Lets Get Travelling

France and Spain are still streets ahead of their rivals for UK-based property investors according to Louise Hall, business director at Primelocation.com, with over half of all UK investors buying overseas property in these top two destinations.

She says that investors look for a combination of factors, including good weather, good transport links, easy lifestyle and familiarity as well as ‘rentability’ to ensure a steady income stream, which is why France and Spain have been in positions one and two for so long.

“Portugal, Italy and Florida are the next in line but there is a big gap in property search volumes between the number two and number three positions, which has been consistent for a number of years”, she concludes.

Research by the Department of Communities and Local Government for the financial year 2005-06 found that 34% of holiday homes owned by Britons were in Spain and 23% in France.