The French Riviera became in 1999 the French region that most interests British people to buy a second home in France. This is the conclusion of a study lead by the British bank Abbey National about purchases of real estate in France by British people. In France, 500,000 British people are owners of a flat, a villa or even a castle. Some years ago such purchases were made in North of France.
In 1999-2000, they have been preferring South: 11% of purchases were signed on the French Riviera, 10% in Dordogne, 7% in Haute-Savoie, 6% in Gers, and only 4% in Manche. What encourages British people to buy in France? French real estate is not so expensive, interest rates are light enough, the pound is stronger than the Euro…
L'éco de la Côte.