Here the usual date of beginning of the year, forecasts for the international property market for this 2011!
The international real estate market is moving in a positive direction, but not all countries are showing a recovery, it only hinted at or constant.
Therefore the investor for this 2011 act and should consider with great caution and care in selecting markets to be addressed before buying.
The world no longer moves in one direction, as happened during the crisis or during the "bull market" between 2006 and 2007. The markets of some countries are still falling (eg Spain, Ireland, Bulgaria, Greece), others are emerging, such as Britain, but are still too erratic and still others continue their ascent (Brazil).
In any case, the overall picture, sees signs of recovery. The international real estate market will certainly be affected by a positive long-term trend in which the protagonist adjustment of economic forces.
But in this scenario what are the "hotspots", where the destination address?
It is expected that targets the "hottest" in 2011 Brazil will be in pole position, immediately followed by Egypt, then Turkey .
Brazil
Brazil continues to show an economy growing steadily, and still offer housing to satisfy demand: Brazil will need 2 million new homes over the next four years, as the new President Dilma Rousseff continuous social reform through new projects, following the success of Minha Casa Minha Vida, with which Brazilians can now purchase a new home, appropriate to their needs.
Moreover, discoveries of oil reserves and the allocation of Fifa 2014 and 2016 Olympics were decisive events that have made the enormous potential the country for the foreseeable future. But there
to consider that Brazil is no longer a choice of all economic growth recorded so far, and the interest of local and international investors have had an impact on housing prices, which have also risen by 15-20% quickly. is therefore necessary to carefully evaluate the various investment opportunities and select those from the best value for money and with a high potential for employment , be it in housing (do not forget the potential of the local market!) Or tourist (remember that both local and international tourism continues to rise and there will be therefore of increasing demand for holiday accommodation).
Egypt
Egypt has very positive economic data, especially in the last years (GDP 5.8% / 6% + 5% real estate prices in the first quarter of 2010), and has room for further development. Egypt is still a classic developing country, where they are affordable and where growth potential is very high .
The Red Sea, where the sun shines 12 months a year, where tourism is still growing, has not been affected much of the economic crisis world, rather preserves the values \u200b\u200bthat make it very attractive: for example we speak of average yields of 9% annual real estate appreciation and around 14%.
The real estate sector is fervent and the housing market is far from saturation, indeed, the housing demand is steadily increasing.
It 'good to do an overview of the three main towns of the Red Sea: Sharm El Sheikh, Hurghada and Marsa Alam.
Sharm is a location known to be a bit '"inflation" that is open to the public in real estate, but maintains good values, even If prices for buildings in the front line are very high. As of today, to get the best price you need to purchase in the third line, so far from the sea and this makes it impossible to maximize the investment.
Hurghada has developed over the past 10 years, a period in which they have invested too famous brands, Blue Chip (Mac Donald's, Hard Rock Cafe, etc) becoming popular destination in Europe and where they can do even business interest. The important thing is to opt for the latest property remained in the forefront, so you should hurry to invest in Hurghada as there are only two projects in the first line with private beach essential - I repeat - in order to maximize the investment.
Marsa Alam is the latest, most exclusive destination in the Red Sea, which is currently booming. Just because it is the latest destination, prices are affordable and the buildings are, therefore, be an excellent investment opportunity in the medium to long term as they will be involved in a re-evaluation really interesting.
Turkey
Turkey early last summer surprised us with its economic performance.
Turkey has suffered a lot of the global crisis but came out quickly and now its growth is the fastest European of the airport, so that was described by the newspaper industry, "the market more attractive," with an average GDP growth in the last 8 years-10%, so that for the biennium 2011/2012 GDP is projected to more than 5%.
Tourism also reported extremely positive data, making it one of the most dynamic and rapidly developing country. Turkey over the years has become a destination for visitors, especially from the European public in 2005 there were approximately 24 million tourists, while in 2008 the number of visitors has climbed up to almost 31 million.
The country's growth is also reflected in the property sector, where there has been a growth of 21.9% in the construction industry in the last quarter of 2010.
Turkey is now a serious economic competitor, was able to overcome the crisis and the recession and now capitalizes on its fundamental key, experiencing a period of growth and prosperity.
The advantages of purchasing a property in Turkey?
- Affordable prices (average price for Standard Apartment € 40,000)
- Profitability 10.5% annual
- Taxation favorable
These are the three "hotspots" where surely invest in this 2011.
The Florida hand, is a country "to watch: Although the market is still unstable and that there is a new wave of forclosures, well equipped, you can do good business, which will yield long-term .
This year we will focus more on Egypt, with the new project in Hurghada , and short on Brazil Turkey also propose .
And you choose that destination?
For more information and details please contact us! info@dolcecasaitaly.com
0 comments:
Post a Comment