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Thursday, January 31, 2008
Property in established overseas markets was massively popular with visitors to the TheMoveChannel.com in 2007, with
Despite being plagued by falling prices and a pervasive sense of doom and gloom, Spain still came in second with 14% of total enquiries, proving that investors were undeterred by the slowdown in the market that afflicted the country for much of 2007.
Fuelled by the rising popularity of Southern Italian destinations such as
Bulgaria consolidated its position as an emerging market brimming with potential as it took fourth position in the chart, which comes as no surprise given its status as world's number one destination for house price growth in 2007 (Global Property Guide).
The wave of European success continued with
All three were individually beaten by the USA though, which crashed in at number five, with 8.6% of enquiries - a sure sign that with weakness of the dollar against the pound, and falling prices due the ongoing subprime crisis, investors saw an opportunity to snap up some major bargains across the pond.
TheMoveChannel.com's most popular destinations by sales enquiry for 2007 are as follows:
|
Rank |
Country |
Sales Enquiries as a % of Total* |
|
1 |
|
20% |
|
2 |
|
14% |
|
3 |
|
12% |
|
4 |
|
9.8% |
|
5 |
|
8.6% |
|
6 |
|
8.4% |
|
7 |
|
7.7% |
|
8 |
|
7.2% |
|
9 |
|
6.2% |
|
10 |
|
6.1% |
*Results based on number of sales enquiries generated on a month by month basis over the whole year.
**Results above do not include sales enquires for countries generating interest outside the top 10.
Overall, Countries in the EU dominated the chart, with European countries attracting almost 80% of total sales enquires.
Dan Johnson, Managing Director of TheMoveChannel.com, commented: "As our nearest neighbour, it's great to see so much interest still being maintained in French property. People from the
country.
Dan Johnson continued: “
To view excellent property investment opportunities in any of the countries above, please visit the property section of the website: http://www.themovechannel.com/property/
Our International Property Portals: Bulgaria • Cyprus • Florida • France • Italy • Portugal • Spain • Turkey