I’m nearly 58 and planning to “retire” to Brittany in 2 or 3 years’ time.
I will probably have sufficient savings to buy a property to meet my needs in the area I’m looking at and a reasonable pension - just around the tax threshold - more than it costs me to live in the UK, though thanks to needing to run a car and paying health insurance, my budget will be a bit tight for the 5 or 6 years until I qualify for the state pension.
I’m expecting to be aiming for some sort of naturalisation and buying into the French health system ASAP.
My terraced house in Bristol has increased in value hugely since I bought it 34 years ago, and initially it looks very tempting to put in the extra effort to make it rentable - through an agency - though I would really prefer to cut all my ties to the UK and invest in my chosen country of residence.
Option 2 would be to sell up and invest in a bigger / second property with holiday let potential.
Option 3 would be to invest in a second property nearby and do student lets.
Option 4 would be to invest in a second property further inland and provide rented accommodation at an affordable rent.
France being France, I assume there might be tax incentives available ?
The final option would be to let my savings rot in the bank and run it down over my remaining “golden years” (cringe).
I have no experience of marketing property or playing host to strangers - though I would hope I could learn.