Increased interest in buying overseas property

Increased interest in buying overseas property

Interest in buying foreign property is at an all time high among Brits with 67% of respondents believing it to be a good time to invest abroad, a new survey has revealed.

The results from the Worldwide Property Group found that 65% of those surveyed were actually considering an investment. The most popular countries for this investment were the United States, Turkey and Portugal.

Turkey's capital Istanbul was especially highlighted by the Worldwide Property Group, who noticed that with tourist footfall up 30% from this time last year, the city was a shrewd area to buy property.

“With some incredible potential for property investment overseas mixed with increasing ease of purchasing a foreign property, people are finding they have much greater choice, and the UK now has some strong competition,” said managing director Kevin Wilkes.

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A Place In The Sun