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| *Travel Tips>>>General - Latin America Travel Tips |
Best place to buy real estate property? |
Travel Info In the past 3 years i have bought 4 properties, 2 in Nicaragua, 1 in Costa Rica, and 1 in Colombia. I have re-sold them and made almost more than half of what i paid, the properties in Nicaragua sold fast one was beach front in San Juan del Sur, the other in Granada which is a nice colonial city. The one in Costa Rica was amazing, in Guanacaste. The one in Colombia took over a year to sell but it sold for about 30% more than what i bought it for. So my question is where should i buy more real estate? What country, and maybe a city do you recommend, and do you have any experiences there? I'm mainly looking to buy in Central and South America. Travel Tips Nicaragua has the best oportunity if you want to develop. The rest is based on commodities and politics. The most undervalued is obviously Venezuela for political & currency reasons - Huge Risk - ???? Reward............ Colombia seems to be strong economically and commoditywise. Good Chance to make small profity there, no chance for a big profit or loss. Costa Rica - Wat overvalued - Bubble bursts with US Nicaragua real cheap but you must develop as well Mexico - Normal, no chance to gain Brazil - Currency too strong - you'll lose Same with Argentina Chile - Same Uruguay - Possible good buy for sales to Argentinians Others I think the bestest place to buy a real estate property is in Miami, it will be costly but it will be worthy. the real estate boom is over,you could burn yourself Right now there's a real estate boom going on in Panama. There are different opportunities available for real estate investment. Last year at the National Association of Realtors Panama took center stage on the Central American investment agenda, even more than Costa Rica. Donald Trump is having his one of his towers being built in Panama, so you can use that as a reference. There are a lot of resources on the net about this, so go ahead and make your research on it. You won't be dissapointed. http://www.gloscorp.com Legal & Financial Consulting in Panama I hear Belize has a lot of land for sale, and that its amazing! I actually know someone who bought beachfront property in Belieze. They love it there. I try to sale a wonderful place in Costa Rica, but is suggered for hotels investors. I don't know if you are interested, you can reach me at lurbina2@yahoo.es, i can send you english information. bye |
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