Predicting the Next Overseas Investment Property Hotspot
With the increasing open skies policies accepted by most emerging holiday countries and with this the availability of low-cost airlines along with the demise of the package holiday, owning a holiday home is becoming increasingly the norm for the wider public.
There are as many predictions of what is "hot" in overseas property as there are countries. It's becoming a bit like stock and shares with analysts carefully dissecting economic and social trend, yields, equities, travel, climate, etc. looking for the formula that gives the answer as to where to buy in 2008. According to one of the leading property investment firms, Obelisk, the following countries are worth investigating:
- Brazil (Natal) - for Life Style Property Investment & Buy to Let
- Romania (Cluj) - for buy to let and buy to flip investments
- Bulgaria (Sofia City Centre) - for buy to let investments
Guides to Overseas Property Investment
The by Fair Deal Investment endorsed "Obelisk Absolute Guide Series to Property Investment" provide you with a detailed analysis of the demographic in selected property hotspots in the the country of your interest.
Our Free Investment Property Guides & Country Reports include:
- Due Diligence Reports
- Tourism Facts & Figures
- Local Property Rental & Holiday Accommodation Demand (Buy To Let Investment)
- Planned investment in Infrastructure
- Economic Indicators
- Tourism
- Investment Property News
- Mortgage
In Focus: Property in Cluj Romania
The demand for property in Romania is increasingly driven by high value jobs and IT is leading the way!
Cluj-Napoca is the base for the process management company Emerson and Liberty Global, the broadband provider. They have been joined recently by Nokia, which is investing €60million in a new plant employing 500 people.
According to the American magazine InformationWeek, Cluj-Napoca is quickly becoming Romania's Silicon Valley.
Over 20,000 new jobs
Over 20,000 new high tech jobs are created in Cluj which has created an acute shortage for accommodation in this expanding town. This alone makes Cluj ideal for both buy to flip and buy to let property investors.
Daily Telegraph: "Romania is the number one country in which to make money through property investment"
Romania was named by the Telegraph recently as the number one country in which to make money from real estate as property prices in Romania are rising quickly but still remain cheap by Western standards.
Monocle magazine identified Cluj-Napoca as one of the top five places worldwide that are due their turn in the international spotlight during 2008.
Without any doubt Cluj will be the property investors choice for 2008. For more information visit our Romania Investment Property pages.
Finding Investment Property Hotspots Abroad
Buying property abroad can be an excellent investment. Whether you are purchasing property to live abroad or as an investment opportunity, research and due diligence are always key. There are many factors to consider before deciding to invest in property abroad. Although we only recommend investment property hotspots in countries that are able to offer a higher than average return on investment, we can not overstate the importance for property investors to do their own due diligence before committing to buying any property abroad.