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Spain 'will continue' to be popular with Brits

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Spain 'will continue' to be popular with Brits

Demand for property in Spain could be set to rise, with one expert suggesting that the country is unlikely to lose its spot as the number one destination for British buyers.

Robin Wilson, head of overseas at Rightmove, has revealed that the company saw an annual increase of eight per cent in terms of searches for real estate in the country last year.

Mr Wilson forecast that Spain will continue its dominance and remain the most popular overseas property location for Brits in 2011.

"I don't see any signs of Spain losing its number one slot for Brits looking to buy abroad," he confirmed.

"Whilst there are opportunities or pain - depending if you are a buyer or vendor - in those areas of Spain with oversupply, we're still seeing healthy traffic and interest for quality properties, particularly in more authentic areas; smaller towns, inland locations and less resort style apartments."

According to Spain's National Statistics Institute, the number of property transactions in the country dipped by 0.4 per cent last year compared to 2009.

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