If you decide to invest in foreign real estate and buy a house, you may be wondering which countries are best suited for living, which ones will give you the greatest benefits or have the easiest way to get a mortgage (loan) for real estate. In some places, real estate investment is more profitable, and obtaining a mortgage is much easier than in others.
Here are the top 10 countries for real estate investment. And 4 more options where to invest money this year.
1. Belize
Belize is an affordable place. You can easily buy property on the coast for less than $ 300,000. Since many areas of Belize are relatively quiet and pleasant to live in, they are ripe for a purchasing boom.
2. Nicaragua
With charming restored colonial houses, Nicaragua is one of the best places to buy real estate for holidays there. Renovated homes sell for less than $ 400,000, but you can find homes with a price level of just $ 50,000. Think about all the possibilities!
3. Italy
The charming Abruzzo area offers a variety of investment options. There are many local attractions in this beautiful region, and you can buy a home that needs minimal repairs for only $ 45,000. A new property with the same parameters is sold four times more expensive, so you can easily save on it.
4. Argentina
Argentina in Central America has many opportunities for tourists and locals. This coastal country is also affordable. Especially in the vibrant city of Buenos Aires. As the city expands rapidly, it is time to take part in this hot investment real estate race.
5. Greece
While the country's economy is solving its specific problems, investors have a great opportunity to arrange a place to live in this beautiful Mediterranean country. With its rich history and culture, investment in Greek real estate is sure to pay off.
6. Thailand
Thailand is a gorgeous, exotic, popular and very exciting country. Many Westerners and expatriates prefer to buy property in Thailand because of its low price. Another advantage is that some categories of foreign nationals have special privileges in owning Thai property.
7. Indonesia
Indonesia is another fantastic place in Southeast Asia. Since Indonesia is at the equator, the weather is always great there. This destination is an ideal place to relax, and it is also easy to rent and sell houses there.
8. Malta
Malta is a small island isolated from many things, including global financial problems. This is a great place to invest, because your investment will not disappear on its own. For $ 300,000 you can buy a nice 2 bedroom house in Malta. This is a great purchase.
9. Mexico
South of the border you can find incredible investment opportunities. Playa del Carmen will give you huge advantages for your money, and with a constant influx of tourists from all over the world you can always find a tenant. In addition, it is a good place for a tourist visit, and it is also a step away from the United States.
10. Panama
Panama is a pretty safe place to buy property. Certain categories of citizens also have huge tax breaks in Panama. Panama does not charge citizens a tax for the first 10 years from the date of your investment.
Regardless of which country you decide to buy real estate in, these ten countries will provide you with a great place to live, a return on investment (in which case) and convenient mortgage options for buying your chosen property.
