Selecting a fine French mortgage for wine-lovers
Wine-lovers interested to make a property investment in France often consider obtaining a French mortgage for accommodation on working vineyards.
France is a great wine destination and wine tourism can yield a decent return for those choosing a mortgage in France and buying property to rent.
Property buyers can achieve returns from between 4% to 4.5% when renting out homes in high season, according to an article in the Daily Mail newspaper.
Many British people are also attracted by the idea of making their own wine. By deciding to live or holiday in France, interested wine-lovers are known to join wine clubs and go to classes.
Budding vignerons maybe interested to learn that the most popular area in the world for wine tourism is said to be Bordeaux in the south of France.
Wine tourism and French mortgages
It is possible to establish a second home in many French wine-producing regions, experiencing wine-making without having to commit to running a vineyard.
French property prices quoted recently in publications include Languedoc at less than £185,000. For those interested in wine-making on a grander scale, a Loire Valley townhouse with 160 vines is being marketed for a shade over £310,000.
If producing 100,000 bottles a year appeals, a full working winery on a large Bordeaux farmhouse is available for sale at about £710,000.
Property perks for interested buyers include regular supplies of ‘home-produced’ high quality wine and opportunities to take part in the wine-making process.
Top French mortgages for wine-making regions
For the best French mortgage advice, Conti is regarded as one of the UK’s top providers of mortgages for people planning to buy property abroad.
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