Assetz® News » HOME | RSS Feed FEED | LIST ALL ARTICLES | ASSETZ HOMEPAGE
Investment Property News from Assetz

Assetz® Property News Service

Eurozone attracting British buyers


8th November 2012 | back to article listings BACK    print this article PRINT

Interest from British buyers in overseas property in many European countries has increased thanks to the global economic crisis and favourable exchange rates, according to new research.

The Quarterly Index, just published by the Overseas Guides Company (OGC), found enquiries for properties in Spain have rocketed since the start of the year.

British interest in Spanish properties increased from 16% in Q1 to 22% in Q2, and ended the third quarter of the year at 24%.

But it's not just European countries, property outside the eurozone in countries such as the US, Australia, Canada and New Zealand also proved extremely popular with Brits.

The survey revealed that 79% of potential British buyers had not been put off of investing in their favourite overseas property location, with Richard Way, Editor of the OGC, citing favourable rates as a reason for this.

He said: "The euro was at a four-year low against sterling by the end of July this year and rates have continued to remain favourable for buyers, especially from the UK."

Copyright Press Association 2012


Assetz® is a UK Property Investment Specialist. Please visit our property sites shown below.

Assetz for Investors UK Assetz Finance

Accessing the news service

You can view all of the Assetz® UK Property Investment Articles and News here.

We also provide an RSS Feed Feed of the news service, or you can view all articles. Click here to view more information on RSS readers and how they make reading online news more convenient.

Cookies on our sites
The assetz.co.uk group of websites uses cookies, some of which may have been set already. Read about our cookie use. If you continue to use the site, we'll assume that you're happy to accept them. To dismiss this message please click the button.