Bulgaria Is Among The Investors Favourite Locations

Bulgaria, Turkey and France are the three countries set to see the biggest growth in demand among overseas property investors, a new survey has found.

Fly2let.co.uk reports that the NatWest International Personal Banking League of Buying Abroad found that 75 per cent of mortgage brokers expect to see an increase in the number of people looking to buy in Bulgaria in the next three years.

Turkey (56 per cent) and France (46 per cent) are also expected to see a rise in demand, it was found.

Portugal (41 per cent) and Spain (31 per cent) complete the top five locations predicated to be popular with investors.

Speaking to the website, Mike Freer, head of business development for the bank, said: "With the expansion of the EU, better transport links and an increase in low cost airlines offering cheap available flights to countries all over the world, the choice when buying abroad has increased significantly."

Last week, Louise Hall of Primelocation.com said that France and Spain will always be popular locations for UK property investors due to the large number of British tourists visiting the country.

(Holiday Lettings - Oxford,England,UK)