With fly-to-buy becoming ever more popular, 14% of UK property investors are now considering investing in property overseas, according to research carried out by Zurich Insurers.

Of the investors who took part in the survey, 46% said they were contemplating buying property in Western Europe, while 31% said theyd prefer to expand their portfolio in Central Europe. The USA and Canada was highlighted as the third most popular region for property investment. While only 4% said that they would consider investing in Latin America, deeming the region least popular.

In terms of where investors feel the best rental yields will be achieved, 44% feel that Western Europe is best equipped, while 29% said that Central Europe would provide the best overall returns.

Richard Elliott, Head of Zurich Property Investors, said, "it is encouraging that investors still seem buoyant about prospects in this sector."