The announcement of new air routes from key British destinations to four cities in the south west of France is also set to encourage buy to let property investors.
'France is certainly getting back on its feet and there is renewed confidence in the economy with President Sarkozy high in the polls,' said Trevor Leggett of Leggett Immobilier.
It is estimated that residential property prices have fallen up to 25% in some parts of rural France but popular hotspots like the Cote d'Azur and Normandy have seen smaller price falls and steady transaction volumes.
Interest rates and mortgage rates are at an all time low and the only cloud on the horizon is the strength of the euro against the pound for UK buyers who are traditionally among the biggest group of buyers in France.
However according to Leggett British vendors in France are reducing their prices to cash in on the strong euro when moving back to the UK. He said that quick sales are going through to beat an expected rally in the pound later in the year.
'It really is a buyer's market and while supply outstrips demand it will remain so. French banks are much more flexible with their lending now and are offering much more choice of products that before,' he explained.
An examination of statistics from Notaires shows that is French buyers who are set to lead the property market recovery although 50% of current foreign buyers are still British. Leggett said his offices have seen a huge increase in appointments and enquires in August, which is usually a quiet month.
The setting up of a new base by Ryanair at Leeds Bradford International Airport will see new routes opening up to Carcassonne, Limoges, Montpellier and Nantes, making these areas more accessible for buy to let property investors, Montpellier and Nantes, in France.
