Emerging markets most popular for foreign property

18 February 2005
Research commissioned by the Homebuyer Show has revealed that almost 40 per cent of those buying property abroad are choosing countries like Bulgaria and China over the more traditional France and Spain.

The poll of potential overseas investors showed that 39.6 per cent considered the emerging markets of China and Eastern European countries such as Bulgaria and the Czech Republic the best bet for long-term growth and high capital gains.

Beach destinations were the next most popular choice for foreign property, making 18.97 per cent of investors enthusiastic.

Existing markets maintained a respectable 15 per cent, whilst European cities fared less well, with less than seven per cent of those polled considering them the best choice.

Nick Clark, managing director of the Homebuyer Show, commented that opportunities to purchase property abroad are now within the reach of more people than ever.

"Buying a property overseas has been a distant dream for many people for a long time," he said.

"However in reality the process is becoming a lot easier, with many of our exhibitors looking after the entire procedure from initial visit to signing the contract."

The Homebuyer Show, taking place at London's ExCel centre from February 25th to 27th, features exhibitors covering a range of overseas markets, including emerging countries.

To find out more about buying foreign property, click here.
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