Holidaymakers can save money and still go to countries like France by staying in a French property on a self-catering basis, it has been stated.

A spokesman for the Association of Independent Tour Operators said that it is possible to still have affordable holidays in the country, despite the high exchange rate between the pound and the euro.

He stated: "You can offset your cost so if you want to go to France or Spain, you can book a villa and buy your own produce, that’s a big attraction too."

Such comments may interest those thinking of buying French property for holiday rental purposes.

One option investors may consider is buying and renting out property located on wine-making estates, the Daily Mail suggested last week.

Karl O’ Hanlon, a spokesman for one residential project in which residents get to participate in the winemaking process, told the paper that rental yields of between four and 4.5 per cent can be achieved in "high season".

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