Statistics confirm Spain’s enduring appeal to Brits

21st August 2007
In spite of recent reports in the media concerning the long-term prospects of the market, Spanish property remains the number one choice for Britons buying overseas, a new report has confirmed.

According to the latest figures released by Propertyline, 43 per cent of all enquiries it received from potential investors were for Spain.

In comparison, 13 per cent of people wanted information on buying in France and just 11 per cent asked about Italian property.

Rob Haynes of Propertylink said: "The newspapers all like to hype up bad news, but it seems we are not being put off owning a dream home in the sun."

The firm added that television property programmes have helped to promote Spain as an attractive investment choice and place to retire to.

Just last month, a study by the Bank of Scotland found that almost half of all 45 to 54-year-olds have considered buying a property overseas, either for investment purposes or in order to retire to the sun.


© 7BestInvest Ltd 2007.