If you had US$200,000 to invest in real estate. which locations would you choose to invest for best short term and best long term investments?
Personally I would favour the Red Sea, Egypt. Egypt has a booming economy, is making plans to encourage tourism by easing restrictions on budget airline flying in to the major airports.www.goldbergglobal.com said:I think to start with Abu Dhubi, is the capital of UAE rather than Dubai.
Obviously there are major imlications throughout the Muslim world, whenever there is war. Iraq and impending Iran. Yes to invest in the middle east Dubai or where ever carries political risk. Or any Muslim country, remember the bombings in Bali to Eqypt, markets are always in risk where there is tension in a region, and there will always be tension as there is different religions. Remember Turkey borders Iraq, again both muslim. Europe is predominately Christian and thus has a different set of rules of living and investment.
But there have been troubles in Australia lately (talk of the town) with the new superannuation laws becoming effective on July this year.gregreed said:Stable government, booming economy, low inflation, strong growth and plenty of sunshine, makes Australia a great investment place.
Queensland the sunshine state of Australia offers great returns for investors. You can find out about this market at brisbanepropertyguide.com
Peter Mitry said:Personally I would favour the Red Sea, Egypt.
I find it hard to get enthusiastic about places I would not enjoy visiting and, despite the hype, Morocco falls into that category