Archive for August, 2008

Who’s Buying in France

August 13, 2008 at 9:04 am · Filed under French Property

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Latest figures from French Ministry of Toursim reveal there are 2.9 million second homes in France with over 50% owned by foreigners (50% rise since 1997).

93% are European with the Brits topping the list with 28.5%. Then come the Italians (14%), Swiss (12%), Gerrmans (11%), Belgians (10%), Dutch (8%), Spanish (3%) and Americans (3%). Since 2001 the Irish has shown the biggest rise in ownership with an 86% increase.

Where are they buying?

Not surprisingly the largest concentration is along the Med Coast. Top areas:
Alpes Maritimes (17%)
Var (9%)
Paris (7%)
Haute Savoie (5%)
Herault (4%)
Pyrenees-Orientales (4%)

See you there!

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