Property buyers go to year-round destinations

June 26th, 2008
Category: Generic


Countries which attract holidaymakers all year round could be good places for overseas property investors to consider.

According to Holiday-Rentals, Spain is currently one of the most popular destinations among its clients.

This was said to be because the European country is consistently popular with tourists for 12 months of the year, which means it has strong rental potential.

Sarah Chambers, spokesperson for Holiday-Rentals, commented: “60 per cent of our clients own one or two foreign homes.

“They almost always rent them out for the whole year.”

Speaking to the Telegraph, she added that investors need to make clear that there are year-round attractions near their property when advertising it to potential tenants.

This comes after Holiday-Rentals revealed that 31 per cent of British-owned foreign properties in Europe are located in Spain.

The organisation said this is partially due to the number of cheap flights servicing areas such as the Costas.

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