The property markets around the world have certainly taken a beating in the last 12 months, with prices in many destinations falling to levels seen a nearly 5-10 years ago. From a seller's point of view, things probably couldn't be any worse, as many people are left in negative equity if they wish to sell their homes. Others are forced to slash the price of their home if they want to sell it, and, as many have been made redundant, this is the only option they have.

From a buyer's point of view, it couldn't be more different. The last year has most definitely been a buyers market and 2012 is set to be the same with people desperate to sell knocking huge discounts off their prices in a desperate bid to sell the property that they can no longer afford to keep. Property prices in popular countries such as Spain and France have attracted wealthy investors from all around the globe as they snap up the bargain prices.

The property market in Europe is yet to face even more struggles as countries like the aforementioned, as well as Italy and Portugal continue to struggle economically. Many people believe that the 'hangover' from the property boom back in 2008 has not been fully felt yet, suggesting that those prices were really too high. Certainly, to get back to those sorts of prices, consumer and buyer confidence will need a sharp kick.

Currently sellers are failing to see any hope of the property markets recovering, and many are getting used to their new situations. It is a market for buyers this year, as the only way really is up, so anyone investing in property in Europe at the moment can expect to make a profit from selling it in 5-10 years time, or indeed can make good monthly returns by renting the property out as many people are forced into rented accommodation if they can't buy a property.

It goes without saying that things can only get better, so if you are in a position to buy your dream property abroad, the next twelve months is the best time to get a good price and almost guarantee you will make a profit on it.

Start your hunt for a home abroad here…

If you’re searching for an overseas property, a good place to start is the Overseas Guides Company’s new property search facility. To start your search now visit http://www.emigrationguide.com/content/emigration-properties