The BEST PLACES to invest in real estate and properties in 2010
March 15th, 2010
Which markets will win, and which ones will lose? Where and what should we be looking to invest in 2010?
While one could assume that the international recession would limited investment opportunities the opposite has happened creating numerous potential property hotspots.
UNITED STATES. There are countless distressed sale opportunities to be had across the country. Florida was the epicentre of the global property boom and crash, and now presents us with some very attractive property deals. More interestingly are the opportunities that exist in the major urban areas which have healthy population growth and flourishing economies. Washington DC is thriving due to the multitude of government jobs that have not been cut in the recession and the high-tech and biotech industries that feed off the government programmes. Other major gateway cities (with links to alternative global capitals) such as San Francisco, Boston and New York will also fair well.
UK: The market in UK will not bottom out until the end of the year.
Madeira. With its temperate climate, limited land and strict planning rules, Madeira offers an excellent opportunity to invest in top luxury property. A popular holiday destination with the Portuguese, South African’s and Spanish amongst others the island bucked the trend by registering 91% occupancy for 5 star accommodation in 2008.
Brazil: With one of the world’s healthiest economic growths, Brazil’s population is becoming wealthier year on year. Investing in both first home and holiday accommodation for the local market offers excellent growth potential.
France. Provincial French properties are often keenly priced and lifestyles are less expensive than Paris. The Southwestern Midi-Pyrenees region is a particularly good hunting ground for village homes for less than $100,000.
Australia. Australia’s economy has managed to weather the Global Financial Crisis better than any other Western country.
Germany. In Germany, everything works and works well. Its houses are built to last. It is possible to buy a 55-sqaure-meter apartment for $160,000 in Germany.
New Zealand. Here property prices are rebounding. Taken nationally, latest figures show the average home costs $274,881.
Canada. Canada has remained resilient through the global financial crises. Property markets are “on fire.”
Italy. On Sicily and in slow-paced regions like Puglia, Basilicata, and Campania, affordable homes abound. Even farmhouses with a couple of acres surface for $60,000.
Dominican Republic. Dominican Republic offers an incredible variety of villas, apartments and fincas that will meet all tastes and budgets.





