If you are interested in buying investment property, then you are probably interested in earning as much as you can from your investment. This article answers the question, "where is the best place to buy investment property?"
There are so many places that are touted as being the next property hot spot or the next big thing that is going to take the property World by storm, that it can be confusing for the property investor to diffuse all the junk from the real facts.
Over the last 5 years, places such as Bulgaria, Dubai and Romania have emerged as solid places to buy property, that have experienced good capital growth.
Some of the best bargains in recent years have come from countries that have not yet found economic stability. They have been in the middle of a transition or some other huge change. Many have seen governments overthrown or leaders die. Events such as these can often herald the start of a new era in the countries development.
India has been a solid place to invest for years and still continues to be so. If you are thinking about investing in Indian real estate, you will have to decide on whether to go for somewhere like Goa or Delhi, both have strengths and weaknesses. The only way you can make the decision is by being clear on what your goals are and why you want to invest in the first place.
Slovak, Poland, and Czech Republic and are also getting increasing interest from property investors; however, with many of the people from these countries choosing to move abroad you have to ask yourself whether buying there is a good long-term decision. If people continue to emigrate at the rate they have been, in 6 years time are you going to be having problems finding tenants?
If you are still wondering where the best place to buy investment property is then property in Morocco might be what you are looking for. This isn't just because it is economically sound it is also because the king is actively investing, promoting and developing the country and he is actively seeking more investment from foreigners where as certain other countries discourage it.
Somewhere like Spain has lost some of its appeal, largely because of the price; however, Morocco is just a few miles away from Spain and enjoys the same type of weather and the prices of property are a fraction of what they are in Spain.
The one thing that is crucial to you deciding where to buy investment property is first to come up with reasons why you want to buy it, and to establish what your criteria for buying it will be; for example, is capital growth the most important thing or rental yield?
Without first finding the answers to these questions you might never really find the best place for you to buy property since what is someone else's property hot spot, might not be a hot spot for you.
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