Global real estate investment expert Lief Simon annually selects the best real estate markets to invest in around the world
NEW YORK, February 14, 2022–(BUSINESS WIRE)–Living and investing abroadthe leading resource for people who want to live, retire and invest abroad, today announced its top six international markets for investment property in 2022: Panama, Colombia, Brazil, Montenegro, Morocco and Philippines.
These overseas destinations were chosen because they offer untapped and, in some cases, depressed real estate markets, as well as additional investment incentives such as exchange rate discounts, favorable financing terms and other advantages.
“With our listing, we hope property investors will consider buying property in a country where they like to spend time and can visit for vacation, but for the rest of the year they can rent it out. for additional income,” commented Lief Simon, global property investment expert. “Unlike stocks and equities, real estate is a tangible asset and the pandemic should not deter investors from capitalizing on major international opportunities to grow their portfolios and secure a brighter future.”
The list includes:
For nearly 20 years, Panama has been a top market for investors, with a depressed real estate market and a strong and diverse economy. Panama’s Pacific Coast, one hour from Panama City and 10 minutes from Coronado, offers a phenomenal opportunity with one and two bedroom apartments offering both mountain and ocean views and nearby amenities priced at $210,000.
Colombia offers fabulous living standards at low prices, especially in cities like Medellín and Santa Marta. Currently, US dollar holders can take advantage of the lower exchange rate, reducing the price of an apartment that cost $190,000 last year to around $160,000 today. The country continues to offer strong rental yields and excellent potential for capital appreciation. Other benefits include a strong and growing upscale and adventure tourism industry that complements the rental market.
Brazil’s depressed local currency and recovering economy equals good business for real estate investors. Currently, the Brazilian real is trading at 5.75 to the US dollar, an increase from 4.93 in June 2021. The country offers one of the lowest entry costs into beachfront living in high quality all over the world. Beachfront bungalows in the state of Ceará start at US$59,000.
Montenegro’s great weather, world-class real estate and marinas, and high standard of living and services make it a haven for wealthy investors. However, it also offers downright cheap ocean-view property prices for the average investor looking for profitable deals created by a weak euro, which is currently trading at $1.14.
Morocco’s depressed property markets, stunning beaches and weather, low crime rate and strong and diverse economy make this North African country an untapped market. Less than an hour and 40 minutes flight from Portugal, it is served by direct flights from New York, Boston, Washington and Miami. Morocco is best for medium to long term rental investments or as a retirement destination. Cities like Marrakech, Casablanca, and Agadir stand out for their natural beauty, stunning beaches, and amazing cuisine.
With spectacular beaches, cheap real estate prices and a welcoming and friendly population, the Philippines is a market to watch in 2022. Low prices, a strong US dollar and favorable development conditions in this low-cost-of-living paradise make it a great investment opportunity. Property values for condos and single-family homes have plummeted during the pandemic. Parts of Manila, for example, have seen condo prices drop 18% in 2021.
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About Live and Invest Overseas (LIOS)
Based in Paris, France and Panama City, Panama, LIOS is the premier resource for people looking to live, retire and invest abroad. Led by Kathleen Peddicord and Lief Simon – who collectively have over 40 years of experience visiting, living and investing in foreign countries – LIOS and its free email service, the Opportunity Letter to abroad, have more than 500,000 regular readers. More information available at www.liveandinvestoverseas.com.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220214005123/en/