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Retirees "flocking" to France

Article Date : Friday, August 03, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

A million British pensioners are receiving their state allowance from overseas, according to new figures from Saga.

But France has become more popular with Brits than Spain because there are fewer established expat communities to annoy them, according to an overseas mortgage adviser.

Matthew Weston, manager of overseas mortgages at Blevins Franks, said that people were looking for a cultural experience and a change of lifestyle rather than a Little Britain Abroad.

"Normally what people are looking for is a peaceful home set in natural surroundings that is in close proximity to a local scene that has a good dose of its own unique culture and entertainment," he said.

A Cluttons France spokesperson said that the French Riviera was becoming very popular with a higher class of Brit who did not want to see "an English man wearing his football shirt in France".

Olivier Morvan said that over-development would affect Spanish property values but the French Riviera was a prestigious area that would retain its value.
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