The three most popular international real estate markets are still the old favourites – Spain, France and the USA, according to the latest Top of the Props report from the leading overseas property portal, TheMoveChannel.com.
FOR IMMEDIATE RELEASE / PRURGENT
The three most popular international real estate markets are still the old favourites – Spain, France and the USA, according to the latest Top of the Props report from the leading overseas property portal, TheMoveChannel.com.
In troubled times, many investors return to the things they know best and that certainly seems to be the case with overseas property buyers, with the top 3 countries sharing nearly a third of all property searches on TheMoveChannel.com in June 2011.
Dan Johnson, director of the portal said: “The Spanish market is awash with great deals at the moment as Spanish banks continue to try and shift property cheaply. This phenomenon is unlikely to change soon, as there is plenty of supply, while the failure of some banks in the recent stress tests, means they’ll be keener than ever to divest the repossessed stock from their balance sheets.
France is an altogether different market, with a much higher concentration of lifestyle buyers purchasing holiday homes because they love the country and want to spend time there – it’s not such a price-sensitive market, though buyers are still pushing for good deals.”
Other notable movers and shakers this month are Portugal, which moved above Italy in terms of popularity for the first time and Thailand, which jumped up 12 places to number 9 and moved into the top 10 for the first time.
Although it spent much of the overseas property boom years in the top 5, interest in Bulgaria has also start to recover. Much of this would appear to be down to the good value ski property and the excellent snow record over the past couple of years.
The full breakdown of the Top 40 is as follows:
Rank Country Share
1 Spain 11.41
2 France 8.03
3 USA 8
4 Portugal 7.69
5 Italy 5.91
6 Brazil 5.67
7 Turkey 5.4
8 Cyprus 3.87
9 Thailand 3.52
10 Greece 3.04
11 Bulgaria 2.61
12 Morocco 2.53
13 St Lucia 2.01
14 Barbados 1.78
15 Cape Verde 1.72
16 Malta 1.62
17 Germany 1.37
18 India 1.3
19 Poland 1.29
20 Canada 1.26
21 Hungary 1.09
22 UAE 0.98
23 Egypt 0.88
24 Slovenia 0.87
25 Croatia 0.76
26 Switzerland 0.42
27 Indonesia 0.28
28 Cayman Islands 0.23
29 Jamaica 0.23
30 Montenegro 0.2
31 Austria 0.2
32 Australia 0.2
33 Malaysia 0.17
34 Bahamas 0.16
35 Tunisia 0.16
36 Albania 0.13
37 Philippines 0.12
38 Belize 0.12
39 St Kitts and Nevis 0.12
40 Lithuania 0.08 | 
