thespanishbrick.co.uk
When decision taking comes, Spain will always be one of the favourite destinations for Britons who wants to emigrate or just want to invest in property. According to research from the property website Primelocation, the rate of Britons looking for a property abroad were 151 per cent higher in June 2010 than in June 2009. A total of 1,500 Britons were questioned in the research.
The favourite destination is Spain, informs The Daily Telegragh.
It is very interesting the fact that despite the economic climate in the country and the bad press that the Spanish property market has in the UK, investors still have Spain in the viewfinder.
One point to be cleared at this point: Bad press has been merely earned because “property cowboys” in Spain have ruined the market –I will explain in another post the definition and profile of “property cowboy”.
In the article of The Daily Telegraph, Ann Wright, International Development Manager of Primelocation International, said: “While the market in Spain has suffered from some bad publicity recently, there has been no significant drop in the number of people searching for property in the country on Primelocation International”.
“The fact remains that there are many reasons why the country remains attractive to British buyers. Spain’s main attractions are still the warm climate, great beaches and unique culture all just a short flight from the UK; these factors will still draw in international buyers whatever the economic situation.”
He added that “It is also worth remembering that, while most of the problems experienced in recent years have centred on the Costas, there is far more to the Spain than just the southern coast.”
In the ranking, after Spain came France, the U.S, Portugal and Italy.
A breakdown of the survey reveals that 33 per cent considered emigrate, 23.7 per cent were looking for an overseas holiday home and 12.4 per cent were searching for an investment property. 15.3 per cent were foreign buyers looking to purchase a UK property.