Discover France’s Thriving Second Home Market: The Ultimate Guide for Tourism Enthusiasts

2023-08-19 14:07:00

The info permanently, in the field of tourism like the rest. Not sure to always follow or not to miss these important things which could on occasion interest us. This is why we offer you daily to come back to a news item released recently in order to (re) put it a little forward.

France champion of Europe

Here is another area where France is European champion. That of second homes.

Indeed, with 9.5% of its housing stock dedicated to secondary education – ie more than 3.5 million housing units – France comes first. Normal perhaps for one of the largest and most varied countries on the continent with hundreds of kilometers of coastline, numerous mountain and countryside areas, and even a few large cities that have been able to capitalize on the phenomenon to the point that 12% current secondary residences are urban.

It must be said that the desire is also there among the French with more than 40% of people who would like to one day become owners of a property of this kind. Covid effects and confinement perhaps with this desire to have somewhere, if possible not far, a pied-à-terre where to “decompress”?

The fact remains that the average profile of owners is still rather old, French (90%) and relatively well-off. Even if young people are more and more interested in it, the average age of new buyers is now rather in the 35-50 age bracket, it is still the over 60s who own two-thirds of the residences and form the bulk of the 13% of French holders.

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As for the regions concerned by the “second home phenomenon”, if for a long time the coast was logically privileged, if only to spend summer holidays there, things are moving slowly.

As indicated, the desire to have a place of one’s own where to decompress, if not acting as a “semi-main residence”, pushes some to seek accommodation closer to these cities where a large part of the population lives. Even if it will still take quite a while before the usual champion departments in this area are dethroned.

This is how, following a vast survey carried out on the subject before the Covid, it is still the departments of the Alpes-Maritimes and the Var which remain the most popular ahead of Paris, whose situation is admittedly a bit special when the e are talking about second homes.

You can find more infographics on Statesman

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