THE French are hopping over to Spain, as President Hollande’s austerity measures weaken their domestic property market.
French buyers accounted for 18.2% of overseas enquiries for Spanish properties between January and June of this year.
Brits still lead, snatching up 54.4% of the country’s market, with Germany struggling to keep up with France, with around 7.5% of enquiries.
Martin Dell, director of property website Kyero, said: “The French economy is one of the strongest in Europe at the moment, providing French citizens with great buying power.
“With the French property market looking pretty flat, many are casting their eyes further south in search of holiday home bargains that can satisfy both investment and lifestyle requirements.”
The Dutch were also checking in with 5% of enquiries, followed by the Swedes with 2% and Norwegians with 1%.
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