According to one property expert, purchasers from the Eurozone have gained a €50,900 (£42,000) discount on the average house for sale in the capital since BREXIT, which means many Europeans are now snapping up properties for sale in Central London. The French in particular love Londres – they’re one of the largest groups of expats in the city, with an estimated figure of around 300,000 people.
Central London estate agents Kay & Co, who specialise in properties for sale in W1 and W2 as well as Central London rentals, have been looking into how well their areas serve French buyers as well as anyone who has a love of all things French.
If you are considering a move to London and are concerned about schooling for your children, there are a wide number of French educational establishments around the capital catering for all ages. It is recommended that you choose one that has a ‘homologuées’ status - these schools are guaranteed to follow the French curriculum and conform to France’s education model.
L'Ecole Internationale Franco-Anglaise is located in Marylebone Village. It is an independent, co-ed, secular and international school that provides a bilingual education to children from 18 months to 18 years. It is also a homologuées school, and classes are taught in French and English.
If you crave French cuisine, don’t fret. There are numerous French restaurants throughout Central London, including Le Gavroche on Upper Brook Street, W1K. Owned by Michel Roux Jr. (who has won endless awards for his talents), this restaurant offers the very best in French cuisine.
Or you may wish to sample the delights at Pied à Terre in Fitzrovia or its sister restaurant L’Autre Pied in Marylebone. Both restaurants hold Michelin stars and offer exceptional gourmet food and exquisitely presented dishes.
If you want to immerse yourself in the flavours and fragrances of France, then La Fromagerie in Marylebone is the place to go. Along with delicious cheeses, you will also find a charcuterie and a wine store, for plat du jours and Sauvignon Blanc.
The PAUL bakery and boulangerie should also be a shopping staple. This family company started life in Lille in 1889 and a branch on Marylebone High Street sells a selection of fine breads, pastries, cakes and much more.
If you are looking for French clothing for the little people in your life, look no further than Petit Bateau, with a branch in Marylebone and a concession in Selfridges. For the chicest fashions, designer boutiques such as Christian Dior, Chanel and Cartier can all be found close by on Bond Street.
Martin Bikhit, Managing Director of Kay & Co, commented: “There’s a great window of opportunity for French buyers and investors thanks to current currency trends, making Central London property purchases that bit more attractive. We find our French buyers feel totally at home in W1 and W2, with some home comforts in the shape of French inspired restaurants and grocers, and some world-class French schools. We also enjoy a café culture akin to those found in big French cities like Paris and Lille, with an accompanying cosmopolitan air that Central Europeans tend to love.”
If you are looking for a property for sale in W1 or W2, or are looking for a house or flat to rent in Central London, please browse the listings on Kay & Co’s website or visit one of our offices today. If you’re a landlord thinking of investing in property in W1 and W2, one of our forthcoming blogs will look at the top reasons why French families are attracted to properties to rent in West London.