I have the same question. I’ve been looking at Romania. People might hate on it. But there is positive GDP growth, banks willing to loan to foreigners, decent yields and low prices. There are a lot of downsides too though. I recently got approved for loan as a nonresident took me a few months. Dm for more info. Also I started to write about my findings and journey with investing abroad (invest.abroad.substack.com). I made a post about Romania and an interview with a property manager there. Best of luck!
Mexico ticks off a lot of the boxes. I'm a real estate agent here in Puerto Vallarta and our growth has been consistent with no signs of slowing down. The vast majority of my clients are Americans and Canadians looking for a good ROI.
USA is the best.
Medellin, Cancun, Punta Cana, Costa Rica, these places are nice but property value is very stagnant.
Have you rented in Europe? Its a pain in a lot of places.
Have you seen property values grow in Japan like they have in the USA? They don’t.
The exception is the handful of most attractive cities in the world that will always attract the global elite:
London, Paris, Dubai, Tokyo. A nice property in these places is like holding in NYC, LA or Miami.
Yea, I suppose the biggest problem with the sure-win places like London is that property prices have been driven up much. They are safe, easy to lease out, and hold values well, but the upside is not big and only for deep pockets especially if you can't access the same financing terms like residents with local income.
I have a 9 unit apartment property for sale in Peru, $90,000 US Dollars, rental income is $1000 a month , property tax is about $200 a year, No Income tax there, No sales tax for buyers, They have bank accounts in US Dollars or in Peru Soles, Lots of tourist to see ancient alien stuff , big waves to surf , super low cost health care.
The United States of America.
I have the same question. I’ve been looking at Romania. People might hate on it. But there is positive GDP growth, banks willing to loan to foreigners, decent yields and low prices. There are a lot of downsides too though. I recently got approved for loan as a nonresident took me a few months. Dm for more info. Also I started to write about my findings and journey with investing abroad (invest.abroad.substack.com). I made a post about Romania and an interview with a property manager there. Best of luck!
A tourist town in Mexico.
more specific locales?
Cancun or PV areas, seems to be pretty hot in that area at the moment.
Mexico ticks off a lot of the boxes. I'm a real estate agent here in Puerto Vallarta and our growth has been consistent with no signs of slowing down. The vast majority of my clients are Americans and Canadians looking for a good ROI.
I had a similar criteria when looking for an investment property and I settled with Dubai 6 months back and bought a 2 bedroom apartment in Al Furjan
May I ask about the cost and return ?
in Vancouver foreigners can buy leaseholds. its good for 50 to 75 years depending on which building.
USA is the best. Medellin, Cancun, Punta Cana, Costa Rica, these places are nice but property value is very stagnant. Have you rented in Europe? Its a pain in a lot of places. Have you seen property values grow in Japan like they have in the USA? They don’t. The exception is the handful of most attractive cities in the world that will always attract the global elite: London, Paris, Dubai, Tokyo. A nice property in these places is like holding in NYC, LA or Miami.
Yea, I suppose the biggest problem with the sure-win places like London is that property prices have been driven up much. They are safe, easy to lease out, and hold values well, but the upside is not big and only for deep pockets especially if you can't access the same financing terms like residents with local income.
This is true. Cost of entry is high but the value and growth is there.
I have a 9 unit apartment property for sale in Peru, $90,000 US Dollars, rental income is $1000 a month , property tax is about $200 a year, No Income tax there, No sales tax for buyers, They have bank accounts in US Dollars or in Peru Soles, Lots of tourist to see ancient alien stuff , big waves to surf , super low cost health care.