French plantation comes with gites for Fly to let guests
A Fly to Let investor can combine a series of gites and cottages to rent with running their own olive grove, cherry orchard and truffle plantation in a secluded part of the Luberon in Provence, France.

And the price of the whole estate has just been cut from €8,240,000 to €4,935,000
The guest accommodation at Large ‘Mas’, which is 35 minutes from historic Avignon, offers visitors breathtaking views of the region. The Provence villages of Apt, Gordes and Roussillon are also close by.

One of the kitchens in the gites has the additional historic feature of having the original stone oven which has been beautifully preserved.

The main house has two large living rooms, three kitchens, two of which are open plan and include a dining area and There are eight bedrooms, seven bathrooms, five toilets, an office, double garage, cellar, large terrace, enclosed courtyard and sheltered outside dining area.

There is a swimming pool and a place to play petanque.

One of the very interesting aspects about this Provencale property are the shepherd's shelters called Bories made from a vault of stonework without mortar which are unique to this region and the actual Mas incorporates two of them and make up the nucleus of the main building.

Also there is a building which houses a laundry, workshop/studio, and large farm shed. The caretaker's cottage at the entrance of the property comes with the caretaker if required. A third of the land has well established olive trees which are appellation (AOC) olive oil, there is a cherry orchard and a yielding truffle plantation.

First time buyers turn to Fly to let in France to get on property ladder
There is a growing band of first time buyers who, due to the difficulties of getting a mortgage in the UK, are buying places in France and then renting them out as a way of getting a foot on the property ladder.

Most of them plan to sell the French property in a few years, thereby raising a large deposit (out of the capital growth) ready to buy a home in the UK.

French mortgage company Validus says there is a huge selection of properties available for less than £100,000 and knowing that the French housing market is beginning to move upwards again some UK first time buyers have seen this as an opportunity to buy a home as an investment.

For example a two bedroom properties can be purchased in central France for €89.800 and buyers need a deposit of only £13,000 with monthly repayments of €340.

Opportunities for property investment in Central
India grow as property prices stabilise
India’s residential property sector has begun the march towards recovery as home prices across the country have shown signs of stability and growth says the overseas property agency Jones Lang LaSalle.

The comments follow its release of a report, ‘Residential Opportunities in Central India’, which says the company sheds some light on the residential markets of 10 cities in Central India – the states of Rajasthan, Madhya Pradesh, Chhattisgarh, Orissa and Jharkhand.

The report includes an analysis on housing format variations, profiles on developers who are realising the opportunities that new markets in the country present and a real estate dashboard for each city profiled.

Jones Lang LaSalle says in the past developers and investors have been focusing too much attention on markets in the northern and southern regions of the country while ignoring the opportunities in the central region of the country.

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