Following our World Cup predictions , which forecast an overall victory for the USA, TheMoveChannel.com follows the FIFA tournament through every stage, highlighting a property Match of the Day.
There probably are not two more overlooked teams in the World Cup than Ecuador and Honduras – and the same can be said of their property markets.
If an investor were to venture into such unfrequented waters, though, they would be better off buying real estate in Ecuador, according to the #TMCWorldCup. The appeal of both markets is low: property in Ecuador was the subject of just 20 searches on Google in May 2014, compared to 10 for Honduras’ homes. On TheMoveChannel.com, that level of appeal is reflected in the lack of listings: only 1 property is for sale in Honduraa to overseas buyers, while Ecuador has 6.
Impressively, given the range of listings, Ecuador has actually stimulated some demand: in 2013, it accounted for 0.39 per cent of enquiries on the portal. Honduras, on the other hand, received no enquiries at all. It is telling that neither country has a full team on the property pitch: Ecuador’s star regions are Bolivar and El Oro, but is missing a third player. Honduras’ star player is Atlantida, which was home to its single enquiry in 2013. The rest of the roster is a mystery.
Given the choice, then, it is clear which market investors favour. However, with no global house price data from Knight Frank available for either country, the potential returns you could expect from your investment, or the overall health of the market, is not clear at all.
Enquiries = % of enquiries received on TheMoveChannel.com in 2013
Searches = Number of searches for “property in X” on Google in the month leading up the World Cup
Listings = Number of properties currently listed for sale on TheMoveChannel.com
Price (12m/6m) = House price movement in the last 12 or 6 months, according to the Knight Frank Global House Price Index Q1 2014
Click here for the full statistics.