UK, Spain Top Second Home Destinations
Nearly a third (26 per cent) of the 700 respondents surveyed by Knight Frank across the globe are planning to buy their second homes. Among regions, the United Kingdom (UK), Spain and France top the list of preferred destinations to purchase a home, followed by Australia, Canada, Switzerland and the United States (US. New Zealand, Portugal, Malta and Norway also ranked high on the preference list. All these countries offer a good quality life, political stability, a secure currency and an excellent education systems. Of the people who wanted to shift abroad, only 2 per cent were willing to move to India,. The survey, undertaken between 5 June and 23 June 2020, represents the views of over 700 clients across 44 countries. The type of property, too, has gained significance with around 45 per cent of respondents now preferring to buy a detached family home, with waterfront homes (40 per cent) and rural homes (37 per cent) also remaining in favour. The demand for apartments has, however, remained largely static compared to pre-Covid-19 times with 52 per cent respondents stating their attitude to apartment living is unchanged.
Tags : INTERNATIONAL