The phrase ‘location, location, location’ was first used in the Chicago Tribune back in 1926 and its relevance in the world of real estate investing has only grown since then. A location is absolutely everything when it comes to investing in property. But what constitutes a great location?
Well, right now, the world is your oyster. Cities that are being rebuilt after being hit by a natural disaster are proving to be excellent purchases. Cities, where big companies are opening new offices, are also a great place to invest, as are locations where you can get a lot more property for your dollar.
To help you nail down your shortlist even more, though, we have come up with a list of locations around the world that we believe will become fantastic investments and see even a real estate beginner accumulate an excellent return. So get out some pins and an atlas and start deciding where in the world you’re going to put your money.
We don’t know what is in the water here, but houses in Atlanta neighbourhoods are searched more than 63% more times than anywhere else in this state. Okay, we do know what is in the water. It is the fact it has everything anyone could want, from young families to students, newlyweds to retirees, and that demand isn’t going anywhere from what we can tell.
This place is like a little slice of heaven with more box ticking than anywhere else in Central America. It has gorgeous coasts, great weather, a wide range of property types, a diverse expat community and, best of all, low prices. What’s more, they have every type of location you could hope to explore; there are the beaches as we mentioned, but there are also quaint neighbourhoods that will remind you of the small towns of middle America, or there are urban metropolises that will convince you that you are in Downtown LA.
There is a multitude of reasons why you should buy in Hawaii starting with the weather, passing through the culture and ending in the location. But the reasons why you should invest here outweigh all of these. First off, real estate here has been going down for a few years now, which means you will be able to snap up a bargain. Secondly, finding buildable land in Hawaii is become more and more challenging, which means demand is surely going to overtake supply and, well, what do you think that will do to the prices of paradise. Exactly.
What makes this so attractive to oversea investors is the fact it is affordable and stunning. This is one of those places that is getting more and more accessible too, which is why you should buy now. For those that are serious about Belize, as a little tip, you should look at the Ambergris Caye area, which is not just hoping to the barrier reef, it is also relatively under-developed meaning there is space for families. What’s more, they speak English in this region, which could make it even more attractive to an investor.