Investing in a property is a safe strategy for many reasons. First, such investment provides a sustainable passive income in the long term — when you rent the property to a tenant, or when you sale it in the future to earn a profit. Second, buying a flat or a house offers a proper retirement plan — the money you invest will ensure you a comfortable future when your home has been entirely paid. For whatever reasons that motivate you, there’s surely a return on investment to expect.
Yet, one of the most critical decisions is to find the right property and the right location — which country or city offers amazing advantages for buyers. Depending on how much money you have, you may consider investing in some cheaper countries with exceptional investment opportunities — for example, you may choose a country with advantageous fiscality or a city with lower prices. So let’s pick 5 best places to invest in 2019 :
The nation is heading toward stability and friendly initiatives to foreigners. Indeed, the Philippines are a new gold mine for investors. Look no further: this guide by Invest Asian mentions the Filipino archipelago as one of the greatest in South East Asia for land registry systems. With so many islands to choose from, opportunities await at each part of the country for savvy investors and land promoters.
The Guardian cited Turkey as the next gold rush destination in 2018 for investing in property. Thanks to friendly legislation and VATs discounts, buyers can acquire a property easily. For example, buying a villa can be done within 48 hours. Have you ever thought of buying a property in Bodrum, the sunny coast of Turkey? It’s now the best time than ever.
Bali, and Indonesia, in general, offers great investment opportunities. The leasing costs are extremely low and the return on investment extremely high: due to the high number of rich tourists in the country, renting out a villa is easy. Plus, Indonesia offers excellent labor and workers at low cost. Yet, speaking Indonesian is required, as well becoming friendly with locals who still look at foreigners suspiciously, unlike the Philippines.
Do you love the Middle East but can’t afford Dubai or Qatar? Then, Morocco, 2 hours away from Paris by plane, provides an excellent alternative. Land registry fees in Morroco are extremely low, totaling 1%. Plus, the country boasts friendly citizens who love foreigners. If you want to stay close to Europe, then Morocco is a good option.
Quality real estate await meticulous investors with a higher budget. A multi-faceted country with excellent infrastructure, The UAE is a haven for investors. Plus, the Middle East nation is a free tax country meaning there’s barely any tax on investing in a property. Yet, the budget is much larger than South East Asia for example, but the return on investment can be greater.
Depending on your budget and your favorite destination, you can assess where to invest next with the options above.
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