Financial Times FT.com

European house prices

Property price fall lures investors to Europe

By Sharlene Goff

Published: May 25 2009 01:59 | Last updated: May 25 2009 01:59

Sharp price falls in European property hotspots and a gradual strengthening of the pound are luring cash-rich UK investors back to the continental mainland just in time for summer.

Foreign exchange providers and estate agents are reporting revived interest from cash-rich Britons looking to snap up holiday homes in popular locations across France, Spain, Italy and Portugal.

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