Worthwhile improvements for French property owners
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by Gill Montia
Overseas property website, shelteroffshore.com, is recommending various ways of enhancing the profitability of second homes in France, given that property values in the country continue to rise and interest from tenants and buyers remains strong.
Whether the property is let to tourists or for private use, there are a number of ways of increasing both its rental and resale value.
For those letting, research on potential customers is worthwhile. This should take into account the size and location of the property, so that a target group can be established for marketing purposes.
From here, the owner can think about the facilities and amenities that would be most attractive to that group.
For example, if a property is close to mountains and likely to be used in the winter by skiers and in the summer by walkers, maps and guides of the area can be made available, together with up to date information on the hire of skiing equipment and passes.
Skiers and walkers also need a hot water system that can provide plenty of baths and showers for aching limbs.
Homes intended as summer holiday retreats can benefit from a swimming pool, although this does involve local planning rules and regulations and safety considerations.
However, swimming pools generally add at least the cost in value terms to a property’s worth and are attractive to both buyers and renters.
In terms of reselling, decluttering and briging property maintenance up to scratch are essential.
It is also worthwhile considering the lifestyle benefits of the location and making sure you present these to potential purchasers.
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