Bargain property beckons overseas

KNOCK-DOWN property prices in southern Eurozone countries continue to attract propertybuyers from the UK, with interest in Spain, Italy, Portugal and Greece getting noticeably stronger during the second quarter of the year.

Demand for information about foreign property rose 36 per cent year-on-year for the three months to the end of June, according to the most recent Overseas Guides Company Quarterly Index, which measures interest in destinations popular with second homeowners and expats.

“The euro’s continued strength hasn’t put British buyers off tapping into some very attractive property prices,said Richard Way, Editor at The Overseas Guides Company.