In recent years there has been a steady growth in overseas property ownership with more and more people
taking advantage of favourable exchange rates coupled with lower property prices.
Statistics show that globally we’re all on the move with many Britons seriously considering settling in another
country and the British Centre for Future Studies predicting that by 2020 one tenth of the current British
population will be living or working abroad. Add to this the fact that there was a 250% increase between 2000 and 2004 in the number of Britons buying
property abroad solely for investment purposes, that over one and a quarter million Brits own second homes
in Spain and France already and that the Office for National Statistics in the UK recently revealed that 200,000
Britons go overseas yearly with the intention of remaining for at least twelve months, and you can see that the
passion for buying that dream home abroad is universal. |
