The Number of UK Buyers Looking for Property Overseas Goes Through Boom

They say the grass is always greener on the other side. Studies have shown that quarantine has made the average consumer antsy for a change of scenery. Whether that is due to boredom or the realized need for more room in preparation from new lockdown orders from a second wave of the virus, people are looking to move. 

Research has also shown that a large number of UK house hunters are looking for overseas property.

The countries UK consumers are searching for are:

• Spain (up 34% yoy)
• France (up 33% yoy)
• Portugal (up 26% yoy)

When it comes to new users looking for overseas property, the numbers are up 40% year-over-year.

Chris White, owner of Ideal Homes in Portugal, explained:

“We’re getting lots of interest in private villas and apartments with big terraces. I think people were nervous before about buying abroad, but now they are far more determined. Buyers are saying to us, as soon as they can fly again they want to come out, meet the lawyers and get things done.”