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16th April 2024
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HomeInvestmentCyprus slips in Top of the Props chart

Cyprus slips in Top of the Props chart

CYPRUS slipped two places to number fourteen in the September edition of the ‘Top of the Props’ published by the property portal TheMoveChannel.com, accounting for 1.44% of on-line searches on the property portal.

America retained its number one position for a second successive month accounting for more than a quarter of all overseas property enquiries, while Spain, Portugal and France kept their second, third and fourth positions.

Brazil moved up two places to the number five spot, followed by Italy (which dropped a place) and Canada (up 4). Thailand came in at number eight followed by Turkey and Hungary at numbers nine and ten respectively.

TheMoveChannel.com Director Dan Johnson comments: “US property has been the number one market for investors for most of 2013. The top six countries on TheMoveChannel.com in September 2013 were USA, Spain, Portugal, France, Brazil and Italy. With the exception of Spain’s slide into second, this top six is the same as it was one year ago, a sign that investors have lost no interest in the familiar European markets.

“America, though, is racing ahead of the pack. In the first nine months of 2012, Spain had been the most popular destination on TheMoveChannel.com for nine months. This year, the US has been the most popular destination for seven months; buyer tastes are the same, but the focus has shifted. With its share of activity surging 11.03 per cent across the third quarter of 2013, the American government may be shutting down, but international interest in US real estate is only just firing up.”

The full breakdown of the September 2013 edition of the Top of the Props chart is as follows:

Rank
Country
Share (%age)
Change
1 USA 25.66 No change
2 Spain 8.04 No change
3 Portugal 7.06 No change
4 France 4.37 No change
5 Brazil 4.12 Up 2
6 Italy 3 Down 1
7 Canada 2.95 Up 4
8 Thailand 2.69 Up 5
9 Turkey 1.72 Down 3
10 Hungary 1.72 Up 9
11 Greece 1.69 Down 3
12 Germany 1.62 Down 3
13 Cape Verde 1.5 Down 3
14 Cyprus 1.44 Down 2
15 Bulgaria 1.38 No change
16 Ecuador 1.34 Up 8
17 Malta 0.83 Down 1
18 Croatia 0.83 Down 1
19 Dominican Republic 0.74 Down 1
20 India 0.54 Down 6
21 Cayman Islands 0.54 Up 8
22 SENEGAL 0.5 No change
23 UAE 0.4 Down 2
24 Australia 0.4 Up 10
25 Poland 0.35 Up 6
26 St Lucia 0.32 Up 4
27 Switzerland 0.31 Up 6
28 Jamaica 0.29 Up 8
29 Belize 0.26 Up 6
30 Barbados 0.24 Down 7
31 St Kitts and Nevis 0.24 Down 11
32 Egypt 0.22 Down 7
33 Montenegro 0.21 Down 5
34 Slovenia 0.21 No change
35 South Africa 0.19 Up 3
36 Albania 0.18 Up 13
37 Austria 0.16 Down 10
38 Belgium 0.16 No change
39 Czech Republic 0.14 Up 4
40 Romania 0.1 Down 3

Founded in 1999, TheMoveChannel.com is the leading independent website for international property, with than 400,000 listings in over 100 countries around the world, marketed on behalf of agents, developers and private owners. Its ‘Top of the Props’ chart is based on the number of on-line enquiries for property in different countries around the world.

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2 COMMENTS

  1. I still can’t believe that Cyprus is actually in the chart at all after what they’ve done over the last 10 years.

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