The UK based overseas property portal
Rightmove overseas has released figures indicating that, Bulgaria, Cyprus,
Madeira, Turkey and India could be the sought after destinations for international real estate buyers.
The report from Rightmove overseas seems to indicate that
the regions that are being researched by potential buyers are seemingly holiday
destinations. My experience operating Homesgofast.com has shown that the overseas property sector is strongly
aligned to holiday destinations. Foreign buyers often sample the life in the
region as a holiday maker and fall in love with the location. Investors tend to go where the transport links are good
and house prices low.
Interest in Cypriot property is up. It comes as no surprise that buyers have been curious about Cyprus and that searches are up for Cypriot property The combination of the banking crisis and house prices falls, buyers will looking to see what they can get with their money. We all love a bargain and buying below market value can often mean a profit is made on the purchase!
A property search at international portal
Homesgofast.com reveals that Paphos, Larnaca, Limassol, Famagusta and Nicosia regions are all offering great
value for money. You can find a cheap holiday apartment for less than 125,000
GBP is this the time to buy?
The Portuguese Island of Madeira also saw a substantial increase in interest with searches having risen 105% month on month and Turkey has risen to 11th most popular destination, replacing Germany.
Property for sale in United Arab Emirates saw
increases and so did Bulgaria and India.Will Dubai see the huge demand of previous years?
Bulgarian regions Varna, Burgas, Dobrich and Sofia remain places of high interest Homesgofast.com feature several houses in need of repair for under ã10K!
My thoughts are that the previously boom regions of the world are still attractive destination and that there will be pent up demand for international real estate. Investors and lifestyle buyers will want to move on with their lives and their plans to buy abroad.
The trend for overseas buyers with a desire for Spanish property appears to be one where they head for the Spanish islands. Proof of this is that Mallorca features in the Rightmove report as the most searched area in Spain by buyers.
ââ¬ËMarch saw a record 5.4 million searches conducted on Rightmove Overseas. Traditional relocation destinations such as Australia, New Zealand and South Africa all fell in activity and emigration thoughts turn to summer holidays,ââ¬â¢ said Shameem Golamy, head of Rightmove Overseas.
Download the full Rightmove Overseas report here
The overall trend for both Rightmove Overseas and Homesgofast.com is upward as buyers research the markets.
Author :
Nick
Marr
Are you looking to buy property in Cyprus ? Limassol , Nicosia , Paphos , Famagusta , Peyia
Are you looking to rent property in Cyprus ? Protaras , Limassol , Larnaca , Paphos , Pissouri
Author
Nick Marr
I am an internet entrepreneur with a passion for driving big audiences and a love for real estate. I have had plenty of ups and downs which has given me the experience to help others launch their own businesses. I enjoy projects that save consumers time and money, challenge convention and add real value to peoples lives.