Investing in Overseas Real Estate

If you are looking to invest abroad, you’ll probably want to consider these markets recommended by Luther Ragsdale, an established real estate coach, and a trustworthy name in the industry. In this article he shares some of his insight on living abroad, retiring and investing in a foreign country. Although it may sound like an inviting proposition, when you have the entire world to choose from, narrowing down your choices, and finding the right destination for a home-away-from-home can be an intimidating task. Fortunately, on this occasion Ragsdale the best countries for buying a home abroad.

First on the list for best places to invest in South America’s gem, Argentina. Don’t let the country’s bad economic situation rebound you from making an investment in this sunny country. Great drops are often followed by nice uplifts. According to Ragsdale, investment in Argentina has always been a matter of timing, and now it’s the right time to buy. But the question remains, what should one buy? Apartments in Buenos Aires who qualify among the most interesting ones in the world, says Ragsdale.

Istanbul, Turkey’s biggest city is the second best choice for purchasing real estate. The Turkish real estate market didn’t experience a complete debacle during 2008 and 2009, unlike most markets in the world. Real estates in some areas of Istanbul have lost around 25% of their value, but, in just a year and a half, housing prices again went up. The average annual growth rate of 10% to 15% is still legit, and experts like Ragsdale expect it to continue. Despite these impressive growth rates, real estate properties in Istanbul are still cheaper compared to other world capitals. The lowest price is around $ 1,000 per square meter, which can be a great business move.

The Dominican Republic is mostly known as an internationally popular tourist destination, visited by an impressive number of tourists due to its beautiful sandy beaches and mild temperatures. The reason why Luther Ragsdale recommends this market is because the island is attracting more and more foreigners, and property values are still terribly cheap compared to the rest of the Caribbean.