interior) with approx 1000 m² Land - ¼ acre.

- 20 mins West of Bourganeuf - 23 -

Located within walking distance of the famous sandy beaches of the River Thaurion, this property requires complete restoration to the interior. From the exterior it appears to have once been 2 houses, however the one side was the old chemist years ago.

ref: FH-25-0220

2 bedroomed Stone cottage to renovate

+ 1 barn - of an acre
- in a quiet hamlet

- 10 mins from
Sauviat sur Vige - 87 -

ref: FH-26-0017

3 bedroomed cottage

Habitable home in a cosy hamlet with barn &
a ¼ acre of land

- Village near
St-Léonard-de-Noblat
- 87 -

This property sits right in the middle of a small hamlet; it is surrounded by neighbours who all seem very friendly. The hamlet is in exceptionally pretty walking countryside and yet just five minutes from the nearest village with all basic services. Limoges is a ten-minute drive via the back roads.

ref: FH-25-0029

2 Adjoining Cottages -

1 ready & 1 for renovation
- Near Bourganeuf - 23

ref: FH-25-0457

Detached 2 bedroomed
stone cottage

Detached stone built cottage standing a small hamlet 15 minutes from a town which has all amenities including a hospital.

- Bourganeuf area - 23 -

There is a garage 4.20m x 5.50m attached to one side and although there is no land with the property, there is a small pebbled area opposite 150m²

ref: FH-25-0444

3 bedroomed Stone cottage

- Grand bourg - 23 -

Stone built and rendered detached cottage situated in a small commune 5 minutes from a village with basic shops and 20 minutes from a town which has all amenities.

ref: FH-25-0185

Semi detached house

in a village, in need of cosmetic work, on 800 m² of adjoining land, comprising 2 separate apartments

- near Bénévent - 23 -

2 APARTMENTS

ref: FH-25-0449

3 bedroomed detached stone house

in a small hamlet

- Sardent - 23 -

Stone built detached Creusoise house situated in a small hamlet close to a village with basic shops in need of total renovation. At 15 minutes in either direction there are large towns which have all amenities and the property is approximately l ¼ hr from Limoges airport.

ref: FH-25-0425

3 Bedroomed renovated terraced property

with spectacular views
over the surrounding countryside

- Bénévent l'Abbeye
- 23 - (Creuse)

Situated on the edge of a small town, this property forms part of a terrace and has been completely renovated to a very high standard.

Within easy reach of basic shops and a large supermarket this quiet charming town, with its ancient abbey and historical past, is a much sought after place in which to live or spend a holiday.

ref: FH-05-0121

Houses to renovate,

comprising 3 buildings + outbuildings Wonderfull views over the river valley. Suitable for gite.

- North Haute Vienne - 87

ref: FH-25-0329

3 bedroomed Semi Detached Stone Cottage

with Small Garden & Separate Garage.
- 10 mins from Bourganeuf - Creuse - 23 -

ref: FH-25-0453

Large stone property

in need of renovation

- La Souterraine area -
- 30 mins from Gueret - 23 -

Stone built detached house, rendered to the front elevation, standing on 1000m² of land at the end of a no through lane in a small hamlet. Although the major renovation work, new roof frames and slates, has been carried out and the property is habitable, there is still renovation work to be done.