Hartlepool, United Kingdom (PressExposure) November 18, 2009 -- It is amazing the difference that the foreign exchange rate currently makes to the popularity of an overseas property destination. In October Turkey property became the third most popular with those searching for property on Property Abroad.com -- a climb of 3 places on the previous month.
It is surely no coincidence that the pound spent most of October really weak against the Euro, and strong against the Turkish Lira -- especially when you look at previously monthly charts showing the same results.
America and Spain held their positions in 1st and 2nd, and Greece retained its position in 4th. This left France down two places as 5th most popular in October.
Germany is another surprise; climbing two places to steal 6th most popular in October, putting Portugal back to 7th after being 5th most popular in September.
But the biggest surprise has to be the return of Canada to the chart in a very respectable 8th position. Canada has always been one of the favourite locations for Brits to emigrate, but because of the recent positive data on the Canadian housing market, this has to be considered as signalling increasing interest in Canada property from foreign investors.
Finally Cyprus held the same 9th position as in September, and Italy was in 10th having fallen back 3 places from being 7th most popular in September. The full results -- with September's position in brackets -- are as follows.
- America (1)
- Spain (2)
- Turkey (6)
- Greece (4)
- France (3)
- Germany (8)
- Portugal 5
- Cyprus (9)
- Italy (7)