Reports from a bevy of experts are recommending that now is a good time for Brits to invest in properties abroad.
The aligning stars include a weak euro, a strong pound, healthy economic recovery, low property prices in many countries and low borrowing rates.
The Overseas Guides Company said in the first three months of this year it had 15,209 inquiries, a 31% increase over last year.
It reported that Spain remains the most popular for Brits, followed closely by France as well as Portugal and Italy.
Foreign currency specialist moneycorp experienced a 37% increase this year in clients sending funds to Spain to buy property there. Money being sent to France rose by 23%.
HiFX reported a similar experience, saying that 75% of their customers were buying in Spain or France.
Moneycorp said investors were saving money due to the strong pound. "In June 2013 a property on the market for €500,000 would have been purchased for £406,504, this June the same property could be purchased for £364,963. This means currency movements have created a saving of over £41,500."
British buyers dominate the purchases made by foreigners in France where their investments last year totalled €1.6 billion.
A study by French bank BNP Paribas said Brits buying in France paid on average €315,000 last year, rising to €589,000 in the Riviera. Average prices were down by about 10% over 2014.
