Brit people wants to invest in Spain

Spain has been named the most popular country among aspiring investors in overseas property.

A quarter of those who wanted to purchase abroad wanted to invest in the Spanish market, ideally in a location close to the sea.

A beachside property or a view of the sea was cited as an important factor by 45 per cent of aspiring investors, although some others expressed a preference for living in a town.

More than a third of respondents also said they wanted to live in a small villa, while one in five said an apartment would be their ideal property.

In addition, 17 per cent stated that a large villa was their favoured option, ahead of eight per cent who said they wanted to live in a townhouse or flats.

Homeowners want from a property abroad, giving estate agents a clearer picture of what consumers are looking for.

He added that demand for overseas property had grown steadily over the past six months and that it was likely to keep on growing

The average property price in Spain is now about £250,200.

So, what do you think? Should I invest or not?

Cheerio!!!

27.7.08 23:13



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