Wednesday, May 14, 2008

New Research Reveals Spain popular with UK investors

Recent study published by Globaledge.co.uk reveals that the Spain is continuing to attract British investors and holidaymakers and the most searched overseas property destinations by UK internet users despite ongoing economic concerns.

The data was taken from the Wordtracker UK database till 6th May and they studied the most popular 200,000 searches containing the word "property" till 6th May 2008. The research confirmed that the properties in Spain are the unbeatable favourite for British investors.

Properties in Spain are top of the list and it accounted for over 10% of total searches, and the list is sprinkled with several Spanish towns and coastal names. Obviously locations of Costa Blanca and Costa del Sol are the most popular regions; the attractiveness of the Canary Islands is also a most attention-grabbing finding of this research. There is significant search volume even at local level with Lanzarote, Tenerife, Caleta de Fuste all making the top 100.

This was said to be largely because Spain offers numerous lifestyle attractions that are highly conducive to a relaxing environment, hot and sunny weather for most of the year, unlike the UK, high living standards and the reasonable price of goods and services. ShelterOffshore.com has reported that Spain is famed for its laidback lifestyle and relatively low cost of living.

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