In the top 10 best countries to buy property includes Thailand and Cyprus
The latest research portal the Move Channel has shown that Cyprus and Thailand for the first time among the ten most popular places to buy property abroad.
The study also found that the U.S. is currently the second most popular country for the purchase of real estate.
The study was to analyze the number of requests for real estate in different countries, and data for October showed that Spain is again the most popular choice.
However, requests for real estate in the U.S. rose by 1.06%, which is why the U.S. shifted from France to second place. Director of the Move Channel Dan Johnson believes that this is a great achievement, since the French property has been viewed as safe an investment in Europe for some time.
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Portugal and Italy entered the top five, while Turkey was in sixth place with more than 4% of requests.
Property prices in Cyprus have decreased the sixth consecutive quarter in October, while the improvement of laws regarding ownership has given more confidence to buyers of real estate in the country. According to Johnson, flooding in Thailand can reduce the popularity of the country, but low prices in Cyprus will continue to attract investors.
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