5 countries where you can still invest in 2017
Investing in real estate is not meant only for the retired. More and more investors are looking to acquire exclusive properties in exotic destinations. This trend can be explained by the need to diversify their investment portfolio, attractive price tags and high profitability. Here is a quick scan of some countries that have distinguished themselves and has been attracting an increasing number of investors in recent years.
Our tropical island has been attracting investors from all around the world for the past 10 years now thanks to its premium real estate industry. Buying a property in Mauritius give foreign buyers – and particularly French investors –a number of advantages. In fact, they are not subject to double taxation and the ISF on their Mauritian properties. In addition, the tax regime on the island, which is 15%, is quite attractive. It is no surprise that this little island has become a major player on the international real estate market worldwide.
Thanks to a massive drop in in real estate price, Spain was enabled to rise rose on the top of the rental investment industry in Europe. With more than 75 millions tourists visiting the country each year, an increasing number of investors are choosing to invest to rental purposes.
The country, which attracts around 10 million tourists a year, is valued by French nationals. An attraction explained by the country’s warm climate, its affordable cost of living and its rich cultural heritage. Since the end of the financial crisis, a number of town, like Lisbon, have undergone massive rehabilitation works. As a result, it is possible to buy relatively new properties at an interesting price.
Morocco has become, since a couple of years, a prime destination thanks to unbeatable real estate properties on the continent. Cities like Marrakech and Casablanca concentrate almost all the foreign investments in the real estate industry. But before investing, remember to seek the advice of a professional.
This Eastern Europe country, which relies on a promising tourism industry, offers a number of interesting opportunities. A dynamism that has been encouraged by the government, which has set up financial incentives to promote the real estate industry.
For more information on the various investment opportunities in the residential real estate sector in Mauritius, contact Diamond Estates who will guide you in your project implementation.