Home News Property SURVEY SHOWS SPAIN IS STILL THE TOP CHOICE OF BRITS WANTING A SECOND HOME

SURVEY SHOWS SPAIN IS STILL THE TOP CHOICE OF BRITS WANTING A SECOND HOME

A recent survey commissioned by Savills International Research and HomeAway Holiday-Rentals has shown that Spain is still a top destination for Brits who want a second home abroad.

In a survey of 1,200 people, the companies found that Western European countries including Spain, Portugal, and France, remained more popular than their Southern rivals such as Greece, Cyprus, and Turkey. The United States and the Caribbean was also shown to be lagging behind in terms of demand.

The November 2009 exhibition, "A Place in the Sun", confirmed that more than 60% of Brits were in favour of purchasing Spanish property and felt that now was the right time to do so with prices at rock bottom and the recent strengthening of Sterling against the Euro. Top choices were for Costa Blanca property and Costa del Sol property.

When asked why buyers were pointing more towards Spanish property, they mentioned the climate, the friendly people, the lifestyle, the established property market, and the fact that they had enjoyed their family holdays there in the past.

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