Brits desperate to sell villas

Sarah Coles
Spanish flats for sale
Spanish flats for sale

Arturo Rodriguez/AP/Press Association Images

The Eurozone crisis has sparked panic among British owners of European villas. According to HiFX, the number of Brits looking to sell holiday homes across the region has doubled in the last four years. Now two fifths of owners in some countries are desperate to sell up and get out before all hell breaks lose.

But what is this doing to the local property market?