European countries 'popular with British buyers'
Most overseas property buyers from the UK are choosing to invest close to home, a new study has found.
Research by Holiday-Rentals showed that European countries were the most popular options for British buyers, especially EU nations such as France.
Portugal, Italy and Spain were also cited as favourite locations for foreign property investors, although many were said to be looking further east.
In particular, Montenegro was named as a highly popular investment option and a country that had seen a recent surge in the number of rental property buyers.
Figures from the firm showed that the number of Montenegrin properties it had listed for tourists was 113 per cent higher than at this time last year.
This suggests the profile and popularity of the country is rising at a particularly fast rate, potentially making it a good investment opportunity.
Last month, the Makfax news agency cited official figures showing that the number of holidaymakers visiting Montenegro between January and September was 20 per cent higher than during the same period of 2006.
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