(PRWEB UK) 6 December 2013
It has been reported in Money Observer that more Brits are taking interest in overseas property, following data from deVere, the world’s largest independent international financial consultancy. It revealed that the majority of respondents favoured Spain (28%), whilst France and Italy were the next preferred locations, at 12% and 8% respectively. Speaking about the research, Chief Executive of deVere Nigel Green believes continually rising cost of living in the UK is behind the trend.
The findings also appear to be in line with mortgage enquiry figures for Europe. According to figures released by the General Council of Notaires, international property purchases in Spain increased by 13.6% during the first half of 2013 in comparison to the same period in 2012.
Best known for their flexible international removals service, Interdean have been moving their customers around the world for more than 50 years, including a variety of destinations within Europe. Dedicated to pursuing the latest industry news and developments, a representative from the firm shares their thoughts on the subject.
"European destinations are very popular amongst those approaching retirement age. Whilst far enough away for expats to enjoy a warm, dry climate and new scenery, those moving to Spain or France do not have far to travel home to see friends and family. Add to this the rising cost of living back home and we’re not surprised to see that demand for international property has increased. It’s still imperative that those considering owning or living in a house abroad seek professional advice on the matter and think about things like exchange rate fluctuations and additional costs before they reach a final decision."
Thinking of Moving? Think Interdean
Interdean helps families, expats, backpackers, travellers and students moving overseas. Established in 1959, Interdean provides moving, storage, shipping air freight, excess baggage, visa and immigration, and full overseas relocation services to worldwide destinations. Interdean is FIDI FAIM PLUS accredited and has over 123 offices worldwide.
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