Overseas Property News
David Stanley Redfern Ltd Reveal Investment Hotspots Part IV
This is the final part of the revelation of David Stanley Redfern Ltd research into global property markets. This will follow on from part III which revealed the top 2 long-term destinations, by revealing places 3rd-5th. You can read earlier parts of the series at the property investment research articles section of the DSR site.
3 - Montenegro:
Montenegro was one of the top tourism destinations during the 1980s, and since it split from Serbia and 2006, receiving a little help from featuring in the James Bond Casino Royale blockbuster shortly after, Montenegro's massively rising tourism puts it on course to regain its prominent position as a top tourism destination. Croatia's Mediterranean climate combined with its gorgeous beaches, and beautiful countryside made it a massively popular tourism destination, and property values quickly tripled in the space of 3-5 years. Montenegro has all the same strengths, and as it sees a similarly massive growth in tourism as it becomes the next hotspot for a cheap Mediterranean holiday, the indications are there for massive appreciation of Montenegro property prices. It is only in the long-term chart because its path to EU entry secures strong economic growth over the long-term.
4 - America:
This might seem like a strange one in the current climate, but you simply can't discount the massive economic machine that is the United States of America. Property values and the weak dollar make buying an American property a lot more affordable than it has been for a few years. And America's integral part in the global-economic infrastructure means it is almost inevitable that the American property market will bounce back, and then people who have taken advantage of the current situation will be in for great profits. This will happen over the short-term and has even begun in some states, but it's being difficult to predict accurately means anyone investing in US property should do so with the intention that there might be a substantial wait and even a drop in prices before they make any real gains, but when the recovery begins the gains are likely to be worth the wait.
5 - Italy:
Despite global turmoil the large majority of Italian property markets continue to remain largely stable, and many new areas are emerging and are currently strong property value growth. Italy will always be one of the most popular tourism destinations in the world, and the governments responsible attitude towards conserving its beauty by preventing over-development, ensures demand remains high for rental accommodation, off-plan and resale properties. This means that an Italian property investment is always going to be a safe one that will show solid and sustained growth over the long-term.
About David Stanley Redfern
David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.
Contact David Stanley Redfern
For more information on the properties available with David Stanley Redfern Ltd please make an enquiry on a particular property of choice or alternatively contact us using our contact details.
Property Investment News
Friday 18th July 2008
Poor Quality of Life Blamed for British Exodus
The European Quality of Life Index, a study conducted by U-Switch has found that British and Irish residents have the worst quality of life in Europe…
Read More >
Friday 18th July 2008
Finland: Economic Success, property investment success
The Aurora Sky hotel apartment complex in the winter -- and summer -- wonderland of Levi has just become an even hotter investment property. Expected rental yields on the development have always been 8-12%…
Read More >
Friday 18th July 2008
Eastern Europe's Bright Economic Future
Albania, with EU help is making moves toward spreading affluence out from the capital and other economically strong areas to some of the more impoverished areas in the country…
Read More >
Thursday 17th July 2008
Phnom Penh Presents Buy to Flip Opportunity
The Aurora Sky hotel apartment complex in the winter -- and summer -- wonderland of Levi has just become an even hotter investment property…
Read More >
Thursday 17th July 2008
Florida Best for Brits
Now is the time for Brits to buy property in Florida, according to the overseas property specialists, David Stanley Redfern Ltd…
Read More >
