2 Million Dollar Bills

5 Around the World Property Hot Spots

As far as I’m concerned the property market in Britain is going to come crashing down at some point in the future. Whether it will happen this year or next year, I cannot predict, but it will happen.

I personally feel that property prices in the UK are at crazy levels and a crash is inevitable, because of this I feel that we need to start looking further a field if we want to invest in property. Also because the UK pound is so week against the Euro at the moment, I wouldn’t even go to a Euro country on holiday, let alone buy or build a property in one of those countries.

But all is not lost, for the adventurous and the brave, there is still various countries around the world that are worth taking a look at. I have put together a list of 5 countries, which I feel offer the opportunity for property investors with vision.

Barbados: Buying or building a property in the Caribbean in general offers potential, but Barbados in particular offers great potential. Barbados is a small island with fairly strict building regulations and limited space. The tourist season in Barbados, virtually lasts the whole year, rental incomes and capital growth offer good returns.

Barbados doesn’t just offer potential for the seriously rich, buying a property in an area like the platinum coast or next to the Caribbean Sea, may be for the millionaires of this world. But from personal experience I know of plenty of fantastic opportunities for people looking to buy land and build their own property, further inland, but still with fantastic sea views.

My company Awaken Paradise Property Consultants offers a superb, reliable, honest, service where we oversee the whole process of finding land for you, (if required), and the building of your property. For any enquiries contact me at info@awakenparadisepropertyconsultants.com

Malaysia: Property is currently in the early stages of a promising growth spurt here. Due to a strong economic climate and new government policies to encourage foreign investment in real estate in Malaysia, many worldwide property purchasers are currently looking to Malaysia as a lucrative property market in which to invest.

An already robust tourism sector is now spawning a secondary holiday home market, which further boosts the strength of the property market and opens up many new investment opportunities to property purchasers in Malaysia. The Malaysian property market offers a good mid range investment opportunity to international property purchasers seeking reasonably priced real estate with sustainable growth potential in both the residential and tourism sectors.

Egypt: The Egyptian property market in is gathering up steam and riding on the success of an ever-growing tourist economy. With great holiday and investment appeal, the investment potential in Egypt property today offers purchasers excellent returns.

Egypt is turning the heads of international property purchasers looking to buy into an exotic, historical and beautiful country with a warm climate and a booming tourist industry to match. Egypt is a fascinating tourist destination with history dating back to around 3200BC and the warm waters of the Mediterranean and the Red Sea attract divers worldwide. As a tourist destination with many possibilities to suit all interests, Egypt attracts increasing numbers of visitors and property buyers alike who come here to reap its many rewards.

An increasing number of visitors are buying into luxury apartment complexes in the major holiday hotspots, safe in a strong belief in the current Egyptian government’s commitment to further economic growth and stability.

Panama: A highly prosperous financial sector, tax incentives and continued growth make Panama an exciting overseas property destination.

• The fastest-growing economy in Latin America (The International Monetary Fund)
• The most globalized country in Latin America (Latin Business Chronicle)
• The fastest-growing tourism market in Latin America (The World Tourism Organization)
• Number 2 best place in the world to retire to (UK Online)

Such accolades indicate an outstanding market in which to invest in property and the amount of construction going on in Panama City bears witness to an enormous demand for accommodation, both commercial and residential, in this busy city.

Thailand: The relatively undiscovered nature of Thailand means that property prices in Thailand remain well below those of other worldwide locations. Thailand property provides a profit-rich environment, boasting some encouraging capital growth figures of around 10-15% per annum. Today, many buyers are discovering the great potential Thailand offers as an excellent real estate investment opportunity.

The key drivers behind the Thai housing market are the rapid economic growth the country is experiencing and the expected increase in tourism that Thailand will undergo as a direct result of further property development. Despite the terrible Tsunami disaster of 2004, the Thai property sector seems to be less damaged than anticipated with only a 31% drop in property transactions since the disaster. What is more, real estate prices have continued to rise in sought after locations and high quality projects have reported increases in sales over the past 3 months. The country has been keen to encourage tourism and overseas investment, particularly since the Tsunami disaster.

Thailand is often considered to be the “Spain of the East” as it has long been the most popular Asian tourist destination. Tourism figures are very near the level they were at pre-tsunami and investment in high-demand tourist areas is a highly attractive option for property purchasers and buy-to-let investors alike.

If you do decide to take on the challenge of investing in property abroad, you must do your research and then do some more research, it is a dangerous world out there, which is full of sharks that are wating to take your hard earned money from you.  For the those of you that are smart and  are prepared to put the time and effort into doing the research and finding the right opportunities there are some luctraive rewards waiting for you.

 For some really great and useful information relating to various aspects of the property market I would recommend  taking a look at The essential guide to Home Information Packs for Buyers

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