Overseas property hotspots - this is where you'll make your money in 2007!
EUROPE’S residential property markets will enjoy more growth in 2007, despite worries about affordability, household debt and the sustainability of current price rises in countries such as France and Spain.
House price inflation has slowed in most markets, according to estate agent Knight Frank. Exceptions include parts of central and southern Europe, which have limited mortgage uptake and are still experiencing strong economic expansion. Demand for second homes for personal use and investment will continue in 2007, Knight Frank predicts, facilitated by new low-cost airline routes, and the growth in supply of housing in the mass and luxury sectors.