Brits aiming to buy property abroad are more likely to set their sights on Spain rather than traditional favourite France. The top reasons for moving overseas are for better weather and a less stressful way of life, the survey of 3,000 people by Rightmove Overseas found.
Spain topped the poll of places new buyers want a holiday home despite the problems suffered by UK owners of Spanish property in the financial crisis.
According to the Rightmove report, 51 per cent of those looking to make a purchase in the future will be buying a holiday home but will stay resident in Britain, while just over one third plan to emigrate for good, with 13 per cent buying as an investment.
The 55-64 age group are the most likely to buy abroad and 60 per cent of those who want to buy say they will do so in the next two years.
Even though Spain is set to become Brits choice of country to buy a property abroad for holidays or investments, France is still the most popular place to emigrate to.
Rightmove Overseas says that page views for its website were up 20 per cent last year with peaks in the summer months, when people used time off to visit potential properties of interest.
It adds that it has also seen a spike at the beginning of the year as people start to think about making big lifestyle changes.
Shameem Golamy, head of overseas at Rightmove, said: ‘Spain has always been a popular location for buyers and this report, coupled with it being the most popular search, shows it’s set to become even more popular.
‘As well as people looking for a place for their perfect holiday home, there are also those looking to buy as an investment due to the number of rental opportunities buying a property out there will bring.’
We can provide a assured returns on all of our managed investments.
Register your details and one of our agents will contact you shortly
To receive all the details please complete your details below and one of our investment advisers will send you all the information.
Alternatively please call us on +44 (0) 20 7733 9657 to discuss the opportunity with one of our UK investment consultants now. We look forward to speaking with you!