Landlord Basics

Top 4 Property Locations Abroad

Property investors keen to expand their property portfolios abroad should first make sure that they know the property locations property price point, property advisors have suggested.

During a recent study, 4 key overseas property locations were highlighted which can supply property investors with affordable property prices for as little as £70,000.

These 4 locations include:

• Ecuador – property developers are believed to be in the midst of buying land which in the next 3-4 years will boost property prices across the region.
  For the moment, these prices are still accessible, with most beachfront property developments costing on average just £76,058.
  Other property investment locations to consider are: Cotacachi where properties can be bought for £47,330 and Cuenca where properties are available for just £37,728.
• Costa Rica – similar to Ecuador, the southern region of Costa Rica is currently witnessing increased property development which should trigger sharp property price growths in the next few years. For the time being, property investors can easily invest in a half-acre ocean view property for just £61,746 as well as their mountain lots for just £27,443.
• Uruguay – this cultural location, that is renowned for its European architecture, is attracting a lot of attention from US and Canadian property investors because of its affordable property prices.
  A 1,200+ sq ft apartment in Ciudad Vieja for example can be purchased for £61,060, whilst a 1920’s apartment in Centro can be accessed for £96,040.
• Brazil – Brazil may not have the lowest property prices per sq ft on the market, however their financing scheme has made it possible for property investors to invest in property using low or no down payments at a monthly rate of 1%. A property in Fortaleza for instance can be purchased for £79,298 and be paid for over a period of 101 months.

Related posts:

1. Prime London Locations Break Property Price Records
2. 66% Of Property Investors Plan To Invest Abroad
3. What Is Better – To Buy Or To Rent?
4. Property Market Flooded By Councils
5. Property Prices Rise By 0.2%

Tags: invest in property, property advisors, property developers, property developments, property investments, property investors, property locations, property portfolio, property prices

This entry was posted on Tuesday, June 8th, 2010 at 7:53 am and is filed under News, overseas investors. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.