Find your own slice of heaven in the international real estate market...
Saturday, June 21, 2008
Get more tips on investing in foreign real estate in International Living Postcards—Saturday Edition
I know two (elderly) American sisters who rent out their Paris apartment when out of town. Because they use it sometimes, they decorated it for themselves with high-end antique furniture, crystal glassware, linen tablecloths, and plenty of breakable knickknacks. While this gave them a comfortable apartment, it also limited the type of renter. No children, no pets, no singles...only couples who were put through a rigorous process before being allowed to book the apartment.
Read OnFriday, June 20, 2008
Read more about Panama in International Living Postcards—your daily escape
The scuttlebutt has been flying fast and thick about property tax reform in Panama.
One of the things that makes Panama so attractive to expats is a hefty real estate tax exemption…or it was, until it was allowed to expire last year.
Would it be allowed to die, or would it be resuscitated by the Panamanian government? The answer would say a lot about how the powers that be in Panama feel about foreign retirees and property owners.
Read OnSaturday, June 14, 2008
Learn more about investing in international real estate in International Living Postcards—Saturday Edition
Few places in the world offer real estate as cheap as what you’ll find in Italy…even if you’re buying with U.S. dollars. Right now you can buy a 60-square-meter house in the Abruzzo region for €10,000.
Read OnFriday, June 13, 2008
Learn more about international real estate in International Living Postcards—your daily escape
I met Ronan McMahon four years ago on the shores of Lake Apoyo in Nicaragua on a real estate tour.
He was an International Living new hire back then, and I remember how out of place the tall, pale Canadian-born Irishman looked, blinking at the bright Central American sun from under a restaurant awning and gingerly nursing a cold La Victoria beer.
Read On
Monday, June 9, 2008
Northern Morocco
Read more about Morocco in International Living Postcards—your daily escape
Sparkling blue water and an unbroken stretch of soft, sandy beach stretched out before me as I looked south from the new complex of vacation apartments on the Mediterranean.
If, like me, you’ve always dreamed of having a place of your own close to the Med with a view of the famous sapphire waters, you’ve probably been put off by the high property prices. But earlier this year I discovered a coastal region where prices are less than half what you’d pay for similar properties elsewhere...
Read OnSaturday, June 7, 2008
Learn more about investing in overseas real estate in International Living Postcards—Saturday Edition
Besides the technical differences you’ll encounter when buying real estate overseas—notaries versus attorneys, net pricing versus detailed and disclosed commission structures, stamp duties, transfer taxes, title issues, etc.—prepare yourself also for cultural differences: things that won’t make any sense to you, and that are perhaps even illegal in your home country.
Read On
Wednesday, June 4, 2008
Paris, France
Read more about France in International Living Postcards—your daily escape
As a long-term investment, Paris property is low risk and has always appreciated steadily. Give or take a small bubble bursting in the mid-1980s and late 1990s, it’s not a speculative market. Property prices for the city as a whole rose a healthy 8.7% in 2007—good enough to attract hard-nosed investors and romantics.
Paris is a city of dreams. Nowhere else in the world exerts the same charm or attracts as many visitors. Every year more than 80 million tourists come to tread the well-worn cobbles by the Louvre, browse the booksellers’ wares on the banks of the Seine, or get dazzled by the Eiffel Tower at night. With unique selling points such as these, Paris property will always hold its value.
Read On