Real Estate News# Demand for overseas property on the rise

Demand for overseas property from UK househunters has reached record levels according to Rightmove Overseas.
The data shows that searches on Rightmove Overseas in June reached their highest point for the year, and were up 28% year-on-year.

Searches for property in Spain were up 25% compared to June last year, whilst 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, 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.