British buyers of overseas property are starting to become more interested in making purchases again, it has been stated.
Head of private clients at currency brokerage World First Elisabeth Dobson said that the recent depreciation of sterling to near parity with the euro had made the market conditions "pretty tough", but added that this has recently been changing.
She commented: "Some of our clients who maybe have been holding off buying a foreign property are considering it more now than they have done because there has been a little bit of sterling strength."
Interest in locations such as Spain remains high, property portal Homes Overseas has stated.
It noted that in the last month the country was the subject of the most searches on the site, ahead of Portugal, France and Italy.
The company said that British interest in buying property abroad remained "firm".
See Also: Property News (6749)
Date Published: 17 February 2009
Related News
