Overseas property investors 'rate France highly'
France is still a highly popular market among overseas property investors, a financial provider has stated.
Mike Jones, business development director at Bank of Scotland International, said the country was one of the most highly sought-after locations in the whole of Europe.
However, he countered the idea that most investors were older people who were either close to or above retirement age, dismissing this image as a "general misconception".
Speaking to Mortgage Solutions, Mr Jones referred to a recent study by Banco Halifax Hispania which found that many prospective investors were aged under 35.
He added that about four in ten people in the UK were interested in purchasing foreign property, either for use as a holiday home or an investment.
Mr Jones also highlighted the popularity of overseas property purchases with older people, as many could retire there on a permanent basis.
Next month, travellers will be able to reach France in a shorter amount of time due to the launch of a new high-speed rail link from Eurostar, thereby boosting accessibility to the country.
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