The company suggests that these Mediterranean countries may become more popular for keen British investors following last week's EU announcement that they are to adopt the euro currency in January 2008.
HiFX also reveals that the number of Britons who have made enquiries about properties in Cyprus and Malta has doubled over the last 12 months.
Mark Bodega, marketing director of HiFX, says "We predict the property market on both islands to continue to grow due thanks to a number of reasons."
He alluded to the legal system in Cyprus, which he described as "easy to understand" due to it "being based on the English one".
Furthermore, Malta "boasts far lower taxation than the UK and there are no annual council or property taxes", Mr Bodega added.
According to Chris Richards, Overseas Property Centres, changes to VAT regulations regarding plot & land purchases my also fuel a property boom in Cyprus preceding Jan 1st, with 15% VAT to imposed on all land purchases.
Experts predicted that Bulgaria would become a property hot-spot for buy-to-let investors following the nation's entry to the European Union at the start of 2007.
