France is still a favourite for Britons wishing to buy abroad
France remains one of the top locations for Britons buying property abroad, a currency specialist recently confirmed.
According to The Telegraph, a report from HiFX, a foreign exchange company, analysed property data from the last nine years to find out British buyers’ overseas “dream home” destinations. It showed that France and Spain were the most sought after, with the two countries accounted for around 75% of all buyers’ enquiries.
The data also showed that Switzerland’s popularity is increasing, and that interest in buying in the US and Canada is on the rise. Italy, on the other hand has seen enquiries, and its popularity, decline.
Mark Bodega, a director of HiFX, said that the number of buyers looking for ski properties is also increasing with Morzine and Chamonix still two of the most coveted Alpine locations.
“With interest rates so low in France at the moment and sterling seeing a boost against the euro, it is no wonder that interest in French property from foreign buyers is on the rise,” said Tim Swannie, director of Home Hunts. “As well being as a good investment opportunity, France has everything to offer: quality of life, culture, gastronomy, long, hot summers, and quick and easy access to and from the UK. Now the economy is recovering Home Hunts has seen a surge of interest from British buyers in French property, and it is one that is continuing to grow.”
France is also a favourite with British retirees wishing to move abroad, as a recent survey by MGM Advantage showed, and earlier this year Home Hunts’ INside France report revealed that the most popular locations in France are: Paris, the South West, the Alps, Languedoc, Provence and the Riviera.
Here’s a selection of properties that could suit Britons looking to buy property in France from Home Hunts’ portfolio of properties.
1) The Alps – Chamonix
Well positioned in the Moussoux area, right by the Brévent cable car, this stunning fifties chalet (HH-7638685) has six bedrooms and a stunning view over the Mont-Blanc range. With a private garden and three bedrooms having balcony access, this property offers luxury and security from one of the most coveted ski locations in the world. It is on the market for €1,415,000.
2) Provence – Paradou
Located in Provence, in Paradou, this four-bedroom, traditional stone property (HH-8313791) is the type that moving-to-France dreams are made of. With its striking blue shutters and sparkling swimming pool, this is a property that will steal hearts at the first viewing. It is priced at €650,000.
3) Languedoc – Céret
Immersed in the countryside with no immediate neighbours, this spacious farmhouse (HH-8222275) has been fully renovated to offer seven bedrooms and two separate guest gites. While the property offers complete privacy, it is also just 15 minutes from Céret, which is famous for its annual cherry festival, and has a beautifully-built monocoque swimming pool that is surrounded by a sizeable terrace. The asking price for this splendid residence is €725,000.
For more details about these properties and others in France’s hot spots, visit www.home-hunts.com. To discuss your investment requirements in more detail with a Home Hunts consultant, contact +33 (0)970 44 66 43
