Wednesday, April 29, 2009

Spanish property is the most popular overseas property searches

Spanish property is the most popular search on the portal despite difficult economic conditions and significant falls in the value of Sterling, according to primelocation.com.

According to the data released by the website, Spain attracted 300,000 searches in February, some 60,000 ahead of last month's most popular country, France (238,729). The USA held on to its third position with 153,912.

In another research from UK Wordtracker database, which listed the 101 most popular search phrases online in the UK in 2008 - analyzing over 200,000 search requests and revealed that Spain, as a whole, came top of the list accounting for over 10% of total searches.

Although the Costa Blanca (5th) and Costa del Sol (23rd) were the most searched-for regions, the popularity of the Canary Islands has considerably increased, while the towns and cities of Tenerife (8th), Murcia (9th), Marbella (11th), Mallorca (10th), Torrevieja (12th), Fuerteventura (15th) and the Costa Almeria (18th) all attracted a strong level of interest last year.

Paul Owen, CEO of the Association of International Property Professionals (AIPP) said "Some may be surprised to hear that Spain is still at number one as the primary destination for Britons buying property abroad, However, our figures show it is still the favorite destination for the British buyers; even a 6% decrease in purchases did not manage to knock it from top spot."

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