3/12/09 Overseas property investors will read with interest the results of a survey conducted by the International real estate website Homesgofast.com. The survey results include some surprising omissions and put Brazil, France and the USA as the top places to invest in 2010
The prediction comes after 1100 overseas property investors were asked to compile there top ten places to buy abroad in 2010. The respondents were asked to take into consideration the following factors in deciding their top places to invest in 2010
These factors were:
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Housing market entry prices
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Potential capital growth
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Types of property available
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Ease of purchase for international buyers
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Stability in the region
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Accessibility by international travellers
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The attitude of government towards overseas buyers
The survey results show that Investment Property in Brazil. France and The US showed the most potential for 2010 with Brazil coming in first place. The top ten regions produced some surprise omissions. Despite an abundance of distressed property available in Spain investors did not place the region in the top ten. Another region that would have been previously featured was Dubai which also failed to make the rankings. Thailand had also failed to make the list this year with investors it seems put off by political instability. New kids on the block for investment potential were Malaysia, South Africa and Abu Dhabi.
The top ten rankings look like this:
Homesgofast.com Top Ten Places To Invest In 2010
1.) Brazil,
2.) France
3.) USA
4.) Egypt,
5.) Turkey
6.) Greek Islands
7.) Australia
8.) Malaysia
9.) South Africa
10.) Abu Dhabi
Commenting about the top 3 regions for investment s Nicholas Marr CEO Homesgofast.com said “Brazil is on every international real estate investor’s lips right now. The Olympic effect has seen investment from all over the world and entry into this market is easier with low property prices. France is not a surprise as it’s a firm favourite with UK buyers with a huge variety of property and importantly a relatively stable housing market. The USA property market is offering armchair investors superb investments, as an example we’re promoting 3 bed houses which include paying tenants for £15,000. Florida is a buyer’s paradise with brand new luxury homes going for the price of a cramped studio apartment in the UK. Recent news from the region indicates that Florida prices have bottomed out and the only way for prices to go is up.
Homesgofast.com carries over 200,000 international listings from property developer’s real estate agents and individuals and has been online since 2003. The website has thousands of visitors per day and a large database of international investors seeking property investments abroad
