As investment, having property overseas surely has tantalizing potential. That is why, it is known that 1 of 100 people has investment of residential property abroad. From the result of that survey, about 75% have residential type of property, while the other 25% have condominium with special facilities such as gym and swimming pool.
While for the locations which are mostly interesting for people who want to have property investment abroad are spread in several countries. The countries in the highest ranking are Singapore and Australia, followed by Brunei and Malaysia. It is because the great infrastructure and stability of security, making Singapore and Australia as an option for the investors all around the world.
Moreover, the infrastructure also influences the lifestyle of the citizen, including expatriates who rent a variety of properties there. Singapore has a good access of transportation for connecting the citizen both locally and internationally.
Tips of Investing Abroad
For several persons, investment of property seems difficult. But if it is observed, the potential benefits are very promising. For you who want to start investing properties abroad, here are some tips.
It will be better if you choose the location of the property which is near shopping center, offices, health, and public transportation. It will also be good if the location has a good access and not in crime prone locations.
It is important to know who is the developer of the property you are going to choose. How is the track record? Do not just believe with a developer you do not know about. You are able to look for some reviews of the developer from your acquaintances or online.
Property which has its own uniqueness usually can be sold more pricey compared to the one ordinary and similar properties. But you may need to spend more money too in order to buy the property.
Time of Buying
Timing is an important thing in buying properties. In order to get high capital gain, it will be better if you buy a property when it is launched, since there may be a discount.
Pay attention at the rules of the country involved. Choose a country with stable macro economics. At least, if the economic condition today is bad, it will be better in the future. You need to know that developing countries have bigger increasing price compared to the developed countries.