Buying property abroad is a significant step to take, with everything from mortgage availability to holiday home insurance to take into account when putting together the finances to fund such a move.

And with location also key when it comes to deciding where best to buy, one expert believes that many Brits are sticking with the destinations that they know represent a sound investment opportunity - as well as provide them with plenty of chances to get a bit of sun.

"Five years ago, there was always the next [big] thing or an up-and-coming place, but it is a different climate now. People aren't being attracted to the next 'hot new emerging place'," said Liz Rowlinson, editor at A Place in the Sun Magazine.

"They are steering very clear of those and are looking at the solid, established, well-tested markets like Spain, France and Italy."

It seems that the tried-and-tested method of investing in villas and apartments in well-loved Mediterranean destinations is now proving the popular choice among Britons buying abroad, with many opting for proven locations rather than taking the risk of venturing into untested waters.

With the latest figures from Rightmove also revealing that six of the top ten searches for foreign property on its website were for assets in either Spain or Portugal, it appears that Europe's warmer climes remain the biggest draw for Brits aspiring to own a holiday home.

"Sterling continues to hold above the €1.20/£1 level which has increased interest in the eurozone countries such as France and Spain," said Charles Purdy, managing director at Smart Currency Exchange.

As investing in property abroad continues to offer good value for money to Britons given the current economic climate on the continent, it appears that already popular destinations will continue to see investment from British buyers looking for foreign bargains.