Interest from Europe and the United Kingdom in overseas property investments in both Thailand and the Philippines improved during April, according to the monthly Top of the Props chart from U.K.-based property website Themovechannel.com.
Thailand, after climbing to a top-five spot in the middle of last year, was the 13th most-searched overseas property destination on the website last month, with 0.70 percent of all searches.
The Philippines, which overtook Thailand to hold the crown of the most popular destination for overseas property on the website in February, was ranked 14th last month with 0.61 percent of all searches.
Related story: Philippines tops Thailand
Thailand’s position in April was three places higher month-on-month while the Philippines rise seven spots.
Indonesia and Cambodia are the only other countries from Southeast Asia to feature in the top 50 of most-searched destinations on the website.
Elsewhere, the monthly survey revealed that property investors are still confident in the UAE market as it entered the top 10 destinations for the second time this year during April.
While developers in Dubai push ahead with their construction plans, buyers are also continuing with their property purchases. The UAE rose 10 places in April’s Top of the Props chart to seize 8th spot from Brazil, accounting for 2.39 percent of all enquiries on TheMoveChannel.com. Demand also surged for property in the Dominican Republic, which leapt 10 places into 9th place, accounting for 1.44 percent of last month’s activity.
At the top end of the chart, the United States remained in the number one destination, making up 11.96 percent of enquiries (down slightly from 13.45 percent). Portugal stole second place from Spain with its share of enquiries increasing to 4.49 percent, ahead of Spain’s 4.16 percent).
To read the full April 2016 Top of the Props chart click here.