A new property development in the south west of France is set to become Europe’s first lesbian, gay, bisexual, transgender (LGBT) retirement village and the news has already been causing headlines. But is this an attractive investment opportunity for British “gay and grey” retirees?
Set up by The Villages Group, a British company based in Paris, the site will have 107 eco-friendly villas in a seven-hectare gated community, located on the banks of the Canal du Midi – a Unesco World Heritage site in Salleres-d’Aude.
Danny Silver, the firm’s founder, says he has unwittingly tapped into a lucrative market. Originally the project was pushed solely as an active-living village for over-50s, with on-site amenities including tennis courts, pools, a gymnasium, saunas, and entertainment and cultural programmes.
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