View from the Foothills of France

Some personal views on living, working,
bringing up family and making the dream happen in the most beautiful region of France. View from the Foothills of France also includes some personal and professional thoughts and tips on finding and buying the perfect property in the Ariège and Haute Garonne regions.

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Prime ski property in the Pyrénées

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Despite the current malaise in the French economy, the ski property market is bucking the trend and the demand for mountain chalets, apartments and barns in and around French ski resorts remains strong.

I just saw some truly eye watering figures for the price of property in the French Alps; apparently in Courchevel 1850 prices can reach €34,200 per square metre. In Val D’Isère prices are €28,800 per square metre and in Megève €25,700 per square metre according to Savills latest prime ski property report. And the trend is upwards.

Agreed, the French Alps are very nice but are they really more than €30,000 per square metre nicer than the Pyrénées or even nicer at all? In fact, what exactly do the Alps have that the Pyrénées don’t apart from Michelin starred restaurants, Russians and overcrowded slopes? Here in the Pyrénées you can buy a ski property in or close to many top resorts for between €1,370 and €1,700 per square metre and the ski resorts here certainly rival many of those you will find in the Alps. Most of the resorts in the Pyrénées are smaller than those in the Alps but often link in with neighbouring towns to give extensive ski areas, while retaining a quieter, friendlier feel.

Many of the ski resorts nestled in the mountains here were thermal spa towns before expanding into skiing and, in the last few years there has been huge investment in the skiing infrastructure. Moreover, many people, priced out of the Alpine resorts have realised that the Pyrénées offer a much better value alternative with weekly ski passes and ski hire much cheaper as well as accommodation and meals. In the resorts of Superbagnères or Peyragudes for example, a week’s ski pass will cost you €163 whereas a ski pass in Val D’Isère in the Alps is €260.

The Pyrénées also receive more snow than the Alps, albeit with slightly milder winters and, because the French resorts are on the north side of the range, the snow is much more reliable than for the Spanish resorts on the southern side. The largest and most snow-sure resorts in the Pyrénées are concentrated in the middle of the range in a relatively small area, away from the wetter and milder Atlantic coast and the sunnier Mediterranean coast.

I think the main disparity in prices comes simply from the fact that that the resorts in the French Alps are better known and get more publicity and media coverage. If you are looking for gold taps and basement gyms in your ski property and have the cash to pay for them, then perhaps you will prefer the Alps. On the other hand, if you are looking for some excellent and varied skiing at all levels, smaller and more friendly resorts, slope side restaurants and cafés that don’t break the bank, glorious unspoiled scenery without the crowds and some excellent value mountain property, I would choose the Pyrénées any day.

Is now the time to buy in France? 5-point plan for buyers

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Despite everything you might read about the French economy, 2014 has seen a return to business as normal for the French property market, certainly in this part of the Midi-Pyrénées. Here the number of transactions (according to the latest Notaires’ French property market report) are up by 12% so far this year, with property prices in the Ariege up by 2.2%. Agents are reporting a large increase in both enquiries and buyers and Notaires are drowning in paperwork (but then that’s nothing new; the idea of a paperless office is a complete anathema to French Notaires).

The market has not in fact been static here as it has in Spain, there has been a steady, if slow, movement of properties but it has certainly lacked fluidity. That has now changed; there are both new sellers and new buyers in the market and prices are steady and realistic.

Bearing this in mind, here is a five point plan for anyone looking to buy in the current market:

1. Don’t expect or keep waiting for prices to drop further; they are on the level and beginning to increase in the most popular areas.

2. Mortgage rates are at a historic low and the Euro is weak so if you have been waiting for the perfect time to invest, I would suggest that this might be it.

3. Look for quality and be prepared to pay a premium for it – it is always worth it long term.

4. Do not hesitate to make an offer – sellers are far more prepared to negotiate than they were a few years ago and there are plenty of urgent sales out there (divorce, relocation, death etc).

5. Location is still key whatever the market is doing.

Any questions, please feel free to get in touch and I will do my very best to answer them.

Golf in the Pyrénées

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I am not a golfer (at least not since I gave my father concussion when he was teaching me how to hold a club age 9) but, if I were, this is where I would want to play golf. It may only be a nine hole course but what it lacks in holes, it more than makes up for in location and views.

There can’t be many places in the world where you can play golf in such stunning surroundings surrounded by scenery like this (and I took this yesterday on my phone so it is actually even more stunning in reality). The mountain is the Vénasque in the Pyrénées and the golf course is in Bagnères de Luchon which is about as far south as you can go in France before hitting Spain.

Luchon also boasts a small airfield, tennis courts, two swimming pools, thermal baths and spa, fantastic walking and cycling trails, a ski resort, numerous restaurants and shops, a cinema and a train station with trains to Toulouse and Paris.

If moving to France is all about a quality of life decision then I can’t think of a better town to choose to be close to than Bagnères de Luchon. What’s more, prices here are still reasonable compared to any equivalent town I know.

Having said that, it is very noticeable that in the last few years Luchon has started to attract a younger and wealthier crowd and there is a huge amount of investment happening in and around the town so I have a feeling that the rest of the world has also started to discover the delights of Luchon.

For further information on Luchon golf course and other golf courses in the region, see the links below:

 

https://www.golf-luchon.net

https://www.golflannemezan.com

https://www.chateau-barbet.com/chateau-de-barbet.php?lang=fr&urlcode=introduction-golf

https://www.golfclubdetoulouse.fr/le-club

https://www.golf-ariege.com

The Midi-Pyrénées ranks as the best place to live in France

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When planning to buy a house in France, whether for holidays or to live permanently, there is no doubt that one of the most important criteria is the quality of life in the region combined with the style and affordability of the houses, the climate, the people and, of course, the food and wine.

So it is no surprise to any of us who live here that the Midi-Pyrénées has come out as the best place to live in France, according to the fourth annual “Better Life Index”, published by the Organisation for Economic Co-operation and Development (OECD). 

The region scored 7.82 out of 10 across a range of 11 “well-being criteria”, including employment, health, the environment, education, civic engagement, access to services, and public safety. 

The score puts the Midi-Pyrénées on a par with southern Sweden, Umbria in Italy and Madrid.

The full list of French regions is as follows: 

1 Midi-Pyrénées (7.82/10) 
2 Limousin (7.77/10) 
3 Pays de la Loire (7.71/10) 
4 Bretagne (7.70/10) 
5 Poitou-Charentes (7.56/10) 
6 Île-de-France (7.55/10) 
7 Aquitaine (7.54/10) 
8 Rhône-Alpes (7.47/10) 
9 Auvergne (7.46/10) 
10 Basse Normandie (7.42/10) 
11 Centre (7.30/10) 
12 Bourgogne (7.22/10) 
13 Provence-Alpes-Côte d’Azur (7.10/10) 
14 Franche-Comté (7.05/10) 
15 Alsace (6.99/10) 
16 Languedoc-Roussillon (6.91/10) 
17 Lorraine (6.85/10) 
18 Haute Normandie (6.84/10) 
19 Champagne-Ardenne (6.68/10) 
20 Picardie (6.49/10) 
21 Nord-Pas-de-Calais (6.01/10) 
22 Corsica (5.66/10)

The OECD ranked the 22 regions in France – as part of the study which examines lifestyles in 362 regions across 34 member states. 

This year, more than 60,000 people took part in the study.
See more at: https://www.oecdbetterlifeindex.org