Learn The Best & Worst Places To Invest In Worldwide Property
Many investors automatically look for areas close to home when they invest in property. This isn’t usually the best strategy as investing in worldwide property is often a much better decision…
… if you know where to look!
I’m going to show you some areas you should seriously consider and others you should definitely avoid.
You may not think of Poland when you’re deciding where to invest in worldwide property, but you should.
After becoming an EU member, the country received almost $13.5 billion for infrastructure improvements. Gdansk is a great choice; it’s a beautiful city built around a scenic port within walking distance to the beach. Ryanair also started offering very inexpensive flights to Poland which has further increased the country’s popularity.
Are you ready for the second hotspot?
If you guessed Albania, you would be correct!
Albania continues to remain strong economically, and it has seen remarkable progress during the last decade. The country is attracting a much larger number of tourists, and property investors are quickly realising the benefits of the country’s low cost of living and high rental demand.
Better yet, Albania offers the lowest property prices in all of Europe, with the added benefit of no transfer tax, VAT or capital gains tax.
Here’s another little-known secret – the Czech Republic is a great worldwide property investment opportunity.
You may not be aware that this area of the world has been attracting more and more international investors thanks to low borrowing rates (4 to 4.5%), high rental yields of 6 to 8% and a shortage or property combined with high demand.
Another advantage – many Czech Republic property developers will accept 15% deposits and allow investors to mortgage the remainder on completion. This can earn you high investment returns.
Now, you’re probably anxious to find out some of the areas you should avoid when it comes to worldwide property investment.
Let me start by telling you one of the places is Cape Verde Islands. Would you like to know why?
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