Nubricks overseas property hotspots tour
You may have noticed that our overseas property posts have been sporadic of late but this has been in part due to preparations to go on a property hotspots tour. Over the next few weeks we will be visiting Poland, Las Vegas, Thailand, Kuala Lumpur and Qatar to get a hands on view on what these places are really like to live, holiday and invest.
Much of the marketing hype related to buying property abroad centres on selling you the sun, sea and sand lifestyle angle, however overseas property investment relies on more than just the dream. The dream needs to make money whether that be in the short term or spread over a longer period, so focusing on the factors which affect those returns should be a key part of your property research when deciding what property type and where to buy abroad.
Property investors aim to build a profile on what is happening at country, regional and resort level. This includes infrastructure changes, upgrades to public transport, road networks and airline routes both into and out of and within the country. Cross border relations with neighbouring countries are a good indication of regionally stability and strong border relations often point to inter country business ties and trade and in the case of property, increased inter country travel such as Germany with Poland and the Czech Republic. Economic and political issues are fundamental to the growth of a country and those which encourage foreign direct investment and are actively working towards regional harmonisation are taking the first steps to bettering their country.
Over the next few weeks we will be talking to local residents, agents, and developers about growth prospects in principal resorts and cities as well as looking at the practical aspect of buying in these countries from travel routes, leisure options, property types and planned area improvements.
If you have any property related questions or would like us to report back on any aspect of Las Vegas, Thailand, Kuala Lumpur and Qatar why not drop us an email here
