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

Breaking News

Breaking Property News 3/9/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The imminent interest rate hike is going to be a real reckoner for property   When interest rates rise again, Britain’s housing market will discover what it is really worth   Thought Leadership by Andrew Stanton CEO Proptech-PR For more than a decade, Britain’s housing…
Read More →
Breaking News

Tenancy deposit reform overlooks estimated £750m

As the Government considers reforms to England’s tenancy deposit system, The Letting Partnership is warning that one major question remains almost entirely absent from the debate: what happens to tenancy deposits that are never reclaimed? While current discussions have focused on how deposits should be protected in future, namely custodial vs insured schemes, far less attention…
Read More →
Breaking News

Application to offer in 24 hours with new Barclays Fast-Track Remortgage

Barclays launches first-of-its-kind Fast-Track Remortgage, which can provide eligible customers1 a mortgage offer within 24 hours, and completion in as little as five days Research finds those who have switched lenders are twice as likely to find the process difficult compared to those who stayed with their lender (20 per cent vs 10 per cent)…
Read More →
Estate Agent Talk

Mortgage overpayments in a confident market

Financial experts are encouraging homeowners and first-time buyers to take a fresh look at mortgage overpayments as confidence builds in the UK property market and interest rates begin to ease. With major lenders cutting rates, improved loan-to-value options for buyers, and growing optimism in the 2026 market, mortgage overpayments are emerging as a powerful and…
Read More →
Breaking News

House price growth remained subdued in August

UK annual house price growth remained broadly stable in August at 1.6% House prices were up 0.2% month on month Headlines Aug-26 Jul-26‡ Monthly Index* 550.1 549.1 Monthly Change* 0.2% -0.1% Annual Change 1.6% 1.4% Average Price (not seasonally adjusted) £275,465 £276,581 * Seasonally adjusted figure (note that monthly % changes are revised when seasonal…
Read More →
Letting Agent Talk

What Adds Three Weeks to Leasehold Conveyancing?

As government reforms target a four-week reduction in homebuying times, Konnect You analysis points to management packs, extra lease enquiries, third-party responses and title issues as recurring leasehold bottlenecks. The government is targeting a reduction of around four weeks in the homebuying process through reforms published in June 2026. Its roadmap proposes more property information upfront and recognises that leaseholders can face delays…
Read More →