Web searches for Turkey up 154 pct
Güncelleme Tarihi:
Hürriyet Daily News
Oluşturulma Tarihi: Mart 31, 2009 00:00
ISTANBUL - British second-home buyers have dropped the United States as a preferred destination, according to the propertytalk Live! Web site.
This is evidenced by a 57 percent slump from 7.73 percent of overseas property searches in January and February 2008 to 3.33 percent in January and February 2009, according to statistics from PropertyIndex.com.
The average house price searched by Brits in the United States dropped from 895,170 euros in January to February 2008 to 503,473 euros in the same period this year.
Recession-hit Brits search for overseas property
Spain has become the winner with recession-hit Brits with a 26 percent leap in overseas property searches, jumping from 18.6 percent of all overseas property searches in January to February 2008 to 23.4 percent for the same months this year.
But the average house price of properties searched in January to February 2008 in Spain dropped from 489,987 euros to 334,020 euros in 2009. Another surprise winner was Turkey, where searches increased by 154 percent in January to February 2009 at 7.18 percent compared with the same two months last year with 2.83 percent of searches.
The average house price searched in Turkey jumped from 74,720 euros in January to February 2008 to 90,155 euros in 2009.
Losers include France, which dropped from 18.95 percent to 13.24 percent of property searches over the same period, while Greece dropped from 5.37 percent to 2.83 percent.
The overall average house price searched across all countries dropped 9.4 percent from 227,680 euros in January-February 2008 to 206,218 euros so far this year. PropertyIndex.com is the United Kingdom’s largest database of overseas property listings and lists more than 150,000 properties abroad. Several experts point out that these searches may just as well lead to new trends in te real estate market.
The average house price searched by Brits in the United States dropped from 895,170 euros in January to February 2008 to 503,473 euros in the same period this year.
Recession-hit Brits search for overseas property
Spain has become the winner with recession-hit Brits with a 26 percent leap in overseas property searches, jumping from 18.6 percent of all overseas property searches in January to February 2008 to 23.4 percent for the same months this year.
But the average house price of properties searched in January to February 2008 in Spain dropped from 489,987 euros to 334,020 euros in 2009. Another surprise winner was Turkey, where searches increased by 154 percent in January to February 2009 at 7.18 percent compared with the same two months last year with 2.83 percent of searches.
The average house price searched in Turkey jumped from 74,720 euros in January to February 2008 to 90,155 euros in 2009.
Losers include France, which dropped from 18.95 percent to 13.24 percent of property searches over the same period, while Greece dropped from 5.37 percent to 2.83 percent.
The overall average house price searched across all countries dropped 9.4 percent from 227,680 euros in January-February 2008 to 206,218 euros so far this year. PropertyIndex.com is the United Kingdom’s largest database of overseas property listings and lists more than 150,000 properties abroad. Several experts point out that these searches may just as well lead to new trends in te real estate market.