01 September 2008
There are two types of overseas property buyers, one industry expert has said.
Lifestyle buyers are looking for a second home in the sun or a possible retirement location.
The second type of buyers are "hard-nosed investors" who ignore details such as location and look purely at possible returns, explained Nicholas Marr, chief executive of Homesgofast.com.
However, both are currently in a strong position given the current property market.
"Whatever the types of buyer, both are now in for a treat when buying abroad," he said.
