Spain Property Investment News

Spain still a favourite with investors

Spain still a favourite with investors

Spain remains one of the most popular destinations for overseas investors, according to a new study.

Moneycorp, a foreign currency specialist, has published details of its biannual study, which ranks the number of property investment enquiries using its service.

The firm, which executes transactions to enable people to invest in property overseas, says Spain is currently topping the list with 30 per cent of all enquiries originating from the market.

Writing in its Foreign Focus Index, the authors concluded: "Spain is still one of the top countries for people buying overseas property.

"The market is tried and tested, has a solid history of providing good investment and rental returns and has been a magnet for UK buyers for years."

France was second on the list, but both the US and Bulgaria were also popular locations, accounting for 12 per cent each.

The study showed Bulgaria was particularly popular with buyers from the north, West Midlands and Wales.

Other up-and-coming countries to make the list included Portugal, Cyprus and Italy.

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