Over 1.5m people own property abroad. Relocation experts 1st Move International have researched the most sought-after countries for homebuyers worldwide, based on internet searches per year of appropriate property websites.
The cost is calculated on the average cost for a two bedroom flat in the named country.
|
Rank
|
Countries
|
Average property value*
|
Searches for ‘Houses In …’
|
|
1
|
Spain
|
£160,000
|
696,300
|
|
2
|
Canada
|
£326,000
|
671,400
|
|
3
|
United Kingdom
|
£236,000
|
577,700
|
|
4
|
France
|
£295,000
|
521,900
|
|
5
|
Germany
|
£328,000
|
453,600
|
|
6
|
Italy
|
£178,000
|
451,300
|
|
7
|
Japan
|
£251,000
|
441,000
|
|
8
|
Bahamas
|
£150,000
|
417,400
|
|
9
|
Australia
|
£360,000
|
391,300
|
|
10
|
Portugal
|
£148,000
|
376,600
|
Spain is crowned the country people want to buy property in the most, with almost 700K Google searches for ‘houses in Spain’. The country’s sunny climate, stunning landscapes, and vibrant culture make it a favourite among international buyers. English is also widely spoken, making it easier for international buyers to settle in. To relocate here, the average cost of a two-bedroom flat in Spain is £160,000.
Canada ranks second amongst the top destinations for homebuyers, with over 670K Google searches for ‘houses in Canada.’ Prospective buyers are drawn to the country’s natural beauty, excellent quality of life, and stable economy. Known for its welcoming attitude and proximity to the USA, it’s a favourite among those looking to relocate. However, with an average property value of £326,000 -104% higher than the average cost in Spain- Canada can be a pricier option.
The United Kingdom rounds up the top 3, with 577K Google searches. The country’s rich history, diverse culture, and renowned educational institutions attract many international buyers. The widespread use of English and the vibrant city life also contribute to its appeal as a property investment destination. Here, a two-bedroom flat averages £236,000, making it an attractive option for those looking to invest.
You can see the full research here.
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