Buying a property in France has been high on the agenda for many Brits and now with a poll showing that France tops Europe in having the best quality of life it makes it even more attractive. The study conducted by Uswitch shows that the French retire earlier, live longer and have more paid holiday than the average across 10 European countries.
For the British who earn more than the French life is a lot more expensive with higher food, alcohol, electricity and gas prices. British workers can expect to spend three years longer at work and die two years younger than their French counterparts
The French property market does not suffer with huge swings in pricing and this relative stability may be another reason why France is so popular with Brits buying property abroad
Alistair Lockhart, Sales & Marketing Manager, “Property Prices in France, especially in popular areas, do seem to be bottoming out and we are receiving plenty of buyer enquiries from UK clients. Because prices at the moment are more realistic we are noticing a great deal of interest from US and UK investors. September and October have been very busy months for FPA, with an increase in the number of houses going on the market and good mortgage deals available.
The British may also be in a better position to afford French property with the Uswitch survey reporting that the highest net household income was 35,730 pounds a year which is 10,000 pounds (16,000 dollars, 11,000 Euros) above the European norm.
Britain is the second most expensive country in Europe for unleaded petrol, while diesel is 20 percent above the European average. Food also costs more and only Ireland and Sweden pay more for a round of drinks.
Ann Robinson, head of consumer policy at the British firm “We earn substantially more than our European neighbours, but this level of income is needed just to keep a roof over our heads, food on the table and our homes warm,” said.
“It’s giving us a decent standard of living, but it’s not helping us achieve the quality of life that people in other countries enjoy.”
Britain is also near the bottom of the rankings when it comes to health and education spending as a proportion of gross domestic product (GDP), has a below average life expectancy — and enjoys far less sunshine.
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