What Are The Best Places To Invest In Real Estate; Full Guide 2020
As you probably know, The International Property is one of the most popular options among investors. In fact, the reason is simple; because investing in real estate is the best way to generate cash flow. Here are some of best places to invest in real estate in 2020. Read this to the end…
Dubai is the No.1 place to invest in real estate in 2020. There are a couple of things making investment in Dubai among the worthiest ones in the world. Buying a property in Dubai not only is a profitable investment with high returns, but also brings you enormous benefits.
First of all, buying property in Dubai can be a platform towards Dubai Residence Visa. Besides, tax-free businesses, highest levels of safety, low levels of crime, world-class infrastructures and also excellent living conditions are other benefits of buying property in Dubai.
Where to buy property in Dubai 2020?
This question is asked very often. There are different neighborhoods with different features in Dubai. Most of these neighborhoods provide world-class amenities required for a high-standard living. Palm Jumeirah, Dubai Marina, Downtown Dubai, The World Island, and Jumeirah Village Circle are the most preferred areas.
By far, Panama is one of the best places to invest in real estate. This beautiful country offers agricultural opportunities as well as apartments for rental to investors from all around the world.
In Panama, yields continue strong. They aren’t as strong as they were a couple of years ago, but still Panama is one of the best options.
It is interesting to note that the property market of Panama has been stable and growing during the past few years, even while other markets in this region experienced a collapse. Argentine, Colombian, and Venezuelan buyers are the key players in this market.
Also, productive lands in Panama are the second big opportunity for making money in 2020.
Brazil is the land of many different property markets with some more interesting than others. Fortaleza is one of the best areas in Brazil to focus on. It is a coastal region and also a perfect destination among Brazilians. Rental of around 8% in local holiday market makes investment in this area highly profitable. An investment in beachfront along this coast also can be a great option to make money.
Good returns in addition to a weak currency make this country a desirable choice for investment in real estate in 2020.
The Dominican Republic is enjoying increasing foreign direct investment as well as continued strong growth. Many travelers come to this beautiful country to get in on the country’s economic boom pass.
Meantime, tourism figures continue to impress, as well; more than 6.2 million tourists visited this country in 2017.
A furnished apartment for either of these markets— the holiday-goer or the business traveler—can be a great source of cash flow.
Thailand is famous for agriculture primarily, but this country also deserves attention for its expanding tourism industry and strong economy.
In Thailand, some restrictions are in place that affect the way foreigners can own property. Foreigners are only allowed to own land leasehold.
Foreigners also can own condos freehold on a condition they don’t own more than 49% of the total area of the condo building.
This is why most foreign investors focus their attention on condo market in Thailand. A condo is not only cheaper, but also is easier to manage than an individual property in terms of rental.
In 2018, Bangkok was the number-one visited city in the world. This city last year had more visitors than Paris and London. Again, that’s worth the investor’s attention.
Since 2015, Portugal is one of the best places to invest in real estate. There are some neighborhoods in Lisbon offering value and opportunity, especially if you’re up for a renovation project.
In 2020, the lesser-visited areas along the Algarve Coast and the Porto region north of Lisbon are recommended. Portugal is a country where a non-resident can easily get a mortgage.
The Paris real estate also is another worthy market to look at. In Paris also, like anywhere else, prices go up and down. However, a piece of Parisian real estate is a sure source of long-term wealth.
One of the most appealing features of Paris is that it is an amazing place where foreign investors are eligible for in-country financing. Interest rates in France are historically low at less than 2%…with loan-to-values as high as 85%.
Put concerns about the drug cartels aside. Mexico is a top destination among Canadians and Americans not only for tourism, but also for retirement. The eye-catching country is also enjoying good growth in terms of local tourism market.
All of these come together to make Mexico an excellent choice for a property rental investment. Best markets include Playa del Carmen on the Riviera Maya and Puerto Vallarta on the Pacific coast. In both of these popular towns, a property can create an excellent yield. Besides, Mexico offers financing options for non-residents.
Turkey has been always considered as a good option among investors from all around the world. Stunning landscape aside, Turkey offers a lot of benefits to investors.
In 2018, Istanbul was ranked as the 9th most visited city in the world. It was after cities like Paris, London, New York, and Tokyo, but better than cities like Berlin, Barcelona, Rome, and Los Angeles.
As well as tourism growth, Turkey is enjoying strong economic growth. This is mainly because of middle class expansion and population increase. So, tourism rentals and student rentals are appealing options for investment in turkey.
Low cost of entry is one of the biggest selling points for these investments in Istanbul. A rental unit in this market can be a profitable investment on a budget.
Turks And Caicos
At the other end of the budget spectrum is the amazing island of Turks and Caicos.
Some may disagree this is one of the best places to buy real estate. Most of the investors tend to invest in properties with less prices.
This is because they say long-term rents for a high-end house don’t generally reflect the premium price of the property.
A luxury property in the Turks and Caicos can be an exception to this rule. In this Caribbean market, earning a rental yield of 8% is totally possible even from a high-end investment. More interestingly, banks in this beautiful island lend to non-residents that is a benefit!