France has replaced Spain as the most popular destination for Brits seeking overseas property for sale, due to its ease of access and the wide variety of choice the country offers, according to a new report from Savills.
The country's stability and good price performance were cited as reasons for the switch, while the research also found that buyers are most influenced in their choice of property investment by proximity to bars, airports and beaches.
Older, traditional-style dwellings are the most popular choice in France, in contrast to the US and Cyprus where more modern properties are preferred.
"Clearly, holiday home owners and tourists share similar preferences for overseas properties," said Rebecca Gill, research analyst at Savills International.
"Strong underlying lifestyle demand for a property helps to support an investment case."
French banks have also continued to lend on second homes, further stimulating the market.
Nearly than a third of those surveyed said the income generated from letting out their property fully covered their costs, and more than half said it covered them partially.
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