A massive change in the value of the dollar, combined with soaring building costs is changing the face of the international property investment markets. We highlighted a few likely markets recently in “The Top Ten Property Investment Hotspots for 2008,” but thought another look around the world’s investment property markets was in order. Ahmed believes the Panama property bubble is about to burst, but my feeling is there are a few more good years to be had from this market and properties such as the Trump Ocean Club under construction in Panama City will be a good earner. My feeling is the Hotel/Condo arena is the way to go in emerging markets. And with a few exceptions down in Florida, anything with “The Donald’s” name on it is a good bet. Of course, when we talk about Panama real estate, we are talking about Panama City only. The rest of the country has yet to see the sort of infra structure needed to support these sort of developments.
Brad pitt and Angelina Jolie have reportedly invested in Dubai’s The World offshore development. According to sources in Dubai, the Pitts have bought an artificial island of their own to “encourage people to live a greener lifestyle,” *chokes on his coffee*. Why they can’t just coma out and say, “we want to make money investing in international property ,” is beyong us.
Slovenia property for sale is becoming popular with overseas property investors looking for overseas property investment. Slovenia property investment has become more popular than ever, since Slovenia was named in the top ten countries in the world in terms of property investment – with forecast growth of up to 280% over the next 10 years.
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Ups:
A slow down in construction has led to buying opportunities. From the Financial Times.
A couple transforms a building on the Greek island of Poros. From the New York Times.
Spain’s soaraway property market has ended its decade-long boom, new figures show, with prices falling for the first time in many parts of the country.
In the country as a whole, prices inched up by just 0.3 percent in the third quarter of the year, the smallest increase since 2000. But prices fell in 13 of Spain’s 50 provinces, including many popular with British homeowners.
Wander around Kuala Lumpur, in the shadow of the mighty Petronas Towers, and it’s clear that Malaysia, which celebrates half a century of independence this year, is going places. You can forget those colonial images of mile after mile of sleepy rubber plantations; five years from now Malaysia will be importing rubber from Thailand. In KL, the capital, in particular, there is a prosperous, fast-growing middle class needing property. But Malaysia also has a Second Home Programme, aimed at people from overseas thinking of retiring to the country.
This is a collection of weird and unusual properties currently for sale around the world. If you like what you see here, please “Digg” or “Stumble” or post to your favorite social bookmark site. Thanks.
We ran a photo series recently on the Palms Dubai development. And something came to our attention that we hadn’t really noticed when we’d been researching the article – there are no people in the photographs. Now that could have been just a factor of timing, but further research has shown that somewhere in the region of 90 % of the development has been sold to property speculators who have no intention of living there. Whilst this is certainly an ambitious project, we do wonder what the long term effects both on the local marine wildlife and also the human immigrants, if any.
Home buying for most people is one of the largest financial transactions they will undertake in their lifetime. Although you may own a house in your own country, buying a property in a foreign country is quite a different matter. Many people, who would like to purchase property in Greece, find that the Greek real estate market can be a mind-boggling experience. At first the property purchasing process seems to be a very complicated one. Approaching the problem of buying a property step by step shows that it is not that hopeless.
More on Buying Property In Greece: 10 Top Tips to help your house purchase go smoothly
This fascinating thrill ride is filled with all the twists and turns of exciting information, so be sure to hold on for this bumpy ride!
America’s slumping real estate market has been making headlines for some time now. As regions that once saw incredible booms now face tangy home estimate corrections, many British and international investors effective in currencies other than the US money find themselves wondering if investing in real estate in the land of the stars and the stripes is evaluate the gamble.
More on Ways to Profit From The American Real Estate Market Slump
