Check out the list of 10 best countries to invest in real estate - Turkey, Georgia, Iceland, Seoul, South Korea, Dubai, Colombia, Norway, Sweden, Portugal and US which have shown good appreciation and other factors sway more investors toward FDI.
It is a no brainer statement to say real estate remains the most stable formula to save investment and improves the cash flow because of its escalating demand for ages.
And in addition to this, foreign direct investment (FDI) remains favourable where from $82 billion it has jumped to $85.6 billion as the return value is impressive enough so it has been swaying investors from all the countries to park their money and get spectacular monthly rental value as well as property appreciation.
So if you want to carry forward this plan ahead, then here in this blog you will find the top 10 countries to invest in real estate where the ceaseless range of properties ideally fits all the desires and needs which unquestionably meet the purpose of investment.
LET US GIVE YOU IMPORTANT DEETS ON THE BEST COUNTRIES IN THE WORLD TO INVEST IN PROPERTY:-
Turkey a transcontinental country located mainly on the Anatolian Peninsula in Western Asia and being one of the top tourist destinations in the world (11.5 Million tourists in 5 months of 2022), its emerging economy with many competitive sectors where its political, legal institutions and social are comparatively stronger than any developing countries.
This has impacted the real estate market too, and the nominal growth at 110% in the year to March which is the highest percentage of any country, as per Knight Frank’s Global House Price Index.
The overseas clients got attracted to Turkey’s golden visa program where Turkish citizenship is offered through the property purchase. So residential investment in Turkey is considered the safest investment because the property sale must be recorded in Turkish lira, and here buyers and developers both consider U.S. dollar prices, so the inflation doesn’t have a detrimental effect on the price.
So considering the appreciation and growth in Turkey it allures the investors and buyers both to be a part of a fruitful country where the appreciation makes the idea of investment supportive for the majority.
It is good to know that many countries wish to work with Turkish companies that overall escalate the economy that will eventually scatter its perks in every segment.
Also, the experts say, the Turkish market will stay strong, so this might keep the lower income group and novice home buyers out of it because these much of funds arrangement could be a daunting task for them.
It is a known country located at the intersection of Europe & Asia and widely it is famous for vardzia, an extensive cave monastery dating to the 12th century. It sways with its beautiful architecture & mazelike and cobblestone streets where visitors from different countries come here to imbibe its beauty and architecture.
This time it has hosted 431,300 visitors which is 4.8 times higher compared to the past year. And as Georgia is marked as one of the affordable countries in Europe with higher living standards, it has shown impressive growth in 2022 where the home prices rose 25% and it will continue to surge because of many more factors.
So real estate investment plan in Georgia would be a lucrative decision for the majority as it promises higher appreciation which is a fruitful idea for any investor who can double their amount.
Iceland, a Nordic island which is widely known for its hot springs, volcanoes, geysers and lava fields, and also it is home to Saga and National Museums. So its famous rugged landscapes and scenery cater the attention of the tourist where it is estimated 1.2 million travellers in 2022.
Interestingly, these factors and more have managed to support the housing market of Iceland where it has appreciated by 22.88%, double in comparison to its last year.
More detailed facts below during the year to Q2 2022:
Reykjavik, the capital of Iceland witnessed a jump in the price of a single flat house by 22.12% whereas the price for multi flat houses increased by 23.75%.
It gives a complete city experience laced with modern skyscrapers, pop culture, Buddhist temples, high tech subways, palaces and more variety makes this a notable attraction with many futuristic developments inside it.
And this has increased the tourist in South Korea to 99999 from 81851 and more is expected. And also, it is extremely safe where taxis run 24*7, so its safety is also a supportive factor to draw the attention of investors because they seek a location which is secured and money is invested in the right place.
Other than this, K-pop singers have given a new direction to the location where its popularity has appealed to the real estate segment too. So many luxury homes are in trends which are highly planned to set out the cream of the crop living.
With demand and better tourism, it is expected an appreciation of 11.97% where the existing owners are already in profit and the upcoming are going to multiply their cash flow. So are you the one? Think about your international investment.
Dubai has always been a dream city where world class architecture and the most friendly ambient have swayed visitors to come and experience its beauty & class. This is the actual reason where overnight Dubai welcomed 979.7k overnight visitors in Jan 2022 where the number is still increasing.
Along with this, there are major factors that have perked up the level of the Dubai real estate market and made it a successful zone for massive, so are you the one who would plan Dubai as a main real estate investment hub?
Then it is essential to keep an eye on the prime parameters that lengthen the scope for investors:-
So considering the above mentioned parameters it compels the investors to secure their flow of capital and let its outgrow. And to support the real estate sector the data has shown a boost in price by 10.9 per cent where month on month the price got up by 0.4 per cent (apartments) and 1.2 per cent for villas in May, actually, the Golden Visa scheme is the catch that is opening up a pathway for the investors to invest and if you plan bigger investment, then get additional long tern visa benefits.
Colombia is the world’s seventeen megadiverse country and enjoys the second highest level of biodiversity in the world, and also the 4th largest country in South America.
And as far as the real estate sector is concerned the expected growth is 10.6 per cent in 2022, and Colombia property is 30% lower than the past years and this factor works as a driving force compelling the foreign investors to meet their ideal investment which might not be possible for many years back.
Not just the tourism that works here, but its business ecosystems, tax incentives, economic development and companies providing lucrative advice on investing in Colombia makes it a great investment destination for real estate and business.
One of the major attractions showcasing the massive range of mountains, glaciers and coastal fjords, other than this, it is laced with greenery creating healthy and pollutant free ambient, so it is considered as the prime hub for skiing, fishing and hiking at Lillehammer’s Olympic resort.
So this has fetched the visitors from all the countries and in 2020, Norway registered 1.4 million arrivals, and has impacted the Norway real estate sector where the nationwide house price index rose by 3.26% in Q1 2022 and the economy grown by 4.8% in Q1 2022.
So the overall positive growth has pushed the Foreign Direct Investment (FDI) by 1.5 USD bn in March, 2022, and more strength to it makes Norway a lucrative investment country for abundance.
Sweden is laced with thousands of coastal islands and inland lakes and has more than 50 bridges, medieval old towns, royal palaces, museums, and Gamla Stan are the major attractions in Sweden where tourism is multiplying.
Sweden real estate remained in the limelight where house prices grew 12.8% YOY in March 2022 and this compared to the last year has dropped which opens a gateway for novice home buyers to come and invest in Sweden property which is at an approachable price range, so this way it strengthens the Foreign Direct Investment (FDI).
And Sweden's FDI has increased by 4.7 USD bn in March 2022 and the current a/c recorded a surplus of 6.2 USD bn in March 2022 and its nominal GDP was reported at 146.9 USD bn in March 20222.
So the above-mentioned statistics showcase the right growth and improve the investment prospects for the new users and existing investors are already enjoying the cream.
It is located in the Southern part of Europe on the lberian Peninsula bordering Spain where Lisbon, Madeira and Algarve are the prime regions with the highest cost of residential sector.
Other than this, the renting housing has also increased by 1.2% in May 2022 that comes out to be €11.2 per m2, so renting is a lucrative option too where roughly, the investor can get € 952 per month.
RESIDENCE PERMIT IN PORTUGAL WHEN RENTING OR BUYING THE PROPERTY
So if you plan for it, then Portuguese D7 visa is the prime concern which is accessible on the financial independent foreigners with passive income, and there are major parameters to consider in order to apply for a D7 visa.
So considering the appreciation and demand, Portugal is again one of the best locations for the new investors to come and invest for impressive rental and to have secured property for life.
United State covers 50 states and it is considered as the global financial and culture center, and with emerging growth in every sector where the real estate takes the edge too and witnessed 20% appreciation year over year in February, and the lower number of homes for sale has pushed the price of properties, and there are three major states that have counted major appreciation- Arizona (28.6%), Nevada (25.8%) and Florida (29.1%).
SOME PRIME PERKS IN THE US REAL ESTATE:-
Considering the above-mentioned aspects in the US and its appreciation, it caters the attention of the investors and the new users where they can find better real estate opportunities and be a part of a property that serves stimulating monthly rental and later better ROI over the property.
Above 10 best countries for real estate investment in 2022 creates a leeway for the novice investors to plan their FDI with meticulous planning to watch out every aspect before landing on the final decision because your capital and the country’s stability matter a lot in making your investment profitable.
ADVICE: - Every country has shown different per cent of growth in real estate sector, and as an investor, you shouldn’t be swayed by the % rather with a complete matrix you need to evaluate the future prospects and then place an investment because hard earned money needs meticulous efforts and planning.
