The overseas property website Homesgofast.com reports that Spain is still one of the most popular places for the British to buy property abroad. A strong pound and falling prices
means that property in Spain remains popular with British buyers, despite the
countryââ¬â¢s economic woes.
Homegofast.com findings are also in line with a new new report from the Overseas Guide Company. They found
that 79 per cent of Brits had not been put off from buying an overseas property
by the problems in the Eurozone, and that Spain remains the most popular
destination with British buyers.
Spain remains the country of
choice for Brits looking for an overseas home, as we see next.
Increased interest in property in Spain
According to the recently
published Quarterly Index report from The Overseas Guide Company, Spain remains
the preferred choice amongst British buyers looking for overseas property. The
nation has grown in popularity taking 24 per cent of total enquiries in the
third quarter of 2012, up from 22 per cent in the second quarter and just 16
per cent in the three months to March 2012.
Richard Way, editor of The
Overseas Guides Company, said: “Let’s not forget, the euro was at a
four-year low against Sterling by the end of July this year – no doubt a
contributing factor to the especially busy August.
“Combine that with the
knock-down prices, which families would have seen first-hand during their
summer holiday in many destinations, and you can see where the interest has
come from.ââ¬Â
Marc Pritchard, sales and
marketing manager at Spanish house builder Taylor Wimpey España said:
“It’s great to see that Brits have not been deterred – it’s obvious that
the nation is still considered one of the best places to buy a second home.ââ¬Â
Nick Marr, director at Homes Go Fast, said: ââ¬ÅLower prices and the improved
exchange rate have conspired to make Spanish property much cheaper for overseas
buyers.
ââ¬ÅWhile it may be some time before
Spanish property prices start to recover, itââ¬â¢s no surprise that Brits are
looking to snap up low cost property in the country.ââ¬Â
Author : Homesgofast.com
About Homesgofast.com
Used by Spanish property owners, real estate agents and developers from Spain Homesgofast has a network of international websites that help put buyers and sellers together online.
