France and Spain 'to keep getting more popular'

Article Date : 25 December 2009

France and Spain will see further rises in popularity among overseas investors next year, it has been predicted.

Head of research at overseas investment firm Property Frontiers Christopher Chadd remarked: "No matter what is happening in global property markets, nothing speaks to the British investor's heart as much as owning that second home in the sun."

It is the "accessibility" of France and Spain that will help these countries to grow in popularity, he predicted.

Mr Chadd added that when it comes to investing overseas, changes in exchange rates are having a significant impact on the decisions being made by those looking at purchasing abroad.

This was leading to many investors seeking advice from the company on currency trends, he noted.

The expert's comments follow recent news from investor portal Primelocation.com, showing that Spain is now the number one destination for online searches.

It pushed France into second place after its Gallic neighbour had been top of the list for the previous 12 months.

France and Spain 'to keep getting more popular'

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