Brits ’still dream of Spanish homes’

March 27th, 2008
Category: Costa del Sol, Valencia


Spain is still a dream destination for many British people looking to purchase overseas property, it has been claimed.

According to southern Spanish newspaper Sur, many UK buyers are undeterred by recent negative publicity surrounding foreign property investment and view Spain as one of the most desirable places in the world to own a home.

Sur made these comments after attending the recent Homebuyers and Property Investors Exhibition at the ExCel centre in London, where many Britons spoke to the newspaper about their hopes of moving to Spain or buying a second home on the southern Costas.

Rebekah Lowe of Livingstone Estates told Sur that although some professional investors may be tempted by emerging markets where prices are lower, people looking to buy a property for their own use will continue to be attracted to Spain.

“Spain is for living in and people will always want Spanish properties,” she commented.

According to a recent report from Spanish property website Kyero.com, coastal regions such as the Costa Blanca and Costa del Sol remain “at the fore of the public psyche” for UK people hoping to move abroad.
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4 Responses to “Brits ’still dream of Spanish homes’”

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  4. Justin Says:

    We have seen that many British buyers have become aprehensive about buying in Spain, manily due to the confusion as to what constitutes a legal property, especially after the recent demolition in Vera.

    However, we have also found that the British are still buying in Spain although they are just taking their time and not rushing into things as they used to do.

    There will always be a demand for property from the British as Spain is still the dream destination for so many.

    Justin
    www.eyeonspain.com

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