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One in 4 owners would like a second home abroad

The Knight Frank survey is conducted in 44 countries. Among the preferences of the British, Italy is ninth


Among the many unexpected consequences of Covid-19 there is also the desire to change the air. And home. A second home, preferably spacious and with a garden, has become a dream for many. Better if abroad, as an alternative residence in case the situation at home gets worse. One in four people in the world say they are more willing to buy a second home in the next twelve months due to the pandemic, according to the Global Buyer Survey just published by Knight Frank. The survey, conducted in 44 countries, reveals that for potential buyers, access to a high-level healthcare system is a key determinant in choosing where to buy a property.

"The crisis has fundamentally changed the way we live our lives and the home has become the center where we work, study, exercise, socialize and relax - explains Kate Everett-Allen, head of international research at Knight Frank - . Since people have had time to reflect on how they live and use space, it is inevitable that after the lockdown these changes will have repercussions on real estate markets around the world. Some trends highlighted by the survey are known, such as the desire for more space and the growing importance of having a home office and a good internet connection. Others, on the other hand, are more unexpected, such as attention to the health system and the way in which the country has managed the epidemic, which according to Knight Frank should favor the markets of Germany, Austria and Greece in the coming months.

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