International Real Estate Investing
By Seth Joiner
More and more real estate professionals are realizing the potential and power
that comes from listing their properties for a global community and not just
their local communities. As the market of today turns from local investors to
investors from all over the world we will start to see and are already seeing
foreign investors coming into our countries buying up prized commercial and
residential properties while most people never realize what is actually taking
place.
Let’s take a of areas for example:
The San Francisco bay area is one of the most expensive areas in the USA and
since the devaluation of the dollar foreign investors are coming in and buying
up just about anything they can get their hands on from single family homes all
the way up to huge commercial properties. Why shouldn’t they? If the deal is
right and the numbers work, which they are working better now then they ever
have, now is a great time to buy in a great investment climate.
Argentina’s agricultural lands are being bought up left and right because the
price of oil is skyrocketing and the bio-fuel industry is looking to get up to
speed as quickly as possible. Also with populations growing at record speeds all
around the world and food costs are raising, feeding the world is a priority.
Again why shouldn’t they? Agricultural land is cheap, plentiful and the
government is stable to the point that foreign investment is possible and safe.
Central America is turning out to be the retirement community of the future.
With relatively cheap land and comfortable climates there is no wonder that
investors from all over the world are buying up these countries to cater to this
growing demographic. Why shouldn’t they? Investors go where the money is no
matter where in the world it is. The requirements are simple. Stable government,
unique opportunity and growth potential.
We can even take for example Egypt. Most people are just now realizing that
Egypt is trying to attract vacation homebuyers and first homebuyers from all
over the world to move to beautiful Egypt. Just look at the new developments
that are going in and the cheap prices of modern day palaces. Why shouldn’t
they, and better yet why shouldn’t people want to buy in places like this?
Finally we can look at one of my personal favorites Thailand. How can you beat
cheap prices right on the ocean, gorgeous modern construction and a unbelievable
climate? What a property on the Mediterranean coast would cost compared to
Thailand for the same type of property costs about a tenth (1/10). We don’t even
have to talk about the cost of living…it is a beautiful thing.
The point is whether you are a homeowner looking to live and invest elsewhere or
you are a corporate investor there are unbelievable deals all around the world
if you just take the time to look for them. With over 50 million investors
running around the world it is easy to see why.