Overseas property agents looking to revival of market

July 28, 2015

Maybe better times can be expected by agents dealing in overseas property especially in Europe where the Euro has depreciated  enormously over the last couple of years, that combined with much lower prices than those reached at the height of the boom years makes property prices extremely attractive.

Spain still appears to be the leading country of choice for Brits looking to buy abroad, closely follwed by France and then Portugal. Prices in some of the most desirable areas of Spain have fallen by up to 50% since 2007, according to an online report from the research department of La Caixa, one of Spain’s biggest banks stated, “there will be no more big falls in house prices over the coming months and Spanish property is as cheap as it gets”.

France offers an amazing lifestyle for those looking for peace and quiet in their retirement, rural property prices are at all time lows, Christiane agent commercial with Devin Immobilier in Burgundy says, “enquiries from Brits have increased this year in comparison to last year and we have seen more  coming into our agency in the last couple of months, our own domestic market is still slow which gives overseas buyers an edge when trying to negotiate further, now is definately a good time to buy.

The biggest negative at the moment for anyone looking at Europe as a destination to buy is the terrible situation at Dover with various disruptions taking place to those travelling by car and using the tunnel or ferry, both governments either side of the channel need to get a better grip on the situation and Europe needs to play its part by way of their parliament in helping to resolve issues surrounding the immigrant problem at Calais.

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

The Plumbing and Electrical Problems That Quietly Kill Sales and Lettings

We’ve all had one of these. The offer’s agreed. Everyone’s happy. The memorandum of sale has gone out, and you’re already mentally banking the fee. Then the buyer’s survey comes back. “Electrics appear dated. Recommend inspection by a qualified electrician.” And just like that, the mood changes. The buyer starts asking about a reduction. The…
Read More →
Breaking News

Rental price and average salary tracker – October 2026

Rental prices rise across most regions as affordability pressures persist Average monthly rents increased in eight of the 11 regions between September and October, with Wales recording the largest rise at 31.1%, followed by the North East at 29.8% and the South West at 7.5%. Scotland, London and the North West were the only regions…
Read More →
Letting Agent Talk

Portfolio landlords have outgrown traditional property management

By Adam Hills, Client Services Director, LRG Living Markets The residential lettings industry still manages many large portfolios as though they’re simply collections of individual tenancies. While that works on small portfolios, but it doesn’t work when landlords own 50, 100 or 200 properties. At that point, the challenge is no longer property management alone…
Read More →
Breaking News

Real-life value of the most famous Christmas film homes

The real-life value of the most famous Christmas film homes, from budget classics to multimillion-pound mansions New research has gathered and analysed the estimated valuations of real homes featured in popular Christmas films, ranking them by cost. The priciest homes are featured in The Holiday, Trading Places, and Home Alone, with Amanda’s home from The…
Read More →
Estate Agent Talk

77% of buyers refuse to buy a flood risk property

Despite 4.7 million English homes facing flood risk New research from Lyons Bowe has revealed that 77% of homebuyers would not consider purchasing a property in a flood risk area, despite more than 4.7 million homes across England currently being deemed at risk of flooding. The findings come as the Government launches a new flood taskforce amid…
Read More →
Letting Agent Talk

Poor Communication becomes Expensive at Scale

The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More →