Your place in the sun: SPAIN
Overseas property and finance specialist said appetite for foreign property remains strong and will return once conditions improve: “Our customers are putting their plans on hold for now but eight out of 10 plan to press on as the pandemic recedes.”
Sales and marketing director at developer Taylor Wimpey España, said buyers may benefit from today’s low interest rates, but cautious lenders may tighten criteria so start planning your finances in advance.
There may be bargains out there but tread carefully: “If buying new, look for experienced developers with the financial strength to survive the crisis.”
Pritchard said buyers can carry out virtual online property visits, researching their chosen area using Google Maps and Images, or contact developers direct.
Dreams of a home in the sun endure. added: “Spain’s sunny weather, beaches, golf courses, lifestyle and gastronomy will still be there when the lockdown ends.”