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Bulgarian Property in Annual Top 10 for Oversea Property Destinations
According to the regular ranking of portal property-abroad.com of the 10 most popular countries for oversea property buyers Bulgaria once again finds its way in the top 10 countries. According to the portal Bulgaria’s 9th place is a surprise given the collapse in demand from foreign buyers in 2009. This reflects the emergence of increased investor activity in the latter part of the year, and the focus on cheap property throughout 2009.
According to the ranking Spain is at the top of the list. Although sales there have dropped drastically there still seems to be plenty of people looking at Spanish property.
Second come the USA which is no surprise because of the repossessed and distressed opportunities that have abounded in the market throughout 2008 and 2009.
Portugal is third, which again is scarcely a surprise. Portugal has become a popular choice since the demise of Spain, because it offers comparable locations and climes to the old favourite, but very few of the problems with oversupply, depression, recession and property price drops.
The ranking from 4th to 10th place is as follows:
4. Italy
5. Turkey
6. France
7. Cyprus
8. Greece
9. Bulgaria
10. Australia
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