Buying a second home as a summer retreat
By Tim Yates - Topics: France, Investments, Spectrum-IFA Group, Uncategorised
This article is published on: 27th January 2014
You don’t have to be a millionaire to get in on the game. In Southern Europe, particularly in Italy, Spain and France, it is very common for people with ordinary incomes to buy second properties. “They [the French] use them as holiday homes and rent them out when they are not using them,” said Tim Yates, a financial adviser with the Spectrum IFA Group in Valbonne, southern France.
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