Spain is still one of the most popular overseas property markets among Britons, a new poll has found.
14 per cent of those who were thinking of buying a second home abroad had considered the Spanish market.
Meanwhile, more than a quarter of those who already had a second property abroad were found to own a home in Spain.
Most of these were bought for investment purposes, although the study showed that some were using it as part of their retirement plan.
The accessibility of Spain from the UK was one of its major attributes, along with its stable economy.
Most buyers have a simple desire to enjoy spending time in holiday homes & flats in a country that offers an excellent climate and attractive lifestyle.
According to research by Yorkshire Bank, the Costa Blanca and the Costa del Sol are the two most popular parts of Spain with British buyers.
Cheers! INVEST, INVEST, INVEST!!!
September 2, 2008 at 9:26 am
Was a stable ecomony!
But yes, the Costa Blanca and the Costa del Sol have been a haven for property investors, holiday home buyers and people seeking a different and better way of life for many years now.
Even though people and so called “experts” have been putting down the real estate industry in Spain for the past couple of years – people continue to flock to Spain every year to buy a property in the sun, only they can tell you why!
The market throughout the world is not exactly great at the moment, however those that are fortunate to have some captial behind them are in a great position to take advantage of the down turn that not only Spain is experiencing at the moment.
Spain will always be a firm favourite for Brits to buy abroad.