France Ranked As Top Emmigration Country
According to the findings published in the Rightmove Overseas (September) 2013 Consumer Survey*, France ranked as the number one country to emigrate to followed by Spain, Greece, Cyprus, Italy and Portugal; whilst the long-haul destinations of USA, New Zealand, Canada and Australia trailed in seventh to tenth positions. The survey highlighted that people are emigrating closer to home to be near to their family and friends and whilst traditional destinations such as Australia, New Zealand and Canada are still popular with buyers, the most interest is currently in European destinations.
La Durantie, the new development of vernacular apartments and houses in the grounds of a historical belle époque style chateau in The Tarn, is ideally positioned to meet the requirements of the growing number of British overseas property buyers looking to emigrate to nearby Europe. The development has recently been awarded ‘Best Leisure Development Europe’, at the International Property Awards 2013-2014 and provides a safe haven amongst like-minded people.
A full variety of ownership options enables individuals to tailor usage time to suit their needs; whether this is a few weeks via the government backed leaseback scheme which benefits from 19.6% tax refund, through to full-time residency.** For those living at La Durantie, family and friends will find visiting a breeze as there are superb transport connections to the rest of France, Europe and the World thanks to six international airports in close proximity and some of Europe’s best motorways and train lines. Toulouse airport is only 50 minutes by car and serviced by direct flights as well as budget airlines such as Flybe, Easyjet and Air Lingus.
Those looking to emigrate are often keen to escape to warmer climes and seeking a hassle-free lifestyle and La Durantie is situated on the same latitude as the Cote d’Azur in a landscape of rolling hills, vineyards and ancient hill towns. The development offers the chance to enjoy the best of 21st century living in the luxurious new build homes, combined with the daily use of the Country Club facilities in the historical chateau building. Thus there is no expensive and time consuming upkeep of an old chateau and it is only a two minute walk to the state of the art spa, indoor infinity pool with stunning country view, tennis courts, brasserie/restaurant, bar and library.
For those not ready to give-up their life in the UK, but looking for a second home to escape the stresses of everyday life, the majority (59%) will be purchasing property within the next two years, according to Rightmove. The survey revealed there is a lot of pent up demand for second homes overseas from people researching or waiting to retire with 38% planning to retire in the next two years.
British developer and master planner, Tony Dowse of Environ Communities says: “We have master planned La Durantie very much with expats and active retirees in mind. We spotted there was a gap in the market for the fifty plus age group seeking a secure and hassle-free home in a rural location, which delivers on both privacy and the option to socialise with other like-minded people in a cultured community. We have ensured that no homes are overlooked by neighbours but convivially arranged in small clusters of approximately six homes with private spaces and internal courtyards, which echo the local villages. Access to the chateau’s Country Club also provides owners with entertainment and social events which can often be lacking in the countryside.”
Construction of Phase 1 consists of 57 vernacular designed single and two storey one to five bedroom detached homes together with two styles of apartments with either two or three bedrooms. All properties have lush landscaped rear gardens and most have a private pool. Renovation of the chateau is already underway and construction of the first homes on the estate is due to commence in the first quarter of 2014, with the delivery anticipated for December 2014. Prices of primary residences (not included in the leaseback scheme) start from 387,500 Euros (approx. £325,000) for two bedrooms and rises to 910,000 Euros (approx. £763,000) for a five bedroom home.***
*Insights From The Rightmove Overseas 2013 Consumer Survey
This data is compiled from searches made by users of www.rightmoveoverseas.co.uk during the period 1st September – 30th September 2013. Our website records explicit searches that users make for locations chosen from our map based search, or that are entered into search fields and includes tourist regions we have defined for ease of recognition.
**La Durantie development will consist of 70% holiday homes and 30% primary residences.
***A mandatory annual charge includes management charge and country club membership.