Research shows that searches for holiday homes in general are up 5.3% in the past six months, however, at 4.2%, searches for holiday homes in the UK have seen a lower uptick in interest
The latest analysis from quick sale specialists, Open Property Group, has found that Spain, Portugal and Italy are the top searched locations for Brits looking for a holiday home.
Open Property Group evaluated a number of Google Search Trends concerning holiday home interest and how this interest has changed over the past six months.
The research shows that searches for holiday homes in general are up 5.3% in the past six months, nonetheless, at 4.2%, searches for holiday homes in the UK have seen a lower uptick in interest.
On the contrary, searches for the term ‘buy property abroad’ have soared by 10.2%, while searches for international properties are 15.4% higher.
Further analysis by Open Property Group shows that it’s Spain and Portugal remain the clear winners when it comes to destination of choice.
Searches for holiday homes in Spain have surged by 78.6% in the past six months, with buyer search interest in Portugal also rose 71.2%.
Italy has also seen a rise in holiday home searches, up by 50%.
Nevertheless, Anglo-French interest has not fared as well, with searches for holiday homes in France dropping by 22%, while interest in America has slumped by 86%.
Chief Executive Officer of Open Property Group, Jason Harris-Cohen, said: UK buyers have had to contend with record high house prices for many years, but when you also add significantly higher mortgage rates to the mix, it is no surprise that more of us are looking abroad for a holiday home in the sun.
Harris-Cohen added: In fact, there are many more who are keen to make the move altogether and it is not uncommon for us to see buyers utilising the quick sale route for a stress-free, fuss-free exit from the UK market in order to start their life abroad as quickly as possible.
