Britons Continue to Buy Abroad Despite Crunch ; Jeremy Gates Reports That Spain Is Still the Ideal Location
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Summary
SPAIN and France remain the most popular choices for Britons buying holiday homes aboard, according to a new analysis, accounting for 34% and 23%respectively of the total 425,000 UK-owned second homes abroad.
The survey by estate agent Savills, in association with Holiday- Rentals.co.uk, predicts that during 2008 UK owners will spend a further pounds 5.2bn on holiday homes abroad, to make a total of pounds 58bn.See the full content of this document
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Britons Continue to Buy Abroad Despite Crunch ; Jeremy Gates Reports That Spain Is Still the Ideal Location
Property prices in Spain "turned negative" during 2007 - but Savills Research says buyers still like it as "the ideal holiday location".
Elsewhere, a lucky minori...See the full content of this document
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