France No.1 for second homes
Following the report that France offers the best quality of life in Europe
, it should come as no surprise to find that that this is where the majority of holiday home owners choose to invest.
Recent research by estate agents Savills International in collaboration with holiday rentals website HomeAway.co.uk shows that France has overtaken Spain in terms of its popularity amongst those with money to invest in a second property.
Compared to Spain where there are more new build developments, those buying in France were more likely to choose an older property in a traditional style. However, balconies, terraces, air-conditioning and access to a pool proved desirable across the board.
The south of France and the Alps are amongst the established tourist destinations most sought-after with plenty to offer visitors in terms of restaurants and attractions. The proximity of France to the UK was also an important factor for British buyers.
Also in France’s favour was the result of a recent survey of over 1000 tourists looking to rent holiday properties abroad. In common with overseas buying trends, France was ranked amongst peoples’ favourite destinations.
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