I want to invest in property but cant decide about the location. Where can i make the best profit?

Question

What are the best places in europe to invest in property?

Answer 1

so

Answer 2

When I purchased my first investment property I really focused on places that I wouldn't mind actually living in because my goal was to accumulate places I could travel to when I get older and have some tax right off right now. I also selected cities that had a high rental rate and were popular (so I could rent it out to pay for the mortgage, etc). I also wanted to be able to fly there and check up on the place without it being a big hassle. What is your goal? It should be more than just "make money". I ultimately selected Miami Beach, FL. I got a condo in South Beach for a very good price. It has doubled in value in 5 years. My plan is to hang on to it for a while because the US market is slow. My next purchase will in Switzerland or Germany because I love those places and I would like a Euro spot. Think about a great place you have always wanted to travel to or live in and start there. I think you will see pretty quickly what will pop to the top for you. Good luck!! Real Estate is fun.

Answer 3

There is a lot of things that you should think before you invest in property, specially abroad as you cannot look after your property yourselves, you need good agent to help you with all the necessary work. One key on an investment, if you are not a millionaire already. Investing on something that do not need maintance and do it yourselves. Otherwise most profit going to the maintance fee and agent fee. About place - rumour that spanish property almost going down hill (price wise) so should be avoided at the moment.

Answer 4

In the UK a good location would be Ashford in Kent.

It is being heavily developed at the moment in terms of infrastructure and in a year's time a fast link to London will open.

This will reduce the commuter time to London from 1 hour twenty minutes to just 38 minutes!

It is expected that many Londoners will move down to this area as property prices are much cheaper than London prices and with the fast link it will take no time at all to get to City jobs.

This increased demand for property in the area should have a large impact on house prices.

A really good investment area for the future!!

Answer 5

An area that is currently being developed. That way you can buy cheap but the prices should soon rocket.
Also an area where the council have little available houses as private renting will therefore be in demand.
Depending on the type of tenant you want, go for near to Universities, hospitals, big companies etc to get house shares and I believe higher rents as you charge per room.
If it's long term you are after then aim young family and look for decent housing with secure garden near to schools and shops.

I would go for the South East area myself. Either Ashford because of the work going on at the moment or the Maidstone or medway towns area as these are good for commuters.
If you just want to sell on once you have done the place up then anywhere will do but make sure the neighbouring houses are in reasonable condition.

Answer 6

Hello Janis,
It's not in Europe of course, but there are great opportunities for investing in realestate in Panama. You can get 220 m2 (2350 sq. ft.) for $315,000. With all the best building materials (marble, granite, etc.), and servants are extremely cheap ($15 a week). In about a year you should be able to sell a property like that for $400,000 to $450,000. There's a major building boom going on there with over 176 buildings over 30 stories currently under construction. You can also rent out the property if you don't want to sell it right away. There's over $6 billion USD being poured in there for the expansion of the canal. Check it out, hope this helps.

Answer 7

Currently in the UK the best places to invest are Southeast(London), scotland and Northern Ireland. The current projected rate for growth in East London ( which is the best part invest) because of the Olympics is 13% in the next 5 years plus finding tenents to rent the property from you is very easy and thus the property pays for itself. although i dont know what the projected growth for Northern Ireland is i can tell you that house proces have gone up 40% (yes 40%) in the past 2 years due to many years of underdevelopment which is now catching up. As for Scotland i dont know much about its market and i wouldnt invest in that shite hole anyway. scotland, NI and southeast england are between them preventing a crash in the housing market in england and we now have a 2 tier system with the afore mentioned as 1 tier and the 2nd tier is most other parts of the UK where the house prices are falling.

Answer 8

At present Northern Ireland the house property as doubled and in some cases trebled in the last two years. Check the web for property in the Titanic Corner of Belfast.

Answer 9

The hottest place to invest at the moment is in areas of Northern Ireland which has seen some 30% increase or more in a year.

Cheap flights to Belfast so check it out.

Answer 10

Buy property in an area with dams or lakes supplied by natural rivers of rain run-off (not mountain snow runoff). Make sure you are near a body of water and have a secure water table. Send me a consulting fee of 10% of your first profit.

Answer 11

Eastern European countries like Romania, Bulgaria and Poland are supposed to be estimated to go up around 5 fold in the next 10 years
Portugal is the best of the nearer to UK places