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Overseas buyers 'returning to eurozone'

Source: Expatriate Healthcare - Fri 28th Jan 2011

It has been suggested that overseas property buyers are returning to the eurozone following a decline in prices.

However, people who are thinking about relocating abroad will have a number of things to consider.

Expatriate health insurance is certainly something to get sorted before making the big move.

Sue Ockwell, spokesperson for the Association of Independent Tour Operators, said that a lot of people have second homes in France and Spain nowadays, when they were previously looking to countries like Egypt because they were cheaper.

She explained that eurozone countries are taking steps to cut prices, which could help clients to save money.

The comments follow the publication of the Post Office Travel Services Holiday Money Report, which found that Spain is the cheapest destination within the eurozone.

Indeed, an average decline in the cost of living of 30 % was recorded in the Mediterranean country.

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