Spain popular among Brits

A recent survey has found that Spain remains one of the most popular destinations for investment for British property buyers.

Conducted by the Worldwide Property Group, the study found that nearly three quarters of people currently believe it is a good time to purchase a foreign property.

Indeed, this has led one real estate consultancy to claim that no other nationality has the same "enthusiasm" for buying overseas as the British.

According to the Digital Property Group, Spain is one destination that consistently attracts interest from investors, retirees and holiday home owners.

"The enthusiasm for buying property overseas is 50 years old. Only the British do this in this very enthusiastic way," Nigel Lewis, head of content at the company, said.

Property investors may want to take advantage of current low house prices in Spain, or keep an eye out for any distressed properties coming to the market which are often available at reduced prices.

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