The UK economy growth of last year and the rising confidence in the UK housing market will make more Englishmen invest in vacation properties. The improving economics in Great Britain and the stronger pound sterling will probably back the growth of overseas real estate investments. Beside that the UK housing market is also recovering faster than the one on the Continent.
According to various consultant firms Britons will now start looking for vacation properties especially against the background of predictions about the pound sterling gaining strength against the euro. There are signs that average prices in some of their favourite destinations – Spain, Portugal, France and Bulgaria are increasing, so it’s starting to feel like a good time to buy now.