Published by Ronald Gray on January 5, 2018

Emerging real estate hotspots in the developing world

The real estate market has had its fair share of booms and busts and for many experts, the industry should expect a new list of rising locations that will soon top the charts of the up-and-coming property hot spots outside of the developed world.

After the price stagnations experienced by some of the top real estate hubs in the West, many investors are seeking refuge in the promising markets of the developing countries, taking on additional risks while confidently hoping for long-term price appreciation.

Here are some of the cities with the most attractive property markets today:

 

  1. Jakarta, Indonesia
Image source: asiagreenbuildings.com

Image source: asiagreenbuildings.com

Indonesia may be a relatively small country but its 260-M population is driving an unprecedented growth in foreign investment, specifically in the real estate market.

The center of the expected boom in property investment is in Jakarta, the country’s rising superstar that is currently experiencing a surge in development. Furthermore, it’s an ideal feeder market to major economic hubs like Malaysia and Singapore.

 

  1. Ho Chi Minh City Vietnam
Image source: ermakova-photography.com

Image source: ermakova-photography.com

Vietnam is considered as one of the fastest growing nations in the Southeast Asian region, with an expected GDP growth of approximately 6.5% in 2020. Most experts agree that the country’s economic growth can be credited to its growing Foreign Direct Investment (FDI).

Even if Vietnam only recently opened up the country’s property market to foreign investors, the move has delivered impressive results and further encouraged fast economic growth, thanks to the government’s effort s to promote low entry costs and favorable policies to investors.

 

  1. Mexico City, Mexico
Image source: cityexpress.com

Image source: cityexpress.com

The Mexican city has been an important economic gateway to Latin America and its emerging economy has caught the attention of many big investors in and outside the country.

Thanks to Mexico City government’s efforts for redevelopment and the support of its middle class, the city is being transformed one neighborhood at a time.  Furthermore, experts are looking at the city’s full range of property prices that are especially attractive to both small and big investors.

Published by Ronald Gray on November 17, 2017

Three underrated retirement destinations that deserve your attention

Preparing for retirement involves a lot of careful planning and wise decision making. Aside from securing a sturdy financial safety net during your golden years, there’s one important aspect that everyone seems to ignore: finding the best place to retire.

If you want to find the perfect destination to spend the rest of your golden years, what are the things that you should keep in mind? To answer this question, let us take a look at some of the best cities in the world to retire.

 

  1. George Town (Malaysia)
Image source: findingbeyond.com

Image source: findingbeyond.com

George Town is the capital city of Penang and has a lot to offer especially for Western expats and retirees who love food and culture. Unlike Kuala Lumpur, this Malaysian gem is one of the most underrated retirement destinations in Asia.

The city boasts an attractive medical care to its residents and the cost of living is quiet reasonable for a smaller Malaysian locale. Plus, the region offers excellent culinary experience at affordable prices. Most importantly, English is widely spoken and it considered a second language for a higher percentage of its population.

 

  1. Mazatlán (Mexico)
Image source: visitmexico.com

Image source: visitmexico.com

This retirement haven in Mexico is known as the most popular North American expat community for a reason. It’s a paradise set on a Pacific coast with a long list of historical attractions. Its food are one of the best in the region and it also has its own international airport. The best perk in living in Mazatlán especially for retirees is their warm and tropical climate.

 

  1. Valletta (Malta)
Image source: wholemalta.com

Image source: wholemalta.com

This small Mediterranean city is ranked second in the Live and Invest Overseas in 2016. It is located north of the Northern African coast and south of Sicily. It’s also easy to qualify for residency in Valletta and one way is to rent a property (apartment or any residential) as long as it meets a certain threshold.