Spain 'still most popular'

Spain is still the most popular destination for overseas property seekers, new research has revealed.

Property portal Prime Location has said that 30 per cent of all searches in November were for Spain, with France in second place on 29 per cent and the US in third with 21 per cent.

The overall tally of searches was up for the fifth successive month and the largest monthly jump was for the US on 47 per cent.

Spain's rise to the top sees it overtaking France for the first time in a year and may be an indication that buyers are seeking to take advantage of low prices there while the country is still in a recession - unlike France.

Kyero.com blogger Martin Dell said this week that the Spanish market is not yet at the bottom, but remarked that there is still much worth buying, as some homes will always offer "long-term desirability and be sound investments".

Like this? Then share with your friends and colleagues!