Best investment real estate locations?

[LostAngel22]

If you had US$200,000 to invest in real estate. which locations would you choose to invest for best short term and best long term investments?

[Investy]

Such a huge question!

I look for:

1) Exit route - if I sell tomorrow, who will sell it for me, who will buy it, is there tons of new build that will attract people away from my 'second hand' property

2) Renting - so many investors get caught out here. Look at the rental season, consider capital cities for 12 m rent. Ok you might buy in Romania but what choice of English speaking honest rent agencies are avilable?
How honest is the host country? How complex - in Bulgaria you must set up a company - this is inviting trouble, complexity and hidden un capped costs

3) Re - patriation of funds. Try getting your profits out of some countries, it can take months, even years, so is a big consideration

4) National GDP growth - is it on the rise or has it already risen for year meaning the scope to extract profit is limited?

5) Demand. Estonia has the lowest population density in Europe (5 x lower than Denmark) so buying in the right location is absolutely vital or you will see no capital growth.

6) Tax and state interferance. Imagine getting on - going documents from the state in a foreign language often involving complex Tax / Banking issues. How will you deal with this? Many translators are'nt adept at translating Bank statements etc

7) Political stability - obvious really.

8) General honesty. Its the easiest thing in the world to pretend you are the owner of a property and steal the purchasers funds. Great care is needed in areas where fraud is a way of life.

My top areas:

Morocco (Med coast only - short flight times). The Governments Plan Azure resorts for a secure investment.

Germany - may not be sunny, but then nor is the UK. Its all about returns.


Poland. But avoid central city areas that have already had the good growth and watch out for fraud. You may be shown an appartment and later find the one you actually bought was next door.

[rossita]

Hallo,
you can check easyBG web site.It is British-Bulgarian company and we can help you to find your place for investment.Our web site is Property for Sale in Bulgaria, Bulgaria Property, Bulgarian Property, Properties in Bulgaria, Bulgarian Properties

[www.goldbergglobal.com]

Investy makes some good points. Lost Angel there are many questions that need asking. eg. Where you are from, what are your goals, what levels of returns to you want, what level of risk, it is a very open question, and why does it have to be property if you are simply looking for an investment, do you want income or capital growth, you have to more precise in what you want to find in order to find it. regards and good luck, you can email me on darren@goldbergglobal.com if you wish to talk further.

[AustralianInvestor]

Hi Investy,

I have a question for you, I quoted your lines below. My question is, what about Dubai? Would Dubai also be a good investment? Or has it already completed its boom?:-

My top areas:

Morocco (Med coast only - short flight times). The Governments Plan Azure resorts for a secure investment.

Germany - may not be sunny, but then nor is the UK. Its all about returns.


Poland. But avoid central city areas that have already had the good growth and watch out for fraud. You may be shown an appartment and later find the one you actually bought was next door

[TH4S]

equitycreditt,

If you have nothing of interest to post. please do post not at all,

[Fizzypopp]

I think Dubai has plenty of room to go - especially in the Commercial sector. As so many companies are moving in from all over the world as this is an increasingly popular centre for world commerce you will find that the single unit investor or private vacation home purchaser will be replaced by the company executives looking to buy nice property or rent out. Hence why the better locations and higher spec property will still be an attractive bet fro some time. If you look at London UK, Hong Kong, New York, all financial centres the prices have continued to rise.

I can give you some insider information if you wish.

Good luck.

Paul

[AustralianInvestor]

This might sound like a really stupid question but Dubai is the capital city of United Arab Emirates, which is apart of the Middle East. How does the current civil wars in the Middle East effect UAE as a country, is there a high chance of a civil war in UAE as well? UAE is also next door to Iran, Iran and their nuclear projects have been under major scrutiny by the US, what if a war breaks out in Iran, how would that affect UAE and Dubai's property market in the near future?

[FlexiBox]

HI AI,
Not a stupid question but a very pertinent one I think. Investors can't be blind to the geo-political situation in the area. I would also like to know what Middle East investors are thinking about this. What kind of incident would it take for everyone to decide to sell at the same time.

I know Dubai is different, independant and very forward thinking to factor in when the oil drys up BUT still it is a concern to me. Other areas like Europe (Germany) and Morocco are looking more attractive in my opinion.

[www.goldbergglobal.com]

I think to start with Abu Dhubi, is the capital of UAE rather than Dubai.
Obviously there are major imlications throughout the Muslim world, whenever there is war. Iraq and impending Iran. Yes to invest in the middle east Dubai or where ever carries political risk. Or any Muslim country, remember the bombings in Bali to Eqypt, markets are always in risk where there is tension in a region, and there will always be tension as there is different religions. Remember Turkey borders Iraq, again both muslim. Europe is predominately Christian and thus has a different set of rules of living and investment.