The latest analysis from Rightmove has found that despite the allure of exotic faraway destinations, Britons prefer the sunny shores much closer to home when it comes to buying property abroad.
According to Rightmove’s research, Spain is the most popular European country for Britons looking to relocate or buy a second home with average monthly searches totaling 2,513,374 – over 74% more than second placed France.
Which UK city loves Spain the most?
A closer look at a year’s worth of property search data from the largest cities shows consistent interest in Spain right across the UK. It is the number one sunny destination for Britons from Birmingham, Bristol, Cardiff, Glasgow, Leeds, Liverpool, London, Manchester, Nottingham and Sheffield.
Spain is most popular with sun-starved Scots, more than 54% of searches for property in Spain come from Glasgow, a close second being Liverpool with the second highest number of searches, at almost 50%.
France comes up as a consistent second on the list of hot-property destinations, according to UK interest per city, with the most searches for this sunny destination coming out of Cardiff, London, and Bristol.
Which sunny resorts are property-seekers most interested in?
Spain and France are clear favourites for property-seekers looking to buy a second home, a closer look reveals the most searched for resorts in each.
A house in Alicante – most popular second home destination in the UK
Alicante tops the list as the most searched for property destination in Spain and at €126, 053, it also has the lowest average enquiry price of the most popular sunny regions. According to Rightmove, 62% of enquiries are for houses in Alicante, while 38% are looking for flats or apartments. And for UK residents looking for fast, affordable flights to their holiday home in the sun, it doesn’t get better than this port city on Spain’s south-eastern coast.
An apartment in Mallorca – popular with high budget buyers
With an average enquiry price of €397, 813, property in Mallorca is popular with high budget buyers, with 54% looking for flats and apartments and 46% looking for houses. Despite enquiries for properties in Mallorca being three times higher in price than those in Alicante, it still tops the list as the second most searched for property destination in Spain.
Chris Please, Head of Rightmove Overseas, comments: “Just 2.5 hours away by plane, a great climate, upmarket living, picturesque surroundings… Mallorca is perfectly positioned as the ultimate destination for high budget UK buyers looking to purchase their own slice of paradise.”
Why is Spanish property consistently in demand?
With warm average temperatures of 21°C per year, Spain is one of the hottest countries in Europe making it an ideal destination for summer homes. With high average temperatures hitting 30°C in June, 34°C in July and 33°C in August, summer months in Spain are hot and the climate is mild for the rest of the year.
Distance and Affordability
Average flight time to Spain is just over 2 hours by plane, making it one of the fastest destinations to travel to after France, Ireland and Germany. With plane ticket prices increasing in summer due to high demand, visiting Spain is more affordable than visiting France, Italy or Malta, with the estimated lowest price in mid-summer costing £48 return.
Chris says:“Over 12 months, we received an average of 2.5 million searches a month for property in Spain, indicating just how in-demand this sunny country is for property-seekers. Whether it’s the large expat community, the sunny climate, the food or simply the easy transition into relaxed Spanish culture that has Britons enthralled, Spain’s proximity to the UK, cheap flights and short travel time has it consistently emerging as one of the most popular property destinations abroad.”