Investors 'could benefit from economic problems'
Overseas property investors have been advised that they may be able to take advantage of current market conditions.
According to the Association of International Property Professionals, fewer people are opting to buy abroad because of the problems in the global economy.
This means that those who have not been deterred could find the market wide open for them.
Paul Owen, chief executive of the organisation, commented: "It is a great time to buy, because of the lower number of people buying than there was before."
He added that while some people are scared about making large purchases in the current financial climate, there are still many prospective buyers "out there".
Mr Owen said those who are interested in buying in a number of different locations could stand to benefit the most.
According to Conti Financial Services, Spain is currently the most popular overseas property market among British buyers.
This, it said, is despite growing competition from emerging markets.
Visit our off-plan property Spain page.
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