Brazil, France and the USA come out as the top three places where overseas property investors were more likely to invest in 2010. The prediction came from international real estate website Homesgofast.com who revealed the top 3 countries as part of its Top Ten Places to Buy Abroad in 2010. The top ten regions produced some surprise omissions. Gone from the top ten was Spain whilst newcomers included Malaysia, South Africa and Abu Dhabi.
The hot places to invest in real estate for 2010 were compiled by Homesgofast.com after conducting a survey of 1100 of its seasoned overseas property investors. The respondents were asked to take into consideration the following factors in deciding their top places to invest in 2010
Housing market entry prices
Potential capital growth
Types of property available
Ease of purchase for international buyers
Stability in the region
Accessibility by international travellers
The attitude of government towards overseas buyers
The survey results show that Investment Property in Brazil. France and The US showed the most potential for 2010 with Brazil in coming first place. The top ten ranking looks like this:
Homesgofast.com Top Ten Places To Invest In 2010
6.) Greek Islands
9.) South Africa
Commenting about the top 3 regions for investment s Nicholas Marr CEO Homesgofast.com said “Brazil is on every international real estate investor’s lips right now. The Olympic effect has seen investment from all over the world and entry into this market is easier with low property prices. France is not a surprise as it’s a firm favourite with UK buyers with a huge variety of property and a relatively stable housing market. The USA property market is offering armchair investors superb investments, as an example we are promoting 3 bed houses that come with a paying tenant for £15,000. Florida is a buyer’s paradise with brand luxury homes going for the price of a cramped studio apartment in the UK. Recent news from the region indicates that Florida prices have bottomed out and the only way for prices to go is up.
Homesgofast.com promotes over 200,000 international listings from property developer’s real estate agents and individuals and has been online since 2003. The website has thousands of visitors per day and a large database of international investors seeking property investments abroad