Spain top for overseas property investments

By MoneyhighStreet Staff. Published on October 3, 2008 This post currently has no comments.

Plaza de Espanya - Seville
Spain remains the number one location for Britons looking to make property investments overseas, new figures have revealed.

The Spanish property market was the subject of 15 per cent of all enquiries from UK investors received by Conti Financial Services last year.

In second place was France, with 14 per cent, followed by Turkey and the USA at 11 per cent and nine per cent respectively.

Meanwhile, Bulgaria, Cyprus, Dubai, Portugal, Italy and Germany rounded off the top-ten.

Simon Conn, sales and marketing director at Conti Financial Services, said that the appeal of Spain and France can be principally attributed to a combination of "affordable prices, low interest rates, easy access and great weather".

The growing market share commanded by Dubai, however, is due principally to reforms to its property ownership laws, Mr Conn added.