Property investors are increasingly looking to the Asian markets, new figures have shown.
The data from Knight Frank showed that six of the ten biggest risers in 2010 were in Asia – statistics that could see buyers use the services of a foreign currency money transfer firm.
BuyAssociation editor Paul Collins explained that while traditional favourites like London and New York remain popular, investors are becoming more adventurous.
"We have certainly seen quite a bit of growth in the far-eastern and Asian markets," he said.
"There seems to be buyers with cash to spend and they are looking at their overseas property markets as being a good place to invest."
Among the highest risers were Shanghai, Mumbai and Sao Paolo, while Monaco remains the most expensive place to buy luxury homes.
Mr Collins added that countries around Europe and places in the US can also be great destinations for those buying property.
Posted by Emmanuelle Addy