Turkey remains property favourite
19 May 2009
Overseas property portal Property Abroad has revealed that Turkey remains a top favourite for foreign buyers, although it continues to lag behind Spain.
In its monthly look at overseas property buyer trends, the portal found that Spanish property was the most searched for, and viewed by visitors to the site during March.
"Spain has always been our most popular, and our primary user base comes from Britain, so this shows the Brits still love Spain," said Les Calvert, Property Abroad director.
"The current situation has changed things though; we now have the likes of America coming into take the second place that would usually have gone to Cyprus or Portugal.
“We are expecting America to lose this position however, as Sterling gains ground on the Euro and loses it to the Dollar," he explained.
The only other semi-surprise from the findings is that Cyprus has dropped out of the top-5; surprising because Cyprus featured in the top spot of the Jet-to-Let survey a couple of months back.
He said Turkey's position at number 4 showed that Turkey is the emerging destination now that Cyprus was a couple of years back.
According to Property Abroad, the five most popular countries with the overseas property buyers who visited and searched for property on the site were:
1. Spain
2. America
3. Portugal
4. Turkey
5. Italy
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