Spanish Property News
British Citizens spend more on overseas property - Posted: 01/03/2006
The UK Office for National Statistics reports spending on overseas property has risen by 45%.
Over £23 billion has been spent on property. Some 257,000 Britons.
Spain and France are the most popular. The Spanish Ministry of Tourism estimates that 1 million foreigners will buy a second home in Spain during the next 6 years.
Other destinations such as Bulgaria, Portugal, Croatia and Cyprus are increasing in popularity.
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