Investing in France

July 11, 2007 at 12:07 am · Filed under French Property

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Buying a French holiday home and then renting it out is likely to earn you a fair bit of cash, according to the latest figures.

The study says shows that currently there are around 400,000 overseas properties owned by British investors with over half of these in Spain and France.

Income yields of holiday homes can reach up to 8.6 per cent, based on average occupancy rates in Europe for 18 weeks.

The report by Holiday Rentals.co.uk said: "Our survey suggests that investment motives are driving the majority of overseas second home purchases with the owners’ use of the property (whether …

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