Confused and need help on where to invest in the many emerging markets!

[10crew]

I like Argentina. In fact, we liked it so much when we visited a couple of months ago that we're buying an apt. in Buenos Aires.
Also, been looking at Uruguay and Nicaragua but there aren't a whole lot of projects without going out there again to look. Been looking at markets where US retirees might be relocating to in future.
Unfortunately, you need cold hard cash to buy in Argentina b/c there's really no decent mortgage financing but at least it's not a speculative property bubble...yet. I also feel more comfortable with the culture, language than in let's say, Malaysia, Thailand, Egypt.
Been concentrating on researching city investments to get a year round rental as opposed to the 3-4 months holiday rental.
Depends on how much you want to invest. B/c of the low dollar I would also look into NYC which is sort of a market unto itself unlike the rest of the US, but entry prices can be high.
Would like to hear other suggestions/projects

[EM Concepts]

Hi 10 Crew,

We have been researching that part of the world for 2 years now - Argentina looks good, generally because it is a very popular place to live, but watch out for inflation - Currently corrupt gov figures show this at 8% but real underlying inflation is 20% - The popularist government does not have a stable monetary policy and only works for economic growth, to facilitate this they have been artificially pegging the Peso to the USD - The USD has depreciation has caused massive export demand for their agricultural produce and this has been pushing food prices up. If the peg fails then the peso will appreciate hugely. The problem with this is that most Argentineans hold USD due to peso distrust following economic collapse 2002 (however all food etc... is priced in peso's so everything becomes more expensive very quickly - hyper inflation??) and export demand currently giving argentina economic growth at 8-9% GDP per annum will fall quickly - another 2002 crisis? unlikely but be careful.

On the flipside a colleague who has been living in BA for 2 years has seen 9%ish cap appreciation per anum and with no shortage of retirees and fashonistas looking to move there, current average prices of $1500sqm rising to $2000sqm in Palermo will not break the bank for them. This gives you a good exit avenue.

A great place to read all about Argentine economics and real estate is Reynolds Propiedades Argentina | Página de Inicio - local agents.

Much more to my preference is Uruguay - not completely shielded from inflation but the currency floats freely and the situation is not brushed under the carpet as in Argentina.

On top of this tourism numbers are rising at 20% per annum (Argentine and Brazilian demand)

It is the safest country in Latin America

No exposure to consumer borrowing (as in Argentina)

75% of population own property - so any prices rises increase local wealth

It has almost the lowest cost of living.

Very Spanish climate/ European Culture.

Prices are less than even remote parts of Brazil, and yields net 10% even at the moment.

All in all truly an amazing country - hard to see it not becoming a major retirement haven in the years to come...

Our project is Sugar Loaf Uruguay (ocean club and spa) $845sqm - finished villa and land ownership.

Please send a private message if would like more info.

[Sally-Anne Brown]

We Have Projects That You Will Find Of Interest, Please Follow The Link Below For More Information . . .

[romanian_property]

Hello Deep

We are real estate agency from Romania: Romania-Property.eu

We have many real estate offers, plus we collaborate with one of the biggest Romanian law firm RoLegal and we can assist you in any other investing perspectives as well as legal matters. You can send me a PM if you are interested.

Cheers

[Marcus Ng]

Originally Posted by Deep

Hi
I'm new as an investor abroad and have only limited my investments to the UK so far. I now feel its time to start investing abroad but i'm having difficulty on where to do this!
I've done some research so far and have come up with:
Romania,
Brazil,
Argentina,
Abu Dhabi and
Kuala Lumpur as the next big property hotspots!
However, looking through this site there seems to be even more than these!
I'd like to know your top 5 countries for investing in as of April 2008 and why.
I'm mostly looking for properties with a good yield (a minimum of around 6%) and potential capital growth within the next 3 years.
Any help would be greatly appreciated!
Regards Deep

Hi

Maybe you can take a look at singapore property.

I am working as realtor in singapore

Would like to send a market report for singapore , how can i do that?

With the first F1 night race in sinagpore, the market is still hot

[PropertyJack]

First post. Deep - we sell property around the world.

6% yield and cap growth in 3 years is hard to find but we do have a section on our web site just for investment property. Just search for 'Overseas Property centres' and click on 'Investments'.

We have plenty of property with yields that high and higher.. and there are many deals that offer guaranteed incomes for 12-36 months. Best bet for capital growth in the medium term and a good real yield has to be Berlin still. I would look at high quality resort type stuff in Central America (Panama, Nicaragua, etc) because (in my opinion) the USD is going to get stronger v the GBP and EUR. Also SELECTIVE property in Florida (make sure it's in a vacation rental zone).

We also have property in Spain available WAY below list price - you should call us on 0845 257 3737..

PropertyJack - Overseas Property Centres (London & Birmingham)

[David howe]

[QUOTE=PropertyJack;72676]First post. Deep - we sell property around the world.

6% yield and cap growth in 3 years is hard to find but we do have a section on our web site just for investment property. Just search for 'Overseas Property centres' and click on 'Investments'.



We have no problem finding 6% yield and cap growth in 3 years, unlike many agents we are based in the market we sell and therefore have a better understanding not to mention an a proven track record with references available.

David Howe LLB. LLM

INVESTMENT ROMANIA - Investment in Romanaia, Property management, Due diligence, Renting in Romania

[Mendozaproperty]

Hi Rammah
Argentina is definately on my list!! It has been since 2004 when I moved here. There are a number of property options: Buy rental properties in BA or one of the other larger cities like Cordoba or Mendoza. Or more fun buy land here in the grape growing region of Mendoza...property is appreciating around 15-20% per annum and being fed by lots of articles in foreign press. If you have access into the wine distribution network overseas your returns can be very high indeed.

Neil

[DubaiMortgages]

Be careful when buying of damac, they are overpriced by 20%. Hence why 95% of their sales come out of the UAE.

[Rammah]

Originally Posted by DubaiMortgages

Be careful when buying of damac, they are overpriced by 20%. Hence why 95% of their sales come out of the UAE.

Absolute nonsense!

1- who told you 95% of our buyers are out of the UAE? That's a purely irrational claim and has no connection with reality.

2- We're NOT 20% overpriced. We are more expensive that other developers in the market because we give a lot more quality and service to our investors.
For instaqnce, if you go to rent a property in the Marina, you'll pay 20% more to have a DAMAC unit. Therefore, if DAMAC investors paid 20% more when purchasing, they get that money back in their rental yields, as well as when re-selling since our Brand has a strong value by itself, which most competitors who you are probably comparing us to are nowhere near it!

Lexus price is double the price of a Toyota. This does NOT mean that Lexus is 100% overpriced! Only ignorance or jealousy can allow people to throw such statements!

Regards,


Rammah