A Little-known Panamanian Law Could Save You Thousands
Date: 01/23/2008
Wednesday, Jan. 23, 2008
Panama City, Panama
Read more about Panama in International Living Postcards—your daily escape
A little-known law in Panama means that you can get financing on your Panama residence at very low interest rates.
The law, due to expire at the end of the year, qualifies buyers of certain homes for mortgage interest rates of 2% to 3%.
Read OnCash in on Eastern Europe—Buy Bucharest Now
Date: 01/19/2008Saturday, Jan. 19, 2008
Learn more about investing in foreign real estate in International Living Postcards—Saturday Edition
I was bullish on the renovation market in Bucharest in 2005. But I’m hot on the whole country of Romania for 2008. The market has moved on from renovations…to pre-construction. And forces are aligning to catapult this market to boom status.
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The Best Rental Returns in Uruguay
Date: 01/18/2008
Friday, Jan. 18, 2008
Punta del Este, Uruguay
Read more about real estate in Uruguay in International Living Postcards--your daily escape.
Punta del Este’s population grows to about 200,000 during the summer months (January to March). The good news for potential investors is that there are not enough hotels and short-term rentals to accommodate this seasonal invasion. In fact, you can charge up to $14,000 to rent your $200,000 home for the month of January, depending on its location.
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Get Your Piece of Undervalued Caribbean…Before Prices Rise
Date: 01/16/2008
Wednesday, Jan. 16, 2008
Samana Peninsula, Dominican Republic
Read more about beachfront property in International Living Postcards—your daily escape
The Dominican Republic is one of the most undervalued Caribbean destinations. And although the Samana Peninsula isn’t the cheapest area in the Dominican Republic, recent economic progress suggests this hidden gem may be one of the best locations for investors looking for real estate.
Read OnHow to Finance an International Property Investment
Date: 01/12/2008Saturday, Jan. 12, 2008
Read more about international real estate in International Living Postcards--Saturday Edition
You can make (or lose) a fortune in real estate thanks to the power of leverage. No money down means you can pocket big returns from just a little market appreciation.
But with leverage comes risk…both for you (the buyer) and for the bank.
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Wiping Your Face
Date: 12/29/2007In this Saturday Edition from the vaults, originally published June 10, 2006, Lief Simon considers the circumstances that might cause you to walk away from international real estate investing altogether…
Saturday, Dec. 29, 2007
Learn more about investing in foreign real estate in International Living Postcards--Saturday Edition
"I know that Lief Simon is still advertising that he has never lost money in a deal,” says a reader, “ but I'll tell you that I have lost a lot of money following his advice. This is a very risky business if you are not where the investment is and an expert in that local real estate. And it's especially dangerous if it's one of the pre-construction deals that this operation loves to hype. One never knows what the situation will be a year or two in the future. I would avoid these enticements like the plague!"
Read OnWhere to Find Low-risk Real Estate Investments
Date: 12/22/2007Saturday, Dec. 22, 2007
Read more about investing in foreign real estate in International Living Postcards--Saturday Edition
You have watched others do it, and you have read about the opportunities in these dispatches. Now you’re ready to make money investing in foreign real estate.
But you also want to be able to sleep at night. So you must ask yourself a key question:
How strong is your stomach?
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