The U.K. Overseas property sector appears to be bouncing back after years of decline. Brits appetite for homes abroad was demonstrated by A record 8,585 attendance at the A Place in the Sun Live, Britain’s largest overseas property exhibition.The show opened at 10am on Friday 6th May to queues of overseas property hunters eager to source their dream property. Over 190 exhibitors showcasing properties from Spain, France, Portugal, Italy, the USA and more, filled the main hall and gallery area.The ever-popular stage area The Hub was standing-room only with seminars hosted by A Place in the Sun magazine editor, Liz Rowlinson.
Experts joined Liz on stage to cover current topics including the state of the market and potential impact of the referendum in June.Jasmine Harman, Laura Hamilton, Amanda Lamb and for the first time since joining the show, Ben Hillman joined Ryan Philpott on The Hub stage throughout the three days, offering fun anecdotes and experiences from the television show along with top tips for buyers before joining visitors for one-to-ones, signings and photographs.
The show’s dedicated French, Italian, Portuguese and Florida pavilions were packed with potential buyers to view properties and listen to various talks from professionals flown in the for the occasion.
The increase in visitor numbers seems to prove that interest and confidence in the overseas property market is continuing to grow with Brits.
Andy Bridge, Managing Director, A Place in the Sun Ltd comments: It was encouraging to see an increase in visitors to the London show, we would have liked a few more on the Sunday but when it reaches 26 degrees understandably some people’s plans change. A 10% increase on the same show last year is a clear sign more people want to buy overseas, tax changes on second homes in the UK announced in the recent budget is one factor contributing to buyers looking abroad.”
NIck Marr founder of overseas property portal Homesgofast.com"
I think there has been pent up demand from lifestyle buyers looking for a home overseas. Spain is a great example where the weather, proximity to the UK and lower property prices is still a big draw. Over the years the A Place in the Sun Live exhibition has been a great indicator on how the sector is performing."
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Author
Caz McDonald