2012-02-11 07:30:40 - The secret to a successful investment of property lies in finding the right property in the best location and snapping it up at the lowest price possible. So property developers and investors now change their view in investment decisions. They prefer to invest in developing countries like India, China, Malaysia, Brazil etc. rather than investing in developed countries like U.S.A, U.K., Switzerland, Denmark, Australia, France etc. But in this case they should consider the political and economic stability of the countries.
Property development and investment is one of several choices that an investor can make when working on saving and investing, to build their asset base and become wealthy. Investing in property is one of the biggest investments any investor makes in their life. So, one should be very careful while deciding where to invest. Property Investment in today's market is certainly very different to only a few years ago. The opportunities vary from country to country.
At first glance, Iraq, Afghanistan, Pakistan, Libya and some of the African nations should be avoided by the investors for the political and economic instability. U.S. and Britain would also seem to be places to avoid investing because both countries are facing economic downturn and
price inflation. Areas that have been largely be unaffected by inflation and the subprime crisis, like Japan. Japan is one of the few countries to have inflation at 1%, and its local banks have stayed healthier than Western banks for largely avoiding toxic mortgage-backed securities. So Japan is one of the most attracting places for the investors. Brazil is another attractive country for property development and investment. The country is attracting a lot of inward investment, has one of the world’s fastest growing economies, a rapidly emerging mortgage market, a general shortage of quality homes, and has been selected to host the 2014 football World Cup and 2016 Olympic Games. Property investors from around the world are flocking to Brazilian shores with a view to snapping up real estate, in anticipation of future capital growth.
Switzerland, Denmark, Sweden, Ireland, France, Australia, Germany, Austria, Belgium, Canada are the most expensive countries in the world to build. In fact construction costs in those countries are more than 20% higher than anywhere else in the world.
The UAE’s property market, which suffered one of the biggest crashes during the global crisis, is gaining momentum. Positive economic growth, strong government support, and mortgage lenders returning to the market are helping property prices stabilize, though local analysts are generally pessimistic about future price prospects. Mirroring Dubai, the other emirates also offer investors and homebuyers stunning tourist amenities, a huge expatriate community and a tax-free regime, making them highly sought-after as property locations. Outstanding architectural wonders, endless shopping and sports facilities, along with rapid economic growth make Dubai a top overseas tourism and property investment destination. Malaysia is also very well in the international property investment arena. With strong economic policies in place and a relaxation in the laws governing foreign investors, property developments in Malaysia are set to enjoy high returns on their investments in the city and in coastal resorts.
Due to the economic downturn, global supply chains have shifted their focus to meeting the demands of economies like China and India and are likely to continue to priorities them over the coming years as they offer the greatest revenue growth opportunities. There are a number of different regions attracting investment in China, and each region has slightly different legal requirements and benefits with regard to property investment. The major cities on the scene are currently Shanghai and Beijing, although it is also worth considering Guangzhou. Due to rapidly rising local wealth, domestic tourism is also taking off in China. As a result it may be worth considering investing in either ski or beach resorts here. There are also opportunities for those wanting a long-term investment as well as those wanting a shorter-term project, although it is advisable to keep ownership of a property for three years or more to avoid paying a resale tax. China therefore offers something for everybody wishing to make an investment. China has also dual taxation agreements with 78 countries; including the UK (further details of these agreements can be found at www.chinatax.gov.cn/ssxd.jsp).
India and Sri Lanka were tied as the cheapest countries in which to build with construction costs estimated to be 72% cheaper than the UK baseline. Most of the properties in India were developed with the intention of fulfilling residential demands but the scenario has changed nowadays and the commercial property development is progressing a lot. It has been observed from the recent survey that the real estate developers in India are investing more in commercial properties like business centers, shopping malls, multiplexes, corporate complexes etc. Many large corporate and IT companies are based in developing cities and large scale quality construction is underway to accommodate these enterprises and their workers. Land investments are therefore also highly lucrative at the present time. Visit Damac Property for the latest investment opportunities.
For more information visit Damac Property at: www.damacproperty.com or contact: Jasmine Hayak – 0870 634365.
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