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UK investors go shopping in Europe

The UK property investor is likely to find some excellent deals in today's property market, and they are on the lookout for such opportunities. Most believe that there will be a massive growth in the amount of interest from UK investors in continental Europe.

Property Specialist David Stanley from Redfern LTD, as reported in Choices, said that there would be an unprecedented amount of trend in buying property overseas but that is still close enough to home.

Some of the top countries that should be of interest to UK buyers include Turkey, France and Bulgaria. The largest demand for property has been in these areas.

That is according to a report put out by NatWest International Personal Banking League of Buying Abroad. Some 75% of those mortgage brokers that finance overseas investments like this have said that they believe a large increase in investors will be pointing directly towards Bulgarian property.

Other countries that are likely to see a demand for property that will rise from their current numbers are Portugal and Spain. Of those surveyed, some 56% believe that Turkey will see more demand, 46% say France will see an increase in demand, 41% say Portugal will see a rise in demand and 31% believe Spain will also see a rise.

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