Good Time to Buy Property in Cannes and South of France According to French Estate Agents

CANNES, FRANCE, April 21, 2012 (Press-News.org) With the Cannes Film festival beginning on the 16th of May and the Monaco Grand Prix beginning about a week later, the region tends to be extremely popular this time of year. According to Magic-View, it is also the time people traditionally look for new apartment for sale Cannes property in the region. Since property prices have been rising in the area, Magic-View says that it might be a better year for buying property in the Cannes and Grasse areas than some previous years have been.

"Cannes has always been a popular location for visitors and property investors especially due to its association with the Cannes Film Festival and other high profile sporting events such as the Monaco Grand Prix. Recently though, the property market has been hard hit. The nuts and bolts at the moment are that the banks are lending again at good rates. Stamp duty looks as if it will be diminished, 30% to be added to most constructions. Consequently prices will probably increase once the French elections are over, which actually means that France is very stable investment wise. Now is the time to buy, with cheap loans, good prices, and the possibility to perhaps make a property a little larger," says Debbie Cortey of Magic-View.

Magic-View specializes in property for short-term rent as well as Cannes property for sale, and this may be of special interest to people planning to attend the Cannes Film Festival and the Monaco Grand Prix this year. The company employs English speaking estate agents as well as some agents who can also speak other languages, including Russian.

Magic-View French estate agents consider it their specialty to help international clients with the complex and sometimes frustrating process of conducting remote property searches. They provide legal, financial, technical and renovation information concerning properties they represent.

The region may receive more attention than usual this year, since the Cannes Film Festival will be honoring Marilyn Monroe for their 65th anniversary. This may further increase the value of properties in the Cannes region for some who want to invest or speculate on real estate near the festival.

Magic View - http://www.magic-view.net - was established 12 years ago by Debbie Cortey. The whole aim was to provide clients with a search service and to provide the best possible advice on all fronts, legal, tax, construction and decoration by liaising with qualified professionals. Magic View has accompanied clients often for many years through all aspects of owning a property on the Cote d'Azur ensuring maximum enjoyment with no hassle. All staff speaks English as well as several other languages including several who speak Russian.