France and Spain 'ideal for self-catering'

France and Spain make for cost-effective holidays if they are undertaken in a self-catering property, it has been advised.

A spokesman for the Association of Independent Tour Operators said that despite the weakness of sterling against the euro, there are still ways of managing a budget holiday in the two countries.

He stated: "You can offset your cost so if you want to go to France or Spain, you can book a villa and buy your own produce, that's a big attraction too."

Such possibilities may be good news for those buying rental property that could be let out on such a basis in either of the two nations.

One option for those buying to let in France is to purchase property on a vineyard estate and let it out in high season.

Karl O' Hanlon, a spokesman for a rental project where visitors get to join in the winemaking process, told the Daily Mail last week that rental yields in such cases can be between four and 4.5 per cent.

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