top 10 most popular overseas property destinations in september
News Posted On: 08 October 2009
The latest edition of Property Abroad’s monthly top of the props has shown what a lot of industry data has shown in recent months; that buyers are increasingly favouring established markets. In September there was increases in popularity for Spain, Portugal, Greece and Germany.
Firstly, America continues to hold 1st place. Spain regained the second position it lost to France in August, France slipped back one into the 3rd place Spain held in August.
Turkey lost 4th place to Greece, which rose 1 place from being 5th most popular in August. Turkey slipped back to sixth place, with Portugal cheekily snatching 5th having held 7th last month.
Italy slipped back one place from 6th in August to 7th in September, possibly on reports that Italian property prices still have some room to fall.
Germany entered the chart in 8th place. This is most likely because Germany represents the pinnacle of a safe, stable established market. German property values have held throughout the crunch. This also reflects investors move toward buying based on rental income rather than capital growth.
Unfortunately for Cyprus, Germany’s entry into the chart knocked it back one place into 9th position. Egypt, also a new entry into the chart took 10th place. Australia, a new entry in 9th position last month was knocked back out again.
The top 10 most popular countries with those searching for overseas property on the Property Abroad.com portal in September were:
America
Spain
France
Greece
Portugal
Turkey
Italy
Germany
Cyprus
Egypt
And last month:
America
France
Spain
Turkey
Greece
Italy
Portugal
Cyprus
Australia
Germany
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