Bulgaria, The 'Land of the Roses', has consolidated its consistently strong position in TheMoveChannel.com’
2007 was a banner year for Bulgaria, with the country topping the worldwide table for house price growth. According to the Global Property Guide, figures at the end of September 2007 showed house prices had risen by 30.6%. This is a fantastic return for a country still considered to be an emerging market, and when considered in comparison to the UK’s meager rise of 9.7%, it’s clear why investors are flocking to Bulgaria.
At the top of the chart, the monumental tussle between France and Italy continued, as France ousted Italy from the number one spot again. Thailand and Morocco shot up 3 and 5 places respectively to crash into the top 10 for the first time in months.
Spain and Egypt continued to rise steadily, but the most impressive rise of the month came from Argentina, which jumped 16 places to number 14. Is Argentina on the verge of breaking into the top 10? We’ll certainly see next month!
Countries which fared less well this month include the USA (Down 3 places to 6th), Cyprus (down 4 places to 12th ) and Canada (Down 5 places to 22nd) .
To view the full Top of the Props chart, which ranks the top 40 countries, please visit:
http://www.themovechannel.com/
To view current opportunities in the Bulgarian property market, please visit:
http://bulgaria.themovechannel.com/
NOTES FOR EDITORS
1. As well as using data from its own site, TheMoveChannel.com aggregates overseas property enquiry data from a range of distribution partners, including fish4homes.co.uk, Home.co.uk, Property-Abroad.com and HomesOverseas.co.uk.
2. This provides a monthly basis of nearly 10,000 email enquiries, which represents a broad cross section of the holiday home buyers and investors that are currently active within the overseas property market.
3. The chart is based on the percentage share of the overall enquiries that each country receives in any given month across the different data sources.
4. Rankings are calculated, with percentage share rounded to two decimal places. The “Change” column refers to any changes in ranking from the previous month’s chart.
