EXCLUSIVE: Interest from overseas buyers and investors in Thailand property declined during September, according to a leading U.K.-based property portal.
Rankings in the monthly ‘Top of the Props’ Index published by TheMoveChannel.com revealed interest in Thailand dropped last month.
Thailand was ranked as the 26th most-searched country by overseas property buyers, down 22 places from its August ranking.
In recent months Thailand’s ranking was recorded as 25th (June), 27th (July) and 4th (August).
September’s ranking equates to a 0.13 percent of all searches on the overseas property portal.
Whilst this could be worrying news, the rankings are largely based on listings of Thailand property on the website so it may equally be viewed as a decline in advertising of property on the leading British overseas property portal.
Thailand is no longer the most-searched destination in Southeast Asia for overseas buyers and investors, with
Indonesia ranked ahead of the Land of Smiles in 22nd place with 0.22 percent of all searches.
The popularity of French property is at a 20-month high, reveals TheMoveChannel.com’s latest Top of the Props index.
Making news during September was France. It was the second most sought-after destination and the first time it has ranked number two in the Index since January 2016.
France accounted for 4.86 percent of all enquiries.
The United States of America reclaimed the number one position, with 8.58 percent of all enquiries on the site.
Investor interest from overseas property buyers also climbed in Mauritius, Brazil and Turkey, according to the Index.