Spain crowned No. 1 for Brits hoping to buy property abroad, says HiFX

LAST UPDATED: 15 Apr, 2016 @ 10:32

benahavis property2SUNNY Spain is very much the firm favourite for British looking to buy a place in the sun, according to leading currency experts HiFX.

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%.

Mark Bodega, director of HiFX, said: “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.”

Country Percentage of enquiries (July 2015) |  Percentage of enquiries (March 2015)

1 Spain 37% | 35%
2 France 34% | 35%
3 USA 8% | 7%
4 Portugal 5% | 5%
5 Switzerland 4% | 7%

For more information on HiFX click here


The Olive Press are not responsible and do not moderate individual comments before they are posted. Anyone who uses racist, sexist, homophobic or xenophobic language or hate speech will be blocked.