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Overseas property attracting potential buyers

Overseas property attracting potential buyers

Friday, 24 April 2009 11:36 AM

A 14 per cent increase in the number of people searching for overseas property has been seen by Primelocation International.

The property portal found searches for property in Croatia had risen by 30 per cent in the last year, and interest in South Africa was up by ten per cent.

Primelocation discovered world events had caused a shift in where overseas home buyers were looking to purchase, with Croatia's bid to join the European Union one possible cause for interest in the country. On the other hand, South Africa is hosting the football World Cup next year, which may have attributed to the increased desire to purchase property there.

And the 'Obama Boom' may well have been a causal factor in the 150 per cent growth in Brit desires to move to the USA in the last year.

Primelocations top ten search rankings in March this year were:

Spain

France

USA

Italy

Portugal

Australia

United Arab Emirates

Turkey

Cyprus

Bulgaria

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