When it comes to secondary residences, France remains the European champion with a total of 3.3 million of them reported in 2015 all across the country. The great diversity of France’s geographical assets is probably one of the reasons for its attractiveness when buying second homes: between seas, mountains and countryside, the country is an ‘all-in-one’ that can please any holiday desires. Even if acquiring a secondary residence is often considered as an investment, it is primarily a pleasure-purchase. Indeed, most secondary homes, whether it is an apartment or a house, are dedicated to spend quality time with friends and family, in the most ideal setting. However, it is important to consider a few elements before signing for a secondary residence, in order to make sure that this investment will be a good asset.
With interest rates still low and the high quality of life that comes with acquiring a property by the sea, in the mountains or in the countryside, investing in a secondary residence remains a wise project, both from an objective real estate point of view and the lifestyle that it represents.