Spain still the most searched for destination for Brits buying property abroad

LAST UPDATED: 14 Jul, 2017 @ 16:16
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SPAIN is still the most searched for destination for Brits looking to buy abroad.

 

According to Rightmove, Spain is the most popular for Britons looking to relocate or buy a second home.

 

Average monthly internet searches total over 2,500,000, 74% more than its closest rival and second placed France.

 

Portugal came third on the list, followed by the US and Italy.

 

Alicante was the most searched region in Spain, increasing by 53% from last year.
At €126,054, it also has the lowest average enquiry price of the most popular sunny regions.

 

According to Rightmove, 62% of Alicante enquiries are for houses, while 38% are looking for flats or apartments.

 

With an average enquiry price of €397,813, property in Mallorca is most popular with high budget buyers, with 54% looking for flats and apartments and 46% looking for houses.

 

Despite properties in Mallorca being three times higher in price than those in Alicante, it still tops the list as the second most searched for property destination in Spain.

 

Malaga is in third position, with an average enquiry price of €191,830.

 

Chris Please, Head of Rightmove Overseas, said: “Just 2.5 hours away by plane, a great climate, upmarket living, picturesque surroundings… Mallorca is perfectly positioned as the ultimate destination for high budget UK buyers looking to purchase their own slice of paradise.”

 

Please added that Spain remains the most exciting investment for British buyers.

 

“Over 12 months, we received an average of 2.5 million searches a month for property in Spain, indicating just how in-demand this sunny country is for property-seekers.

 

“Whether it’s the large expat community, the sunny climate, the food or simply the easy transition into relaxed Spanish culture that has Britons enthralled, Spain’s proximity to the UK, cheap flights and short travel time has it consistently emerging as one of the most popular property destinations abroad.”

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