Thursday, November 20, 2014

Top 10 international places to invest in real estate


  • Photo courtesy of Shutterstock
    If you could buy prime beachfront property at a bargain price, wouldn't you?
    Finding a steal in the U.S. is probably not going to happen. Housing affordability is diminishing, and in some markets homes are even less affordable now than they were in the heyday of the housing bubble. So investors, retirees and adventurous buyers are looking internationally for options that offer a better bang for their buck.
    Homebuyers open themselves up to more options and a larger range of price points when they're willing to look in countries other than the U.S. Plus, if a foreign market is experiencing rapid growth, there's a greater likelihood that buyers will get a large return on their investment.
    But house-hunting abroad comes with its own set of hurdles. Namely, home financing is a very different process outside our borders. Interest rates can be higher and in some places down payments need to be larger. Also, buyers used to scrolling through listing websites won't find as much luck finding properties as they would in the U.S. -- many other countries don't have the multiple listing service to catalog available properties. And of course, there are language and legal barriers to face.
    If you're considering an international investment property, step one is to find a good real estate attorney who understands the country's laws, especially if you're not fluent in the local language.
    But if you're ready to take the plunge, consider these 10 places where your return on investment could be as nice as your coastal view. We worked with Live and Invest Overseas, a publication and research company specializing in international living, to determine the best international property buys for 2014. In culling the list, the firm considered many factors, including market events, currency fluctuations and tourism.
    Take a look at this list before you start packing your sunglasses.

     http://www.cbsnews.com/media/top-10-international-places-to-invest-in-real-estate/

0 comments:

Newsletter Archive

Newsletter Archive
Newsletter Archive

About Me

My Photo
Cross Border Investment / Hipotecaria CBI
Have you wanted to own a vacation or second home in Mexico but thought it was out of your reach? For the past several years, foreigners have been able to purchase properties in Mexico using a traditional mortgage! Cross Border Investment provides premium financial services in Mexico – including mortgage brokering and closing coordination. At CBI, we work with you to select the top loan for your needs and we shop for the best deals amongst our lenders. CBI offers 99% of the loans available – we are your link to the lowest interest rates and fees, as well as the smoothest closing. Contact us today, and let CBI make your dreams a reality! -------------------------- Hipotecaria CBI está orgulloso de ofrecer 99% de las opciones de hipotecas disponibles. Trabajamos con Ud. para seleccionar el crédito hipotecario más económico de acuerdo a sus necesidades y escogemos entre las mejores ofertas entre los prestamistas. Póngase en contacto con Hipotecaria CBI para informarse sobre cuál es el mejor crédito para usted.
View my complete profile