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French property most popular with UK buyers
New research published by global real estate provider Savills reveals that France is number one in the list of locations where Brits purchase property abroad. Stable, easily accessible and ever-popular with tourists from around the world, it’s no surprise that the UK’s closest neighbour maintains such a strong appeal.
Lifestyle buyers and holidaymakers alike are drawn to quality products in easy to reach locations and France couldn’t be more accessible, with over 400 airports, excellent road and rail links and numerous ferry ports. What’s more, financing your overseas property is proving much easier in France than in its other European destinations.
“France’s banks have continued to lend on second homes, thereby stimulating the market. The relative stability of this market and its ease of access from the UK mean that buyers remain confident to invest.” – Savills Research, Autumn 2011
Currently developing a five star golf and spa resort centred around a magnificent historic chateau in the heart of France, UK based developers Barrasford and Bird Worldwide have experienced an influx of enquiries about French property over the past few months. Developer Robin Barrasford comments,
“Traditional destinations such as France have consistently maintained a strong appeal to the UK property purchaser. Favourable finance options, high rental returns and the wealth of history and culture available in this remarkable country are just a few of the benefits that France has to offer.”
Robin Barrasford’s current masterpiece, Château de la Cazine French golf and spa resort, offers purchasers luxury property in a spectacular location enjoying the superb combination of 5-8% rental returns coupled with an incredible 180% buyback guarantee.
