Top International Property Investment Locations - Part 2
Top International Property Investment Locations - Part 1
4. Property in South Africa
While the South African economy has been through its ups and downs, it is now classified as a middle-income country, and has abundant resources and developed financial, communications and investment sectors. The South African property market has become popular with overseas investors in recent years, partly due to favourable tax incentives and has seen significant growth in cities like Cape Town. Although the 2010 World Cup did not lead to such a significant increase in overseas home ownership as expected, it is still a popular destination, and a growing economy. You should expect to pay between £200,000 to £300,000 for a family house, and there are a range of options available from commercial and residential real estate to building plots.
5. Property in Norway
Norway has a very strong economy, and ranks as the second wealthiest country in the world with the second highest GDP per-capita. The Norwegian property market is seen as safe, and stable, due to the stable political, economic and legal conditions and is consistently outperforming the Oslo stock exchange in growth. On the flip side, Norway is possibly one of the most expensive investment locations, with house prices and living costs both being very high. Norway can be the perfect location for property investment if you have the financial means, and if you are a cautious investor looking for a safer investment option.
6. Property in Australia
Australia is among the world's strongest economies, has a high GDP per capita, and thus a stable and growing investment market. Although some experts are warning that the property boom could slow down in 2011, Australia can still offer good investment opportunities. Buying a property is relatively easy and is a transparent process, there is a high rental demand in the most popular areas, and investment markets are generally low risk. Some emerging locations are Perth and north Queensland. While property prices can be high, the Australian real estate market offers relatively safe and long term property investments.
Whether you are a beginner investor looking for your first investment property or a seasoned investor with a diverse portfolio, overseas locations offer the most varied opportunities. While the USA property market would be a good option when on a lower budget or looking for portfolio diversification, investment properties in Norway could be more ideal if you have a larger sum to invest and would prefer very low risks.
Belgrave Group offers investment properties in the USA, in Atlanta and Detroit. If you are looking for BMV properties and discounted properties in the USA, read more about our investment locations, sign up for our newsletter, and contact us for more information.
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