Brits still love European Property

Brits Can't get Enough

Despite doubts over UK citizens about whether to stay in Europe, when it comes to European real estate, the Brits can’t get enough.

That’s the conclusion from the latest Top of the Props report from leading consumer property website 'The Move Channel', which saw Europe take five out of March’s Top 10 destination places.

The survey showed that demand for European real estate rose, led by France with Spanish property in second place and Portugal in third, even though the pound has recently declined against the Euro due to the uncertainly over the Brexit vote in June.

At Cle France viewing trips are up by 37% year on year even with April showers!

Despite Brexit doubts, Brits still love European Property.

Spanish property drew 5.63% of total activity on the website, up from 3.48% in February 2016, while Portugal accounted for 2.86%. Turkey is in fourth on 2.86%, re-entering the Top Five for the second time in the first three months of 2016.

North America property also made a strong showing, with USA remaining the top destination, accounting for 13.45% of all enquiries and Canada also holding steady in fifth place on 2.61%.

The Move Channel Director Dan Johnson says, “Britain may be debating a Brexit, but buyers are still in love with European property"

“Despite the pound weakening against the euro in recent months, demand remains strong for the continent’s familiar holiday home hotspots, with Spain, Portugal, Italy and France all still in the Top Ten destinations"

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