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Holiday home woes

‘Research from currency exchange firm HiFX has found that thousands of Britons with holiday homes in Spain and Greece have said they are unable to sell due to the economic uncertainty in the eurozone.

HiFX said one in ten owners of property in the EU would like to sell, while the rate in Spain is nearly half. However, the company said that a third of British sellers in Europe have had their homes on the market for 12 months or more.’

Source: Daily Express

Myfanwy Neville

Partner: Property and Construction, Sustainability and ESG

T +44 (0)20 8922 9376
E Myfanwy.Neville@bkl.co.uk

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