Brits look to Spain for usability

Holidaymakers do not buy property in Spain solely for financial gain.

The country attracts people who want a holiday home for personal use and not for investment returns, according to property firm Atlas International.

Although the Spanish property market remains stable, Britons are more likely to buy a home in the country to benefit from cheaper holidays.

European sales director James Dearsley explained that "most people see it [a home in Spain] as a useable investment as opposed to a financial investment".

"The market is still as good as we've found it in the last few years because people don't want to make an absolute fortune in Spain, they want to be able to use it as well," he said.

Research from Trafalgar Square Overseas recently revealed that 56 per cent of all second homes are located in easy reach if the UK in either Spain or France.