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Friday, 2 September 2011

Why You Should Consider Investing in French Chateaux

By Andre Boultaire


If you like the concept of retreating to a place crammed with beauty and old-world charm, you must consider making an investment in a French chateau. French chateaux are famous around the world for their architectural beauty as well as their historical value, with a lot of them being many centuries old. You'll be able to find chateaux for sale through France, in large numbers.

France is home to above 2,000 chateaux, many of them built during different times of history. You will be capable of finding inspiring chateaux not solely in the major cities like Paris or Dordogne but also in villages, where it's possible to get a very good one for amazingly cheaper prices. The advantage of investing in a French castle is that not only does it cost much lesser, it also possesses historical importance and much value giving you a good resale cost. Many of those chateaux come with beautiful and well-maintained gardens, airy rooms and old fashioned hearths.

The pricing of a chateau is dependent upon a number of factors. The overall condition of them is one. While a well-maintained castle can be quite expensive, it's easy to get one that needs rebuilding at a significantly lower price, but the costs in renovation may finish up costing you as much as a well looked after chateau, if not higher. Historical significance is another determining factor in the pricing of a chateau, together with land pricing and area covered by the castle.

French chateaux are in heavy demand these days and there are several buyers looking forward to investing in a chateau. Owning a French castle also presents you with exciting business propositions. You can either hire or lease the castle to some other person for residing or you can reconstruct it into a restaurant or a luxury hotel. The latter option is more popular among property developers.

Whatever be your intentions, the time is ripe to speculate in a French chateau. There are several sites online that advertise French chateaux for sale and there might be one that would fit your budget. So grab one quickly before it falls into someone else's hands.




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