Overseas property: Best places to buy abroad - Telegraph
If you thought the overseas property market was dying, think again. The biggest-ever survey of overseas holiday homeowners has revealed that despite price falls ranging from 10 per cent in France to 50 per cent in Spain, the number of Britons buying abroad has actually increased during the downturn.
In 2006, some 385,000 Britons owned holiday homes overseas, but that figure rose to a record high of 430,000 in 2010, according to research by Savills and lettings website www.homeaway.co.uk.
“It’s even more surprising because some previous owners will have sold in the interim. The net increase means there has been a sizeable number of Britons buying abroad since 2006,” says Savills’ Rebecca Gill, the author of the report.
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