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

bank of england interest rate
Breaking News

Bank of England raises rates to 4%

The Bank has raised interest rates by 0.25 percentage points to 4%. Policymakers were unanimous in their decision. Here is the reaction from the industry. Nathan Emerson, CEO at Propertymark, comments: “As the Bank of England continues to navigate wider economic pressures, including rising inflation, it comes as little surprise that base rate decisions remain…
Read More →
Breaking News

Breaking Property News 5/11/26

Daily bite-sized proptech and property news in partnership with Proptech-X. The Greatest Return on AI May Not Be the Work It Eliminates, but the Human Potential It Releases Time to look at artificial intelligence as a growth engine that upgrades humans working life Thought Leadership By Author Andrew Stanton CEO Proptech-PR For decades, businesses have…
Read More →
Breaking News

Guy Fawkes Night set to fizzle out for UK households

Firework Night set to fizzle out as 97% of UK households won’t buy fireworks and 7 in 10 want to see them banned As many as 97% of UK households won’t be buying fireworks to set off at home this Bonfire Night, while more than seven in 10 believe private fireworks displays in residential gardens…
Read More →
Breaking News

Budget tax raid could hit landlords for £3,500 a year

Budget tax raid could cost landlords almost £3,500 a year as property income tax rises Landlords could face almost £500 in additional annual tax per property, rising to nearly £3,500 across an average portfolio, following the Autumn Budget decision to double the previously planned increase in property income tax rates from April 2027. New analysis…
Read More →
Estate Agent Talk

Upfront information: homebuyers want confidence as much as speed

What movers want from upfront information, and it isn’t only speed Having a survey, legal pack and chain details before making an offer would help more than eight in ten respondents, according to LRG’s latest sales report Of the 553 who answered the question, 41% said they would offer with more confidence, although not necessarily…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

How Financial Anxiety Drains Entrepreneurial Energy

Financial anxiety can consume the attention and stamina that business owners need for planning, problem-solving and leading a team. A late payment, an unexpected tax bill or a weak sales month may trigger worry long after working hours have ended. Over time, that mental strain affects sleep, concentration and confidence. The answer starts with creating…
Read More →