Sunday, 27 March 2011

French holiday homes: is it le recovery? | Money | The Guardian

French holiday homes: is it le recovery? | Money | The Guardian

The heady days of buying holiday homes abroad using equity from soaring house values in Britain have long gone, yet France remains a favourite for the few still buying overseas.

No authoritative data exists on international holiday home sales but websites such as Primelocation and FindaProperty say listings for classic French cottages and renovation projects receive heavy numbers of hits, despite the economic malaise.

Britons typically buy near airports served by budget airlines, in four main regions – the south west, from Normandy down to the Spanish border; the Mediterranean coast, along the Cote d'Azur and provence and into Languedoc; the Alps; and a smaller number of generally wealthier purchasers look to Paris.

No comments:

Post a Comment