Telegraph Money says: With mortgage rates for buyers of French property so low, it is bound to draw in buyers, especially the vast areas of sparsely populated France where prices are fraction of those you’d be more likely to find in the UK. But is it wise to buy?

The value of a market can be estimated by matching property prices against salaries and – as you would with a business – the earning potential of homes. Then plot these against the historical norms.

On these measures, French property is the most overvalued in Europe – 50pc too high against rents and 35pc compared to wages, according to the most recent Economist house price index.

While servicing a French loan may be cheap, that doesn’t mean French property is.