Spain is still the number one destination for buying abroad in Britain dispite the growing popularity of new markets such as Bulgaria.
The Association of International Property Professionals (AIPP) estimates that by the end of 2006 some £20 Billion will have been spent on buying Spanish properties by the UK market. This means that nearly one third (31.6%) of all overseas properties are bought in Spain. The second most popular market is France with 18.9% of the share.
This news comes at the same time that the national average property price is Spain has dropped €6,000 from €255,000 in November to €249,000 in December.
Source: www.kyero.com
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