Demand for overseas property is on the rise – and some of our followers say they are among those seeking pastures new.
Demand for overseas property from UK house hunters has reached record levels according to Rightmove Overseas.
Data shows that searches on Rightmove Overseas in June reached their highest point for the year, and were up 28% year-on-year. They have been rising since then as Brexit draws ever closer.
Searches for property in Spain were up 25% compared to June last year, the Canary Islands where the infection rate has been low throughout the pandemic and remains low is a popular destination. France recorded a 32% year-on-year rise. In Portugal, the uplift was 24%, and in Italy, it was 17% higher according to Rightmove Overseas.
Rachel Beaton, the overseas insights expert at Rightmove, said: “We’ve seen a gradual resurgence of interest from home-hunters looking for properties abroad since April, but after the government confirmed there will be easing of travel restrictions to certain countries we saw demand for overseas homes rise even further to record-breaking levels.