SUBSCRIBE TO OUR NEWS EMAILS
Thursday, 19 May, 2022
No Result
View All Result
BestAdvice
  • News
  • Features
  • Blogs
  • Podcast
  • Research & Reports
  • Video
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI
BestAdvice
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI
No Result
View All Result
BestAdvice
No Result
View All Result

Spain retains its top spot

by Kevin Rose
20 January 2016
Spanish property “as cheap as it gets”
Share on FacebookShare on TwitterShare on LinkedIn

Overseas mortgage specialist Conti has revealed that Spain remains the top choice for Brits buying property abroad.

It accounted for 46% of enquiries received by the company during 2015, despite France stealing a march on its lead during the second half of the year.

The property market in Spain fell apart at the height of the financial crisis, sending property prices spiralling. However, it is finally starting to pick up, with Knight Frank reporting a rise of 1.2% in Spanish property prices from the third quarter of 2014 to the third quarter of 2015. And this is leading to renewed optimism among potential buyers.

The gap is narrowing, however, with France showing a strong performance in the fourth quarter of the year, when it accounted for 44% of enquires compared with Spain’s 42%. Over the course of 2015, however it took a 34% share.

RelatedPosts

FTB house prices rising faster than rest of market

Towergate Health & Protection grows group risk team

25% rise in new home registrations during Q1

Keeping its third place in the hot spots list is Portugal, achieving a 15% share of enquiries during 2015, up from 11% in 2014. Property prices are on the up again at last, but are still generally below pre-recession levels, so investors, feeling more confident about the future and buoyed by the growing strength of sterling, are coming back to the market.

Clare Nessling, director at Conti, said: “It’s great to see the old favourites topping the list of overseas property hotspots. It wasn’t so long ago that the Spanish market was shrouded in doom and gloom, but the market has turned the corner at last and excellent buying conditions are luring investors back. We’re also seeing buyer’s markets in France and Portugal, and there’s been a general lift in confidence among buyers who are returning to these traditional markets in their droves.

“Bargain prices and historically low mortgage rates are making it more affordable than ever to snap up a property in all three countries, but the biggest boost to buyers’ budgets has been the growing strength of the pound, providing them with more buying power and more pounds in the pot. Long may it continue.”

Previous Post

Scheme aims to strengthen renters’ credit histories

Next Post

New BTL app for Android released

Related Posts

Rise in use of ‘bank of mum and dad’
property prices

FTB house prices rising faster than rest of market

18 May 2022
The Swansea BS joins PMS and Sesame panels
appointments

Towergate Health & Protection grows group risk team

18 May 2022
BuildLoan partners with Furness for new self/custom build deals
new build market

25% rise in new home registrations during Q1

18 May 2022
Evolution Money unveils new digital journey
time savings

Evolution Money unveils new digital journey

18 May 2022
Pepper cuts non-conforming residential rates
latest data

ONS: house prices rise by 9.8%

18 May 2022
Kent Reliance for Intermediaries launches new flexible residential range
complex income streams

Kent Reliance for Intermediaries launches new flexible residential range

18 May 2022
Next Post
Halifax launches mobile AIP tool

New BTL app for Android released

Precise unveils BTL second charge range

Precise unveils limited company BTL deal

Secured loans proving popular for debt consolidation

Bridging finance "still popular beyond buy-to-let"

READ OUR FREE REPORT

LATEST OPINIONS & BLOGS

Q&A: Paul Adams, sales director at Pepper Money

The hidden stumbling blocks that could kill your case

16 May 2022
The way forward

The equity release benefits of multi-disciplinary support

15 May 2022
Vanilla – or is it?

Vanilla – or is it?

8 May 2022

Committed to the broker market

8 May 2022
ESG: how do we conduct ourselves?

ESG: how do we conduct ourselves?

8 May 2022

RECEIVE BESTADVICE BRIEFINGS

  • Subscribe
  • Advertise
  • Backlinks
  • About us
  • Contact us
  • Privacy policy
  • Terms & Conditions
SUBSCRIBE TO OUR ALERTS!

© 2022 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

X
No Result
View All Result
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2022 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.