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Brits buying abroad sometimes miss best investment

British buyers of foreign property are not being careful enough about where to invest, a report from Foreign Currency Direct has revealed.

Popular holiday destinations such as Spain and France continue to be a hit with buyers, instead of more adventurous and possibly more profitable options.

"There are so many more lucrative investment opportunities that could be made if the British public invested in properties in lesser unknown and up-and-coming destinations rather than in the traditional Spain and France," said Peter Ellis, chief executive of Foreign Currency Direct.

Foreign Currency Direct has therefore released of five property hotspots they think are going to see good returns in the future.

Amongst the destinations included are Cape Verde, a set of islands near Senegal, Hungary, Morrocco, Poland and Montenegro, having recovered from the civil war to offer stunning landscapes and great prices.

Eastern Europe in general is an increasingly attractive option for buyers looking to make a profit, as countries recover from their recent past and some of them gain entry into the EU.

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