More British are Buying Overseas Property in Western France

Feb. 4, 2011 - PRLog -- Rumors that British owners can’t afford property in France due to the weak pound are simply not supported by the facts. Recent reports are noting that the British are own more second homes in France than any other nation. Almost thirty percent of these second homes are owned by people from the UK. The area that is the most owned by the British is the North-West, in particular the Côtes d’Armo and Morbihan in Brittany, the Dordogne, and Manche in Basse-Normandie.
Many French property consultants have attributed the large amount of second homes in France owned by Brits as due to its easy accessibility to the UK. They reference that most of the British inquiries have been for property in the western regions.
Typically European second-home owners in France purchase a second home in the region that is close to their country of residence. A popular place for Germans to buy a second home is Lorraine while, for the Italians, they tend to choose the Alpes-Maritimes on the Côte d’Azur.
Also British buyers gravitate towards houses with character and history in a serene environment. They tend to be attracted to the authentic French house that has a rustic quality to it over a pad in the Côtes d’Azur that might be more modern.
Yet French lifestyle and the beautiful terrain make it no wonder that the property is being so heavily coveted in France. Be it a long-term move or a holiday let, France offers a way of life that is generally much cheaper with nice weather, excellent food and a health system ranked as one of the best in the world.
Although many have critics have thought that British investment in overseas property in France cannot continue, the persistence of the buying trend might be due to the fact that people are still clinging to their dreams of owning a second house abroad. Whether it is through property investment or the dreams of owning a historic French home, the British are making themselves known in the purchase French property.
For more information please go to http://www.buyassociation.co.uk

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