France could be an investment hotspot this year
French property is likely to be at the forefront of the minds of many investors this year, with foreign buyers looking to capitalise on the popularity of eurozone destinations.
According to a survey conducted by HomeAway.co.uk and Savills, there will be a resurgence in wealthy lifestyle buyers, purchasing property with cash.
Established markets such as France are likely to be the beneficiaries of the property buyers as many shy away from more risky markets in light of the economic climate.
Courtney Wylie, general manager at HomeAway Holiday-Rentals, commented: "Traditional holiday hotspots are among the top-performing destinations … with places like the Cote d’Azur, Malaga Province, the Balearics and the Algarve all being great options for reliable rental returns.
"For anyone hoping to rent, it is essential to research the tourist market first, particularly when considering emerging markets. Access to the destination should also be considered."
International Property Magazine recently placed France at the top of its Quality of Life Index for the fifth year in a row.