Foreign property exhibition is a success

Thursday March 13th , 2008

Foreign property exhibition is a success

Thousands of people in the north-west of England have expressed interest in buying a foreign property abroad, according to new figures.

Brooklands Group, organiser of the A Place in the Sun Live event, revealed that the recent exhibition in Manchester attracted more than 8,000 visitors.

The organisation also calculated the prospective buyers were willing to spend £147,000 on average.

Darren Styles, chief executive of Brooklands, cited this as an example of how the market has remained strong in the face of worldwide economic problems.

He commented: "Some industry commentators will tell you the credit crunch and a fear of recession have chilled the market to a standstill - not so."

Mr Styles added that the success of the Manchester event is a "fantastic start" to this year's programme of events, which includes an exhibition in London next month.

Spain was recently identified as the most popular location among British property buyers by A Place in the Sun magazine.

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