Cyprus 'still popular with investors'
Friday March 20th , 2009
Cyprus is still a popular destination for those considering overseas property investments, according to new figures.
A recent study conducted by investment website Homes Overseas indicated that the country is now the eighth most popular location for potential buyers.
However, Portugal topped the list of online searches conducted by foreign buyers, holding off competition from its neighbour Spain, reports axiafx.com.
The Iberian nation has increased in popularity substantially, being at fourth place on the table just two months previously.
"Long stuck in Spain's shadow, Portugal is now the most searched for destination to buy a home abroad," the website stated
"In spite of the global economic downturn, Brits' appetite for property overseas remains firm."
Hundreds of homes for sale in Cyprus and Turkey are set to be on display at international property convention A Place in the Sun Live - which visits London's Earls Court from April 3rd to 5th.
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