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Brits Looking to Move Abroad Still Look at Bulgaria

Friday, Feb 26, 2010

Bulgaria continues to be among the top destinations for Brits, who are looking to move abroad, shows statistics from a property website.

Spain, France and the US were the most searched-for destinations, while Cyprus, Turkey and Bulgaria, which registered the highest monthly increases of between 55 % and 60 %, found their way into the top ten, according to the latest Primelocation International Search Index.

The index showed that enquiries after international property rose by 134 % between January 2009 and 2010, while searches were also up by 25 % between December 2009 and last month.

Adam Samuel, director at Nubricks.com, said that although enquiries are definitely increasing, landlords building insurance policyholders should not take that to mean the market is booming.

"We need to be cautious about what that means in terms of actual recovery. A lot more people are looking at what is available and considering where to invest," he commented.

Source: novinite.com