Thailand property interest picks up

12 Dec 2013

Thailand returned to the top 10 most-searched countries in November on one of the world’s leading overseas property portals – highlighting renewed interest in property investments in the Land of Smiles.

Having dropped to 11th in the October rankings on the Top Of The Props report by TheMoveChannel.com, Thailand jumped back into the top ten most-searched countries on the U.K.-based website for the fifth time this year.

The increased interested is undoubtedly a good sign ahead of the traditional high season in the Southeast Asian resort property markets.

Brazilian property secured its place in the world’s top five, according to the monthly report. As the world starts to focus on the country agead of next year;s World Cup Finals there is no doubt about where Brazil’s real estate is, with the country appearing in the portal’s top five most popular destinations for the sixth time this year

Demand for Brazilian property rose to a seven-month high in November 2013, TheMoveChannel.com’s latest Top of the Props report reveals. The Latin American country’s booming economy has seen investors flock to the emerging market in recent years. Indeed, Brazil has frequently ranked as a Top 10 destination since Top of the Props records began.

As the 2014 World Cup and 2016 Olympics draw closer, the potential for further growth has seen demand climb even higher. Brazilian property broke into the portal’s top three countries for two months in a row in February 2013.

Last month, Brazil accounted for 4.5 per cent of enquires, its highest share since April.

 

Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg

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