French properties firm favourite with Brits
UK property owners looking to buy a holiday home in the sun are still crossing the Channel in droves despite the Euro crisis.
French property remains at the top of the wish-list for many British buyers searching for a second home in sunnier climes. Spanish property is the next most popular destination and with the price of property in Spain still falling in many regions there are many bargains still to be had.
Residential real estate in France represents a safer financial investment than many other European destinations and although property values did decline in the wake of the global credit crisis the country’s property market has not suffered the same price crash seen in neighbouring countries.
For some prospective holiday home buyers the lure of a second home further afield has seen a rise in the number of people buying a property in North America where great weather and fantastic tourist attractions together with low property prices provide a package that is hard to resist.
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Published: 19-Apr-12