England wins Euro 2016 real estate cup

England wins Euro 2016 real estate cup

France Spain Turkey United Kingdom
  • Turkey tops house price growth in Europe
  • Spain leads foreign buyer demand
  • Spain, England, Turkey and France go through to semi-finals
  • England beats France thanks to rising property values

They may not be the favourites to win Euro 2016, but when it comes to real estate, this is England’s year. Property portal TheMoveChannel.com pitted the housing markets of the 24 countries against each other in a property tournament to end all property tournaments.

The site compared each country across three key categories: house price growth in the 12 months to Q1 2016, using Knight Frank’s Global House Price Index, the number of properties listed for sale on the international site, and demand from investors, measured by the number of enquiries from buyers on TheMoveChannel.com in the 12 months to June 2016.

Combined, the factors give a rounded portrait of a country’s property market, from overall health to investment potential.

Click here to see the full infographic.

Turkey tops house price table

In terms of house prices, Turkey’s property market is number one in Europe. According to Knight Frank’s Global House Price Index, the country has seen property values soar 15.3 per cent in the year to Q1 2016, ahead of Sweden (12.9 per cent) and Austria (7.6 per cent).

Turkey has enjoyed the strongest house price growth in the world for the last three quarters in a row, fuelled by the country’s rapidly growing population, ongoing infrastructure development and high demand.

Spain leads foreign investment league

Spain is the most popular destination in Europe for foreign buyers, attracting the highest number of enquiries on TheMoveChannel.com in the year to 2016. It is followed by investor favourites Portugal, France, Turkey and Italy. Italy is also the country with the most properties for sale on the site as of June 2016, ahead of England, Spain, France and Portugal.

Quarter-Finals: Battle of the holiday home hotspots

Following the format of the Euro 2016 tournament, the categories were used to determine the top performers from each group, before progressing through the knockout stages of the competition.

In the quarter-finals, Spain slipped past Switzerland through sheer force of buyer demand; England advanced over Portugal due to stronger price growth and a higher inventory of homes for sale; Turkey triumphed over Germany, thanks to its unbeatable house price growth; and France flew past Austria, boosted by its lifestyle appeal.

Semi-Finals: Familiar favourites triumph

While Spain is the most popular destination in Europe on TheMoveChannel.com, England edged past its continental cousin, powered by its stronger house price growth (5.3 per cent versus 2.4 per cent) and a higher number of properties for sale, making it easier for investors to find an opportunity.

France’s house price growth may be low compared to Turkey’s (0.5 per cent versus 15.3 per cent), but with French mortgage rates at record lows, demand for the country’s real estate is hard to match, with France receiving 27 per cent more enquiries in the year to June 2016.

Final: England knocks out France

England’s housing market puts 50 years of hurt to rest with a victory over the Euro 2016 hosts. Due to a chronic lack of supply, England’s property values have been accelerating for some time. In the 12 months to June 2016, prices have risen 5.3 per cent, according to Knight Frank, compared to France’s 0.5 per cent. England also has more properties for sale. France, however, scores a consolation goal with a higher level of buyer interest, primarily because of people searching for property in the UK in general, instead of specifically in England.

 

Notes to Editors

About Lead Galaxy and TheMoveChannel.com

Founded in 1999, www.TheMoveChannel.com is the leading independent website for international property, with more than 1.4 million listings in over 100 countries around the world, marketed on behalf of agents, developers and private owners.

TheMoveChannel.com is one of more than a dozen international property sites operated under the Lead Galaxy brand. Lead Galaxy provides online marketing solutions to thousands of property companies worldwide, focusing on portal listings, email marketing, qualified leads, paid search and social media advertising.

The business is headquartered at 24 Jack’s Place, Corbet Place, Shoreditch, London, E1 6NN.

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Do you need comment or statistics for an international real estate article? Our experienced editorial team and management are happy to collate data, provide example properties, or offer insightful comment to support your publication.

Please contact Ivan Radford on ivan.radford@themovechannel.com or +44 (0)207 952 7221

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Feature property listings in your publication!

Our technical team has developed a great new solution for content publishers that allows the addition of high impact advertising units, which can be configured to show property listings, relevant to a type of property, country, region or a specific location.

 

There are 2 types of implementation:

  • Standard Ad Units: These show in 120,600, 160×600, 300×150, 300×250, 300×500, 300×750 and 728×90 formats, with a varying number of listings showing in each version.
  • Dynamic Portfolio: This is a completely configurable panel, where you can choose the number of columns and rows, plus the size of the listings and dedicate a section of a page, or even a whole page to a set of properties.

Please contact Ivan Radford on ivan.radford@themovechannel.com or +44 (0)207 952 7221

Foodies fill their Basque-ts with bargain properties

Foodies fill their Basque-ts with bargain properties

France Spain
  • 10% of world’s top 50 restaurants in the Basque Country (Euromonitor)
  • Locals swapping pricey properties for fabulous food (Kyero.com)
  • Just 1,600 Brits live in the Southern Basque Country at present (Ministry of Employment and Social Security)

The Basque Country, spread across France and Spain in the Western Pyrenees, is a region with a well-known and fascinating political and historical story. But these days, the area also has a growing reputation as one of Europe’s most tantalising locations for foodies.

Basque Country cuisine draws elements from both Spanish and French cooking, blending them in ways that delight the taste-buds and draw in gourmet travellers from across the world. According to El Pais, the cuisine blends traditional methods, seasonal local ingredients and imaginative technical know-how in order to create something truly special.

The Southern Basque Country, consisting of the three provinces of ÁlavaBiscayGipuzkoa, the two enclaves (Enclave of Treviño and Valle de Villaverde) and the Chartered Community of Navarre, contains half of Spain’s eight restaurants with three Michelin stars. Three are in Gipuzkoa and one in Biscay. Not only that, but five of the world’s 50 best restaurants, according to the Euromonitor Consumer Lifestyles in Spain Aug 2015 report, are located in the Basque Country. Astonishingly, that’s as many as can be found in the whole of France.

The Basque city of San Sebastian is gourmet paradise, with a total of 16 Michelin stars awarded to restaurants in the city and its outlying areas. According to Euromonitor, no other area on Earth can claim to have such a density of Michelin stars.

But foodie heaven comes at a price. According to data from the Spanish National Statistics Institute (INE), although the Basque cost of living is spot on the national average for Spain, the cost of food and drink there is well above average.

At the three Michelin starred Arzakis, a meal can cost around €200 per head. Interestingly, the restaurant’s clientele consists largely of local middle class families, rather than the super-rich, according to Arzakis’ proprietor. Gourmet tourists are also drawn to Arzakis and the Basque Country’s other three starred establishments.

So how is it that locals can afford to splurge regularly on such fabulous and expensive food? Martin Dell, Director of Spanish property portal Kyero.com, which lists more than 200,000 homes from 3,000 estate agents, explains,

“It’s interesting in the Southern Basque Country to see that despite the average cost of living, property is 9% cheaper than the average cost across Spain, according to the INE House Price Index. It seems that locals – and second home owners – are balancing out their big food budgets by saving on property.”

Spain’s Basque Country regions are still relatively un-discovered (at least compared with the Costas) when it comes to British home owners. According to the Spanish Ministry of Employment and Social Security, there are just 1,600 Brits among the 56,000 foreign residents of the Southern Basque Country, with the majority being made up of Portuguese and Romanian settlers.

However, with the area’s fast-growing reputation as one of the tastiest places on the planet, Brits looking for a second home in Spain and thinking with their stomachs may well be inspired to head north instead of south in increasing numbers over the years ahead!

For further details on properties to rent and buy across Spain, visit www.kyero.com.

Hotspots Index: Rome leads European property rebound

Hotspots Index: Rome leads European property rebound

Cyprus France Greece Italy Portugal Spain
  • Rome most searched-for property location in the world
  • Portugal home to 14 of 50 most searched-for hotspots
  • France, Greece and Cyprus all in top 10

Rome is leading the rebound in demand for European property, reveals new research from TheMoveChannel.com. The portal’s latest interactive Hotspots Index shows that the Italian capital was the most searched-for location in the world in Q1 2015, as overseas buyers flock to the continent.

Rome accounted for 1.48 per cent of location searches in the first three months of the year, climbing one spot in TheMoveChannel.com’s Hotspots Index from Q4 2014. Rome is the first of two Italian hotspots in the Top 10, with Como sliding one place from the previous quarter to seventh place.

Spain soared into the silver spot, with Malaga climbing three places to become the second most searched-for location. While interest surged in the Costa del Sol, demand for the Balearics also boomed, with Mallorca leaping 10 places in the Index to become the third most popular hotspot. Malaga and Mallorca accounted for 1.45 per cent and 1.02 per cent of searches in Q1 2015 respectively.

Portugal followed closely in fourth place, as Albufeira accounted for 0.96 per cent of location searches in the three months to March 2015. With property prices now showing their first signs of rising following the recession, and the Golden Visa scheme encouraging investment from outside of the EU, the Portuguese property market is now the most widely sought-after on TheMoveChannel.com: the country was home to 14 out of the Top 50 hotspots in Q1 2015, up from 11 in Q4 2014.

Spain and Portugal have both enjoyed record levels of enquiries in the past six months, but demand for European property is now spreading across the continent. France made its debut entry in the Hotspots Index Top 10, as the Dordogne received the sixth biggest share of searches (0.81 per cent). Greece also entered the Top 10 for the first time: Corfu jumped 19 places in the chart into eight place.

TheMoveChannel.com Director Dan Johnson comments: “Europe has never been more attractive to overseas buyers than it is now. Mortgage rates are low in France, prices are rising in Portugal, and Spain’s market has bottomed out. With the pound at a seven-year high against the euro, spending power for Brits is exceptionally strong. Greece now accounts for six of the Top 50 hotspots – up from four in Q4 2014. The country’s economic uncertainty could be bad news for the euro, but it is certainly good news for buyers.”

The full top 50 hotspots on TheMoveChannel.com in Q1 2015 is available here.

Notes to Editors

About Lead Galaxy and TheMoveChannel.com

Founded in 1999, www.TheMoveChannel.com is the leading independent website for international property, with more than 800,000 listings in over 100 countries around the world, marketed on behalf of agents, developers and private owners.

TheMoveChannel.com is one of more than a dozen international property sites operated under the Lead Galaxy brand. Lead Galaxy provides online marketing solutions to thousands of property companies worldwide, focusing on portal listings, email marketing, qualified leads, paid search and social media advertising.

The business is headquartered at 24 Jack’s Place, Corbet Place, Shoreditch, London, E1 6NN.
——————————-
Do you need comment or statistics for an international real estate article? Our experienced editorial team and management are happy to collate data, provide example properties, or offer insightful comment to support your publication.

Please contact Ivan Radford on ivan.radford@themovechannel.com or +44 (0)207 952 7221
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Sign up to our Daily International Property Newsletter:

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– Quirky stories from around the world of property
– Hot properties being launched internationally
– Useful guides, surveys, research and trends
– Gossip, lists and other property chit chat

Sign up here: http://www.themovechannel.com/my/subscriptions/
——————————-
Feature property listings in your publication!

Our technical team has developed a great new solution for content publishers that allows the addition of high impact advertising units, which can be configured to show property listings, relevant to a type of property, country, region or a specific location.

There are 2 types of implementation:

  • Standard Ad Units: These show in 120,600, 160×600, 300×150, 300×250, 300×500, 300×750 and 728×90 formats, with a varying number of listings showing in each version.
  • Dynamic Portfolio: This is a completely configurable panel, where you can choose the number of columns and rows, plus the size of the listings and dedicate a section of a page, or even a whole page to a set of properties.

Please contact Ian Spencer on ian.spencer@themovechannel.com or +44 (0)207 952 7224

The Best Exotic Marigold Hotel 2 inspires pensioners to escape expensive retirement in the UK

The Best Exotic Marigold Hotel 2 inspires pensioners to escape expensive retirement in the UK

France

According to a recent Prudential survey, the high cost of living in the UK and declining pension pots mean that some 17% of those planning to retire this year will have debts outstanding.

  • The Best Exotic Marigold Hotel 2 currently being filmed in India
  • Sequel features stellar 50+ cast of Maggie Smith, Judi Dench, Bill Nighy and now Richard Gere
  • 17% of those in UK planning to retire this year will have debts outstanding (Prudential) 

These findings are leading more and more UK pensioners and those aching retirement age to ask: can retirement be outsourced to cut costs?

This concept is the premise of “The Best Exotic Marigold Hotel 2”, the sequel to the hilarious but poignant 2011 British comedy-drama film of the same name.

Currently being filmed in India, this much anticipated second outing of the stellar 50+ cast which includes Maggie Smith, Judi Dench, Bill Nighy and now Richard Gere, tells the story of a group of pensioners who move to an affordable retirement hotel in India to escape the crippling cost of old age, where they grow to appreciate adventure in their golden years.

Throughout the movie, the guests address society’s assumptions of old age and tackle elderly stereotypes, making decisions that help them learn more about life as a retired individual whilst also finding ways to live their lives to the full.

The Villages Group – Rainbow, France’s first gay active living village for the over 50s, offers retirees precisely this kind of chance to find adventure before dementia, with like-minded retirees from the LGBT community coming together in the serene location of the Languedoc-Roussillon, South West France. Danny Silver, Founding Manager comments,

“The British over 50’s LGBT market is booming and it is important that their specific needs for housing are not only recognised but met. With isolation and loneliness real challenges for older LGBT people, we at The Villages Group – Rainbow believe that community living villages are the way forward. We provide one level eco homes with on-site services and amenities that encourage an active, happy and healthy lifestyle with like-minded individuals.”

Indeed with increasing numbers of people looking to move abroad for their golden years in search of lower living costs and a better quality of life, France remains an extremely popular destination. It affords a wonderfully warm climate, relaxed lifestyle, stunning natural beauty and easy access to the UK – that’s if you ever want to go home!

For those keen to seek an active retirement under the Spanish sun becoming a Sun Rocker at Sun Park Living is also a popular choice. With a private gated community resort in southern Lanzarote, Sun Park Living offers an exclusive retirement lifestyle for those who wish to remain active but in a cheaper and decidedly warmer environment than the UK.

Residents at the resort are fondly known as Sun Rockers, hinting at the thirst for life that has driven them to expect more from their retirement. Gil Summers, Founding Manager comments,

“There’s a profound and palpable sense of community, friendship, camaraderie and family, that ties everyone and everything together here. Sun Park Living clearly fills a void in people’s lives, which is evident through everyone’s daily attendance resident-run social groups and activities, making every minute count whilst they are together.”

Indeed, the sense of community spirit is a huge draw to retirees looking for a lifestyle change. Of course the warm climate, flavourful local cuisine and fantastic culture all serve to make the experience even more rewarding – and all of this in light of the resort offering affordable rental apartments, for short or long term, for a fraction of the usual cost of retirement properties in the UK.

However, much like The Villages Group – Rainbow, the real currency at Sun Park Living is the residents themselves and their dream to live every moment to the full.

For more information on any of the featured retirement accommodation, please contact:

The Villages Group Rainbow: call + 33 1 4007 8625 or visit www.thevillagesgroup.com/rainbow   

Sun Park Living: call 0161 408 3360 or visit www.sunparkliving.com

Accommodation providers eye the Pink Pound as LGBT tourism spending to exceed USD$200 billion for the first time in 2014

Accommodation providers eye the Pink Pound as LGBT tourism spending to exceed USD$200 billion for the first time in 2014

France
For those providing accommodation for the LGBT community such Danny Silver, Founder and Owner of The Villages Group Rainbow in France, the outlook for 2014 is bright as tourism spending by this group is set to exceed USD$200 billion for the first time.
These latest findings from the world’s largest LGBT market research study LGBT2020 presented by Out Now revealed that of the top 20 global markets for LGBT tourism, the largest spenders were the USA (USD$56.5 billion) and Brazil (USD$25.3 billion) with USD$66.1 billion expected to be spent by Europeans.
In terms of hot destinations for the LGBT community to visit in the next 3 years (2012-2015), France was named as the number one most desired destination country by more than 6% of the total global tourism industry who identify as LGBT according to LGBT2020 research.
A response which Danny Silver, himself a resident in Paris, is not surprised by, he comments,
“France is the ultimate destination for the LGBT community. Having lived here for many years now I have seen the progress which has been made in transforming the nation into a LGBT-friendly destination; the legalization of gay marriage last year was a significant step in the right direction and with Paris hosting the Gay Games in 2018, I can only see LGBT tourism to France going one way – up!
“Indeed for older members of the LGBT community, often more concerned with cultural and safety issues in other destinations, France offers a truly welcoming atmosphere with numerous gay friendly restaurants, bars, beaches and accommodation choices such as our project, The Villages Group Rainbow located in the Languedoc-Roussillon region of SW France.”
Much more than a gaycation however, The Villages Group Rainbow is going one step further by offering permanent accommodation for the LGBT community. Following the popularity of such resorts in the US, The Villages Group Rainbow will be the first active living resort in Europe for LGBT’s over 50 years old, allowing them to turn their travels into a more permanent holiday.
Danny explains,
“Just as many members of the LGBT community prefer to travel together, so too do they enjoy living together, with like-minded people, which is why we created The Villages Group Rainbow. From the start this revolutionary concept for Europe has been well received with the local Mayor in full support and over XX% of the homes purchased by buyers from all over the world.”
The one level eco-friendly homes at The Villages GroupRainbow are available to purchase from as little as €236,000 with the site, situated on the banks of the UNESCO listed Canal du Midi, affording full amenities including tennis courts, indoor pool, Jacuzzis, saunas, gymnasium and great entertainment programmes. Owners will now also be able to explore the local area on complementary scooters!
For more information please contact Danny at The Villages Group Rainbow on + 33 1 4007 8625, email info@thevillagesgroup.com or visit www.thevillagesgroup.com/rainbow.

The Villages Group Rainbow provide the alternative to the rising cost of living for the over 55sLGBT community

France

In spite of the typical monthly income of British over-55s reaching £1,545 in January 2014 – the highest figure seen by Aviva in the 4 years since the insurance giant began tracking this data, it seems that many are still experiencing money worries.

  • Income gains since December 2012 outweighed by 9% increase in over-55s’ typical monthly expenditure (Aviva Retirement Report Jan 2014)
  • Payments on fuel and electricity costs rise by 5% in the last 12 months
  • The Villages Group Rainbow enables retirees to enjoy their golden years affordably.

Indeed, income gains since December 2012 have been outweighed by a 9% increase in over-55s’ typical monthly expenditure over the same period according to the Aviva Retirement Report (Jan 2014). Their extra outgoings add up to £116 a month or £1,392 a year – equivalent to a whole month’s worth of spending!

Further data from Aviva has shown that the typical housing costs (including mortgage or rent) have increased the most since December 2012 – by £24 a month – while over-55s’ typical monthly food bill has gone up by £23.

With payments on fuel and electricity costs also rising by 5% in the last 12 months, it means the typical British over-55 is putting an extra £53 a month towards the cost of food, housing and energy than they were a year ago.

Danny Silver, Managing Founder of The Villages Group Rainbow, comments,

“Funding retirement is tough for many with the added pressure of bill increases in almost every sector throughout 2013. With a growing number of British over-55’s struggling to cope financially, it is no surprise that innovative “active living” Villages offering a low weekly living cost are proving increasingly popular.

“The Villages Group Rainbow in the heart of south-west France would benefit any retirees looking for a way to enjoy their golden years without money worries. For just £40 per maison per week including management, maintenance, property taxes, weekly maid service of your villa, plus all on-site activities, you can live in the heart of the Languedoc-Roussillon.

“Indeed when it comes to the day-to-day cost of living, it’s a well-known fact that food and wine in France can be bought so much cheaper than in the UK making the euros go much further than the pounds!”

So for those approaching their golden years and contemplating a move overseas, the Languedoc-Roussillon region in France is a natural choice. Boasting a superb climate, stunning countryside and a relaxed lifestyle as well as being regarded as one of the best places in the world to retire to, it is no wonder the Languedoc is top choice for many British and European active retirees.

It is for just these reasons that The Villages Group Rainbow has decided to develop Europe’s first active living resort ‘Village’ for the LGBT community over 50 to enjoy at the UNESCO World Heritage Site of Canal du Midi.

The Villages Group Rainbow will provide a village community of around 107 villas on the banks of the Canal du Midi, one of Europe’s longest and widest canal systems.  This village site will afford full on-site amenities including tennis courts, indoor pool, Jacuzzis, saunas, and gymnasium not forgetting great entertainment programmes, perfect for living an active and happy life within a community of like-minded individuals.

For more information please contact The Villages Group on + 33 1 4007 8625, email info@thevillagesgroup.com or visit www.thevillagesgroup.com/rainbow.

Adventure before Dementia: The future of retirement

Adventure before Dementia: The future of retirement

France

Have you in inadvertently been putting the cornflakes in the fridge and the milk in the cupboard lately? This may be an inkling that life is getting a little mundane, consisting of boring routines, lack of stimulation and predictability.

According to research by the World Alzheimer’s Reports, 44 million people are now thought to be living with dementia with sufferers predicted to reach 76 million in 2030 and a staggering 135 million by 2050.

Are you thinking it’s time to make a change to your everyday living? Is it just possible, (and recommended!), that a change to an “active” lifestyle in retirement will stimulate the grey matter and give you that new lease of life you have been searching for!

Danny Silver, Managing Founder of The Villages Group Rainbow, Europe’s first active retirement village for the LGBT community nestled in the heart of south west France comments,

“In the next decade we can expect dramatic changes in the world around us as baby boomers emerge as seniors and active living and maintaining a healthy lifestyle will be top of their wish list. In fact these 21st century seniors are already creating their own ‘age’ between retirement and dotage, the era of adventure before dementia!”

Danny and his team at The Villages Group Rainbow have fully embraced the “adventure before dementia” ethos by creating active living Villages in France for the over 50’s that provide services and amenities to encourage an active, happy and healthy lifestyle focussed around a strong community of like-minded individuals.

Indeed, The Villages Group Rainbow, now under construction, will provide a lifestyle that will be highly attractive to active 50+ LGBT individuals who want to live their lives to the full in one of the top ten expat countries in the world, one that is home to the world´s largest single wine-producing region, over 300 days of sunshine per annum and a coastline that stretches all the way from the Camargue down to the Spanish border, the southern Languedoc-Roussillon region has got plenty going for it.

For more information on how you can embrace ‘adventure before dementia’ with a home at The Villages Rainbow contact Danny today on + 33 1 4007 8625, email info@thevillagesgroup.com or visit

Retirement living the hot topic at this year’s Leisure Real Estate Summit

Retirement living the hot topic at this year’s Leisure Real Estate Summit

France

With 19% of the UK’s population set to be pensioners by 2021, it is no wonder that retirement living and the provision of accommodation for older generations is

the hot topic at this year’s Leisure Real Estate Summit.

After its highly successful inaugural event last year, the 2014 Leisure Real Estate Summit will return to London on Thursday 27th February with sessions split between two separate areas covering leisure real estate and a vacation rental 101.

One session in particular, “Silver dollars and property for passport – the retirement market and residency” is already proving especially popular.

Moderated by Chris Nye, Editor of OPP Magazine, this brand new panel session held at 14.45 at The Montcalm Hotel, Marble Arch, will examine how property is aimed at these rapidly growing demographic groups and evolving to keep up with demand and lifestyle trends.

Sharing his insight into Active Retirement Living, Gil Summers, Founder of ´Summers Villages´, dedicated short & long stay resorts for the over 50s, will be joining the panel.

Piers Brown, Founder and Organiser of the Leisure Real Estate Summit, comments,

“Much of Europe’s wealth is currently in the hands of the older generation and there is a real shortage of quality leisure resort developments catering to this growing demographic. We´re delighted to welcome Gil as a true innovator within the sector to the conference.”

Joining Gil on the panel will also be Danny Silver, Managing Founder of The Villages Group who will share his experience of creating active living retirement resorts in France and the first to welcome the LGBT community.

Designed to provide hotel and other leisure real estate asset owners, asset managers and investors from all over the world with new and complementary strategies to create real value, identifying routes to investment in order to release the potential of UK and international assets, the Leisure Real Estate Summit is the must-attend event for 2014.

Delegate passes can be obtained in advance here:http://www.leisurerealestatesummit.com/delegates/buy-tickets/ and a full seminar agenda viewed here:http://www.leisurerealestatesummit.com/agenda/.

For more information including Press Passes contact Piers Brown on +44 20 8340 7989 or visithttp://www.leisurerealestatesummit.com .

Investors pursue senior housing as The Villages Group – Rainbow offer alternative to lack of supply

Investors pursue senior housing as The Villages Group – Rainbow offer alternative to lack of supply

France
The UK’s senior population is forecast to rise by 9.6 million in 25 years according to the Office of National Statistics with demand for age specific accommodation, in particular for the mature LGBT community, swamping what little stock is currently being offered.
With this imbalance in mind, developers and investors alike are beginning to prick up their ears, not just in the UK but across Europe, as The Villages Group – Rainbow was given the green light to build Europe’s first active gay retirement village in France this August, opening the floodgates for eager retirees looking for housing to suit their needs.
Indeed, results from a fourth-quarter survey conducted by National Real Estate Investor and Senior Housing Global Advisors Inc. show that industry players expect developers to add more retirement accommodation projects to the pipeline in 2014.
Danny Silver, Founding Director of , Europe’s first active retirement village for the LGBT community nestled in the heart of south west France comments,
“The British over 50’s LGBT market provides a great opportunity for growth and it is important that their demands for housing are recognised. With people now living longer and healthier lives most entering their ‘third age’ can expect to live well into their late 80s which means that considerable strain will be placed on the UK housing stock.”
With more and more retirees looking to jump ship and look overseas for a retirement property, France remains a popular destination affording a wonderfully warm climate, relaxed lifestyle, stunning natural beauty and easy access to the UK. According to the Rightmove Overseas Consumer Survey 2013, retirees continue to dominate the market with France ranked as the number one country to purchase a second home.
Silver continues,
“With these compelling reasons in mind, we chose France as the location for The Villages Group – Rainbow active living resorts. Providing a lifestyle that will best reflect the interests of its residents, the 50+ LBGT village community will allow residents to live their lives to the full in one of the top ten expat countries in the world (HSBC’S Expat Explorer 2013).”
The Villages Group – Rainbow in France offers a range of amenities and services suitable for those in their active ‘third age’. There will be plenty of engaging on-site entertainment choices for a fulfilling active social life as well as numerous options for physical fitness and well-being including tennis courts, indoor swimming pool, gymnasium and saunas.
These one level, eco-friendly village properties are proving to be a great success offering a fresh alternative and unique lifestyle choice for the active over 50´s LGBT community seeking the perfect property abroad from just €236,000. Construction starts in January?
For more information please contact The Villages Group – Rainbow on + 33 1 4007 8625, email info@thevillagesgroup.com or visit .
“I’m a pensioner, get me out of here!” Half of over 50’s considering leaving the UK

“I’m a pensioner, get me out of here!” Half of over 50’s considering leaving the UK

France

Today’s pensioners may not have to endure daily Bush Tucker trials to top up their shopping baskets but for almost 70% of people surveyed by the deVere Group, cost of living is the primary concern about retiring in the UK.

  • Cost of living is primary concern about retiring in the UK for over 50’s (deVere Group)
  • 49.5% have ‘seriously considered’, ‘are thinking about’, or ‘would be tempted’ to live overseas during retirement
  • 65% of overseas second home buyers are aged 45-64 (Rightmove Overseas)

According the results of a recent survey of 1,231 over 50’s questioned by the international financial consultancy, cost of living is the primary motivation for quitting Britain with almost half (49.5%) stating that they have ‘seriously considered’, ‘are thinking about’, or ‘would be tempted’ to live overseas during retirement.

Other reasons cited for relocating to foreign shores included the standard of care for the elderly, quality of life and, not unexpectedly, the weather.

Gil Summers, Co-Founder of Sun Park Living, a private gated community resort exclusively for those who are retired and active, located on the Canary Island of Lanzarote, comments,

“The rising cost of living in the UK is a major driver for many of our guests to come and stay at Sun Park Living. It can be considerably cheaper for retirees to stay long term, for up to 6 months or beyond, here in Lanzarote than at home in the UK as all fuel and energy costs are included which for many pensioners is becoming an ever increasing worry.”

In terms of locations, Spain was named the top choice for relocating retirees with 27.9% of those surveyed by the deVere Group stating the south European destination, well-known for its year round mild climate, lower cost of living and positive attitude towards the elderly.

Indeed it would seem that staying close to the UK in retirement is important with France and Italy named second and third destinations of choice according to 12.6% and 7.9% of respondents respectively.

Danny Silver, Founder of The Villages Group – Rainbow, an active retirement community in south-west France aimed at the Lesbian-Gay-Bisexual-Transgender (LGBT) community, comments,

“As a man in my 60’s, originally from London but resident in France for nearly 20 years now, whose golden years are approaching, I would never even consider moving back to the UK. The quality of life here in France is far superior is almost every way to the UK; the weather, the culture, the gastronomy, the cost of living, it all outweighs life across the Channel.

“I am a member of the fabled ‘baby boomer’ generation who are finding it increasingly difficult to maintain a high standard of living in the UK with austerity measures pinching pensioners even in spite of government promises. That is exactly the reason why we created The Villages Group – Rainbow, a community of like-minded retired but active individuals looking for a better quality of life in France.”

Fresh data from the Rightmove Overseas (September) 2013 Consumer Survey confirms this trend with almost two-thirds, 65%, of those looking to buy a second home overseas aged between 45 and 64 years. Once again Spain and France topped the charts in terms of second home and immigration destinations with more than half (51%) looking to buy a property in the countryside.

On the market:
One level, eco-friendly homes at The Villages Group – Rainbow, situated in the charming Languedoc-Roussillon region of France, are available for just €236,000. Already 20% sold, interest in the gated community complete with tennis courts, indoor swimming pool, gymnasium, saunas and quality entertainment programmes is high with buyers from all over the world.

For more information please contact The Villages Group – Rainbow on + 33 1 4007 8625, email info@thevillagesgroup.com or visit www.thevillagesgroup.com/rainbow.

Self-catering apartment accommodation with all the benefits of community living with like-minded ‘Sun Rockers’ at Sun Park Living costs €625/4 weeks for those enjoying 12 or more weeks a year (in 3 or more blocks of 4weeks each, consecutive or not) or for those wishing to sample the community, a 4 Weeks Taster Stay is available for €225/week. One week Taster Visit is 350EUR/week. For more information contact Gil and the team on 0161 408 3360 or visit www.sunparkliving.com.