Property in Spain & France still the most popularThe latest report from a leading overseas property portal has found that property in Spain and France remains the most popular with British buyers. The top two most searched for destinations are the popular European countries, with US property in third place.
We examine the most recent report here and a leading Spanish property expert tells us why he believes Spain remains the most popular choice with Brits.
Spanish property remains the most popular with British buyers
The report found that the most searched destinations for British people looking at property to buy overseas remain Spain, France and the United States. However, as it is a quiet time of year, fewer searches overall took place. Almost two in five nations saw a decrease in the number of online searches for its property.
The next most popular destinations for Brits searching for overseas property were Portugal, Italy and Australia.
“As the colder weather draws in across the UK, users have been looking at beating the winter blues by browsing some of the tens of thousands of properties for sale across the globe. In November we saw an increase in searches for properties in long haul destinations, such as India, Australia and Canada,’ said Shameem Golamy from the website that conducted the research.
“I’m not surprised that Spanish property remains the most popular with British buyers,” says Nick Marr, director of overseas property specialist Homes Go Fast. “Prices in the country have fallen sharply and this, coupled with the pound regaining some strength against the euro, has led to a fall in the cost of Spanish property.
“Many Spanish owners are turning to our website to sell property online as they know there is an appetite from British buyers looking for an overseas property bargain.”