Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 05/29/2016
Buy and hold abroad using new era technology
Hi BP,
Being Italian but working in Dubai I can't really say that at the moment I have a precise market where to focus on. Having a 10-12 years investment plan to build up a portfolio to sustain my retirement I consider Dubai RE market too volatile and I don't feel safe for my strategy, unless a future drop of prices will make me change my mind.
On the other side, the town I live in Italy, north of Rome, is still economically very weak, still overpriced and not offering interesting ROI.
So, the idea is to look for opportunities in Europe (my niche is students rental), searching for areas with a good growth potential and ROI. I understand the importance of knowing specific areas well, as this would make my life easier, but I also think that with the technology we have nowadays (maps, street view, market analysis, etc), some research and a rigorous approach, this is something that could produce very interesting results.
I'd like to know your thoughts, investors!
Luca