Overseas Property Investment News

10 Reasons Why British Lust For Spanish Property

It is an undisputed fact that Spain is the number one place for the British to buy property abroad. It remains at the top of the wish list for the British seeking a place in the sun for relocation, retirement investment and a second home overseas.

A recent survey conducted by overseas mortgage company Conti Financial Services, shows that France is closing the gap with Spain and new markets such as Dubai and Cape Verde Islands are quickly moving up.

The global slow down has seen a new type of buyer for Spanish property buyer the ‘bargain hunter’ they are heading straight to the real estate agents that hold repossessed bank owned property in Spain. Lifestyle buyers are picking up great bargains and those seeking a holday home in Spain it seems that its a true buyers market.

So why does Spain fill the British with desire and lust for a property in Spain? reasons for this include

1.) Easy access to Spain via numerous airports and low cost airlines
2.) An established market where other Brits have made it their home
3.) The British love Spain as a holiday location
4.) Low priced property compared to the UK
5.) Great weather
6.) Not too far from UK
7.) Lower cost of living
8.) Spain offers a variety of areas to live appealing to a wide selection of people
9.) Many people speak English
10.) Good health care facilities

Useful Resources
Properties in Spain
Investment property Spain

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