Are you a property investor seeking overseas assets that will provide you with a decent return and a consistent income in 2021 and beyond? If you are, you will be glad to learn that many excellent properties are available to invest your money in! Whether your goal is to watch your real estate value rise and then sell it for a profit later or rent your property out and make a steady monthly income to supplement your pay, you will find something that suits you. Before making any investments, be sure to know which questions to ask your realtor before buying a property. With these things in mind, here are some of the best countries to invest in real estate in 2021!
France
You should be relieved to learn that the housing market in France is expected to stay strong. According to the INSEE (Institut National de la Statistique et des Etudes Économiques), most French households feel that now is a favorable moment to make a significant investment, such as purchasing real estate.
Furthermore, as the economy is becoming more digitalized and more people work from home, the French are expected to spend more in their homes in the future, potentially supporting real estate values next year and beyond. Those are some of the reasons why France is so attractive to real estate investors.
Spain
Spain is still a great place to invest in real estate. According to a recent analysis by Spain’s central bank, the Bank of Spain, investors may anticipate a 9% return on their investment in Spanish property, with yearly rental revenues by studio apartments of approximately 4%.
Furthermore, there appear to be excellent buying opportunities in 2021 and beyond. According to FUNCAS, prices in tourist destinations might drop by 10-20% in the short-to-medium term. So, for long-term investors, this is one of the best countries to invest in real estate in 2021!
Italy
The forecast for the Italian real estate market in 2021 and beyond is very positive. Like their French counterparts, Italians are expected to make large investments in their houses as more individuals set up home offices, necessitating renovations and property expansions.
Scenario Immobiliari (Real Estate Scenarios) says that the demand for homes is there, and it will grow! The need for new or refurbished properties will also increase! That need offers many new opportunities for real estate investors.
But, you should be careful when buying a property overseas. The process should be carefully planned with the assistance of your realtor. That way, the whole endeavor will be easier, faster, and safer!
Germany
For foreign investors, Germany’s housing market also promises high profits. This is because prices in German real estate have continued to climb over the past five years. And it’s worth noting that the country has a low unemployment rate and robust population growth.
In May 2020, prices increased by 10.93% over the previous year. That is the biggest yearly price gain for this month ever! This was evident in all markets, including new and current house values and rental rates. Furthermore, analysts predict that Germany’s property cycle will continue to rise for the foreseeable future.
United Arab Emirates
According to industry analysts, invest in Dubai and Abu Dhabi’s property market is expected to expand in 2021. This is because they will host Expo 2021, in which the United Arab Emirates will invest heavily to draw worldwide attention. The country’s premium hotels are projected to be at or near capacity leading to and during the Expo.
Furthermore, the UAE is implementing several measures to boost property values. Banks, for example, can now expand their exposure to 30% from the previous maximum of 20%. Moreover, property developers frequently waive the 4% registration cost to entice even more purchasers. This also benefits business owners and brings more of them to UAE, which also boosts property values.
Thailand
Property prices in Thailand are expected to rise in 2021. That is because developers are constructing fewer condominiums than in prior years. This will boost property values, resulting in a greater return on investment for foreign investors, making it one of the best countries to invest in real estate in 2021.
Furthermore, Thailand’s historically low borrowing rates currently offer a favorable climate for overseas purchasers. The Bank of Thailand’s interest rate is now 0.5%, down from 3.5% a few years ago. Naturally, this reduces the cost of a mortgage, which brings in many investors.
Brazil
Brazil is more than a party destination where tourists can attend football events and beach carnivals. It has emerged as one of the finest destinations for real estate investment outside of big countries in recent years. But, it is always important to take prevailing trends in the market into consideration before making any capital investments.
Research published in 2018 that is still relevant today revealed some striking information. Brazil is ranked second only to the United States among the leading countries for property investment and capital appreciation. It is higher than China, Spain, and the United Kingdom. But, Brazil is still undermined, and the property prices are very affordable. That’s what makes Brazil one of the best countries to invest in real estate in 2021!
Malaysia
The good news is that Malaysia has recovered from the epidemic faster than most other countries. The government in Southeast Asia has experience with pandemics and how they spread. That’s why it was able to respond quickly and prevent the sorts of multiple lockdowns witnessed in Europe. That experience saved their market from crashing.
In terms of real estate, this implies that markets in Malaysia were doing well in 2020. But, others like the EU and the United States are still suffering in 2021. As a result, prices in major cities like Kuala Lumpur have soared. As a result, the capital city may turn you off…
In conclusion
Even though many countries didn’t get a mention, and they should have, these are the top picks of best countries to invest in real estate in 2021. While the United States and the United Kingdom don’t offer much value for money (despite what you may have thought), the ones on this list are profitable and available to almost every investor. Finally, you should always do your calculations and make a decision based on your possibilities and budget.
