International Property Markets On The Up?

Everyone we\'ve spoken to recently is optimistic that confidence is coming back amongst international buyers. We\'ve certainly seen an upturn in interest and are forecasting a sure but steady return to top form for overseas property sales..so now is a wise time to buy before prices rise.

Overseas mortgage specialists Conti say they have seen the busiest month for a year in terms of mortgage go aheads, increasing by 48 per cent during March compared with the previous year. Clare Nessling at Conti says, “The most popular destinations amongst our clients are still France and Spain, both of which come with easy access and good rental opportunities. Turkey is also popular as it offers some great property prices and all the benefits of its Mediterranean location, minus the effects of the strong euro. Confidence is definitely growing, but there’s also an element of buyers snapping up bargains in traditional hotspots while they have the chance.” We agree! we\'re finding at the moment that many clients are favouring the traditional hotspots such as the Costa del Sol and we\'re also seeing a lot of interest in Turkey.

Conti also say many Brits are now taking out euro mortgages to beat the exchange rate.

International Property Markets On The Up?

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