Real Estate Articles
Find your own slice of heaven in the international real estate market...
Seaside living for less than $117,000: Abruzzo and Molise, Italy’s affordable Adriatic
Date: 06/01/2008
Author:
Steenie Harvey
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Uruguay’s “Forgotten Coast” is home to the country’s best beachfront property deals
Date: 06/01/2008
Author:
Lee Harrison
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The Due Diligence Dilemma
Date: 05/24/2008Saturday, May 24, 2008
Read more about investing in real estate overseas in International Living Postcards—Saturday Edition
A friend is investing in a pre-development real estate deal in Panama. It’s his first foray into international real estate, and he’s taking his due diligence seriously. He’s had his attorney in the U.S. look at the contract, but that attorney doesn’t do real estate law, so he passed it along to another attorney who does. However, this real estate attorney doesn’t know anything about Panama or the British Virgin Islands, where the holding company for the development resides, so he passed the contract on to an attorney who does deals in the British Virgin Islands.
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Piping-hot Pre-construction Deals on Brazil’s Northeast Coast
Date: 05/23/2008Friday, May 23, 2008
Read more about real estate in Brazil in International Living Postcards—your daily escape
If you’ve been following International Living’s recent Postcards, you’ll know that I am bullish on the stretch of coastline along Brazil’s northeast coast. IL’s Editorial Director Len Galvin and I recently spent 10 days on a scouting trip on this stretch of coastline. This area (around Fortaleza) represents the best beachfront buy on the planet right now: beachfront lots for $30,000; second-tier ocean-view lots for $16,000; sea-view two-bedroom, two-bathroom condos from $83,000. You can even build your own luxury home with a pool on an ocean-view lot and still have change from $100,000.
Read OnBuying Pre-construction in Croatia
Date: 05/17/2008Saturday, May 17, 2008
Read more about investing in overseas real estate in International Living Postcards—Saturday Edition
The Croatian real estate market has matured over the last few years. Prices appreciated rapidly as Europeans came in and bought coastal properties and farmhouses to renovate. The expectation was that there would also be new construction, but new development was stalled for several years as the government revamped its planning approval process. While the government was fine-tuning the rules, the only new homes available were small apartment buildings that were outside of the planning requirements.
Today, the options for new construction have multiplied, and buying pre-construction is again an option for investing on the coast of Croatia. While you can buy with the idea of flipping before closing, it probably makes more sense to hold onto your apartment and rent it out.
Read OnThanks to Daniel Ortega, Beach Prices Are a Steal
Date: 05/16/2008Friday, May 16, 2008
Read more about Nicaragua in International Living Postcards—your daily escape
Along the southern Pacific coast of Nicaragua are rocky outcrops and pounding surf. Although frequently compared to the coast of Southern California, this doesn’t do Nicaragua’s Pacific coast justice in my mind. The wave breaks along this stretch of the Pacific attract surfers from all over the world…dramatic rock formations and ridges present unparalleled ocean vistas…and the brilliant scarlet and orange sunsets are truly jaw-dropping.
Read OnWhy Emotional Investors Lose
Date: 05/10/2008Saturday, May 10, 2008
Read more about investing in real estate overseas in International Living Postcards—Saturday Edition
One rule for investing in real estate overseas is to buy what you like, whether it’s beachfront condos or old farmhouses. This rule can become problematic, though, when you become emotionally attached to a place...when you like the idea of the property so much that you don’t want to sell it, even though your appreciation might have peaked and your money could be better invested elsewhere.
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