France remains number 1 for Brits buying abroad according to recent report
The latest overseas property ‘hot spots’ report conducted by overseas mortgage specialist, Conti has revealed that France remains the number one choice for Brits buying property abroad.
Taking the coveted top spot for the fourth year running, France has represented 45% of mortgage enquiries received so far in 2012 according to Conti’s data having grown from 39% last year and just 15% back in 2008. Spain takes second place with 33% of enquiries.
Conti’s operations director, Clare Nessling, commented: “Buyers have increasingly been sticking to locations they know and trust, which is why France and Spain are out on their own at the moment and Portugal is starting to rise in popularity again too.”
Meanwhile, according to a recent study by SAGA, France still remains a holiday favourite for over-50s planning to take a vacation soon with Danny Silver, MD of the ‘active living’ resorts in France for the over 50’s, The Villages Group commenting:
“It is clear that France’s perception of stability and being a ‘safe haven’ for both holiday makers and property buyers still prevails. Over the years French property has enjoyed practically constant success, and with the Euro dropping against the pound, it’s no wonder that France is still the top choice for British overseas buyers.”
Silver continues,
“With a strong reputation and the opportunity to get more for your money, it seems many are making their dream of escaping to France a reality. For those entering their third age especially, France is often the ideal destination which is why we have developed our active living Villages for the over 50’s here, providing services and amenities that encourage an active, happy and healthy lifestyle focussed around a strong community of like-minded individuals.”
For over 50’s contemplating a move overseas, the Languedoc-Roussillon region in France could provide the answer. The Languedoc is one of the most visited parts of south west France often chosen for its climate, coast and countryside and as a result of Languedoc’s popularity, The Villages Group has decided to develop their first active living resort ‘village’ for those over 50 to enjoy at the UNESCO World Heritage Site of Canal du Midi, one of Europe’s longest and widest canal systems.
The Villages Group will provide a village community of around 107 villas on the banks of the Canal du Midi. This village site will afford full on-site amenities including tennis courts, indoor pool, gymnasium and quality entertainment programmes, perfect for living an active and fulfilling life within a community of like-minded individuals.
For more information please contact The Villages Group on + 33 1 4007 8625, email info@thevillagesgroup.com or visit www.thevillagesgroup.com.