Older generation on the move

New research shows that the older generation are increasingly active throughout the international property market. The results of a survey from The Overseas Guide Company show that more than two thirds of potential overseas buyers are aged 50 or over and more than half of those who took part in the survey said that they would be buying a property abroad to move into upon retirement. Three quarters of those looking to buy a home in the sun are looking forward to their new life away from the stresses of working life and plan to rely on pensions and/or investments to fund their later years. French property remains one of the most popular markets for overseas buyers and the Languedoc-Roussillon region appears to be particularly attractive for those real estate investors looking for a more relaxed way of life. More than 40 per cent of respondents said they would look to buy a property close to a village type community.