It’s a fact, we’re living longer. Average life expectancy in the UK is now 80 years according to the World Health Organisation (2010) and with better standards of living and medical advances, this is only going to increase.
French Alpine developer MGM is breathing new life into former ski resort hotels whose heyday has passed, thanks to the growing preference among families for self-catering accommodation in their own modern apartments.
Recent census data has shown that one in six people in England and Wales are now aged 65, the highest proportion ever recorded at this age and a trend we will continue to see in the coming years.
Plans to build state-of-the-art new homes in a French Alpine location which has been inhabited for more than 5,000 years have been announced by the region’s leading developer, MGM French Properties.
Just on the market in what is said to be one of the property hotspots of the French Alps is a brand new luxurious new five-bedroom, five-bathroom detached chalet.
France has rubber-stamped its position as the UK’s favourite place to buy overseas property, attracting the largest share of enquiries into information provider The Overseas Guides Company (OGC) for each quarter of 2012.
The rustic-style interiors of many of the holiday homes built in the French Alps by MGM are being replaced in its newest developments with contemporary finishes which, according to research, have greater appeal to today’s buyers.
One in seven British citizens living overseas said they would stay abroad for "the favourable cost of living" according to a new report conducted by the Home Office with the majority of British emigrants "making a lifestyle choice" rather than moving primarily for work.
A rare opportunity to buy plots of land on which purchasers can build their own bespoke villas in the Provence region of southern France comes on to the market this month.
Demand for year-round holiday homes being built by MGM in the traditional farming village and ski resort of Les Carroz d’Araches in the Grand Massif area of the French Alps is so strong that the company has brought forward plans to construct more on another site nearby.
Andy Scott, premier account manager at foreign currency brokers HiFX, comments on the French tax hike on holiday homes.
The last chance to buy one of the new homes being built in what is said to be one of the most beautiful mountain settings in Europe, just 90 minutes by road from Geneva Airport, is announced by MGM French Properties.
Trevor Leggett, managing director of leading French estate agency Leggett Immobilier, comments about the comparison of farmland prices in the UK and France:
The popularity of Samoëns, one of the most picturesque traditional market towns in the French Alps, means that MGM French Properties has sold all but 18 of the 70 apartments it is building at Les Chardons Argentés, its sixth development in the town.
The ongoing sovereign debt crisis is doing little to deter ambitious home buyers as Spain and France remain the firm favorites for those seeking to buy a place in the sun.
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