Spain favourite for Brits looking to buy property abroad
Sunny Spain is the firm favourite for British choosing to buy a place in the sun, based on research by currency experts.
The bi-annual Property Hotspots Report, which analyses a decade of property data, reveals that Spain attracts more buyers than France, USA or Portugal.
Over a third (37%) of Britons searching abroad, made enquiries in Spain, with France now only accounting for 34%.
So Spain’s housing market is recovering, amid gradually improving economic conditions.
The market dipped in 2014 when house prices dropped 3%, but increased investment from foreign buyers in resorts and cities, such as Barcelona and Madrid, has pushed prices back up.