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

Why the postcode can make a big difference to your rebuild costs

93% of UK properties are insured for the wrong amount, according to research by RebuildCostASSESSMENT.com. The regional breakdown behind this figure shows why location still matters when calculating rebuild values. National figures demonstrate the scale of the issue and regional data helps show where inaccurate sums insured are more common. “Two similar properties in different…
Read More →
Rightmove logo
Breaking News

New record rents as rental supply falls for first time since 2022

The average advertised rent of homes outside London has risen by 1.9% this quarter to a new record of £1,397 per calendar month, the first quarterly rent record since Q3 2025: The average advertised rents outside London is now 2.3% higher than a year ago, an increase from 1.6% last quarter London also reaches a…
Read More →
Breaking News

Our predictions for the property market in the second half of 2026

Allison Thompson, Chief Lettings Officer, Leaders part of LRG. There is a lot going on right now that’s impacting the property market, both in terms of direct legislation and the wider economy: Global conflicts affecting consumer confidence and interest rates Ongoing cost of living issues challenging affordability for homeowners and renters The recent introduction of…
Read More →
Breaking News

Breaking Property News 14/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   REVIEW: The Future of Real Estate Education: From Pedagogy to Technology Author Mr. Hugh Kelly, Ph.D., CRE Emeritus   Edited by Karen M. McGrath, Elaine M. Worzala, and Pernille H. Christensen. (Routledge, New York and London, 2026). 330 pp. ISBN 9781032625041. Paperback $70.99; hardcover $170.00; ebook…
Read More →
Breaking News

Why 2026 is redefining responsibility in the private rented sector

The landlord rulebook has changed  Insurance experts warn that understanding where landlord obligations end and tenant responsibilities begin has never been more important, following the biggest legislative shake-up of the rental market in a generation. The implementation of the Renters’ Rights Act on 1st May 2026 has transformed the relationship between landlords and tenants, introducing…
Read More →
Breaking News

Mortgage demand slowed in Q2

Mortgage demand softened as anticipated in the second quarter due to affordability pressures exacerbated by rising borrowing costs, Stonebridge reveals today. However, mortgage rates remain tricky to accurately predict while borrowers face being wrong-footed by renewed clashes in the Gulf, which sent oil prices and inflation expectations higher last week. Stonebridge mortgage and protection network’s…
Read More →