SPAIN has ousted France as Britons’ favourite destination for buying property overseas.
According to the Overseas Guides Company (OGC), Spain’s low house prices have meant the country has become even more attractive to foreign buyers in recent months.
The OGC said one in five enquiries for the second quarter of 2012 came for the country of paella and flamenco – with a 37% increase in interest compared to the first quarter.
France meanwhile dropped into second place, with the USA, Portugal and Italy following behind.
Exclusive Videos from Olive Press TV
News round-up Episode 1
03:47
Olive Press TV granted exclusive interview with British-born Benidorm Palace owner Christine Climent
07:19
Snails, filter coffee and Madonna's fave furniture in Spain's coolest neighbourhood
04:10
The Olive Press reporting live from Ontinyent for BBC One this morning.
03:43
WATCH: Gibraltar National Day celebrates the territory's remain vote from 51 years ago
01:41
Purchase in a country with a proper legal system. It will save you years of worry…
Enquiries do not mean sales – the b/s never ends does it.