Untapped opportunities await in Nicaragua, the fastest growing economy in Latin America, making it an interesting country for prospective foreign property buyers.
Nicaragua is expected to grow 5.8% over the next five years, ahead of the 4.9% GDP average for Latin America according to a recent report from Pyramid Research. With this positive economic forecast in mind and Nicaraguan exports in 2012 predicted to grow 10-15% according to the Inter-American Development Bank, investor confidence in the nation is on the up with the Nicaraguan government recently revealing that Nicaragua received US$967.9 million in foreign direct investment (FDI) in 2011, a 91% increase over 2010, as well as a new record for the Latin American country. Read more... (465 words, 1 image, estimated 1:52 mins reading time)
By BuyingForeignProperty on Friday, February 10, 2012Filed Under: UK
Sometimes you don’t need to look abroad in order to invest in property. Many UK property investors are snapping up property in their own country to cash in on the buy-to-let boom.
According to the UK’s Council of Mortgage Lenders (CML), a record 1.4 million ‘landlord loans’ are currently invested into property. With poor savings rates, many people are now looking at buy-to-let properties as a way of making money, particularly as rents are close to being at an all-time-high. Read more... (189 words, 1 image, estimated 45 secs reading time)
The Balkan nation of Albania was relatively unknown a couple of years ago and if mentioned, it was most certainly not as a holiday destination. But things are changing rapidly with this enigma of a country repeatedly hitting the travel headlines these days for all the right reasons.
In 2011 the auspicious Lonely Planet guide put Albania in at #1 in their ‘Best in Travel for 2011′ list. Shortly after, London’s very own global business newspaper, The Financial Times dubbed Albania one of the year’s most intriguing prospects for emerging travel. Read more... (503 words, 1 image, estimated 2:01 mins reading time)
When thinking about investing in ski property, the US is probably not the first place that comes to mind. Most often, property investors think more towards the French Alps. However places such as Colorado offer equally good opportunities to those wishing to purchase a ski property investment.
One of the major attractions of purchasing a skiing property in the US rather than Europe is the cost. Since the global recession, US property has tanked and has yet to fully recover. This means that there are more opportunities for investors at both ends of the scale – budget ski properties and luxury skiing properties. Estate agents in Colorado have said that some properties have seen price drops of up to 35pc since their highest point and this has piqued the interest of increasing numbers of international property buyers. Read more... (357 words, 1 image, estimated 1:26 mins reading time)
China’s property market has been booming in recent months and years and this has led to property prices increasing too. In fact, in the major cities in China, property prices are said to have increased at least fivefold over the last decade. However property investors are warning that the property price increases are unsustainable and many are holding back from buying any new real estate in the country.
According to some reports, some developers are now offering discounts of up to 35% on new properties. This has led to some discord as previous investors have paid much higher prices and have not been able to benefit from these new buyer discounts. Read more... (306 words, estimated 1:13 mins reading time)
By BuyingForeignProperty on Friday, November 25, 2011Filed Under: Thailand
Forget Spain, France, Florida and the other usual suspects of overseas property, this time it was the turn of Thailand to take the top spot in TheMoveChannel.com’s monthly Investment Watch.
The report, which charts the level of interest in the overseas property portal’s listings, saw a condo in Pattaya attract the most enquiries In October. What was it about the luxury Thailand apartment that triggered such a torrent of attention? Read more... (441 words, 1 image, estimated 1:46 mins reading time)
