Places to invest
Despite there being a credit crunch, life still goes on for property investors, which is more than just investing in bricks and mortar. it’s looking at the country’s bigger picture.
It is always advisable to visit the country where you would like to put your money, rather than relying on textbooks. You actually get a feel for the place, and can see where the market is heading. Study the economic and political climate and look for stability. Bucharest is becoming one of Europe’s emerging markets. Like with most property, long term investment can be a sure winner. Look out for Properties that can get you high rental yields and real rental guarantees. Again Bucharest comes out tops, especially with retail parks. These are becoming very popular amongst shoppers. A 35% deposit is what is required, but the completion process can be lengthy.
Mirleft, a beautiful coastal fishing village, not far from Agidir in Morocco is no longer untapped. With a 30% deposit and 70% mortgage, you will be able to buy an apartment and rent it out based on a nine year rental agreement.
According to Ready 2 Invest, land is the best form of investment, and they rate Bahia in Brazil one of the best places for land investment with a 30% deposit and 70% finance. Their site shows the latest hot-spots for investments and provides events and seminars throughout the UK and Europe, as well as more informative information.
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