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Anyone who has ever browsed international
property websites has come across lists of current overseas property
hotspots. They seem to be becoming more and more popular. But are
they useful? Should they be trusted? Are they there simply to
hype-up the countries handled by the particular websites to increase
interest and thus, improve sales?
A quick search of the web will reveal many websites that claim to
list the best countries in which to buy overseas property. However,
one of the problems with lists is they tend to vary depending on the
criteria applied to compile them.
For example, country “A” may top the list on one website, whilst on
another site the country appears well down the list or does not even
make the list. Perhaps a reason why country “A” topped the list on
the first website might have been because, unlike the second
website, the compiler failed to take into account the complex and
expensive legal procedures required to complete a property purchase
in country “A”. If this was the case, then the second website’s list
was clearly more objective and reliable. So basically, unless you
know the criteria used in compiling a list, the information should
be treated with caution.
There are often cases where a property website presents a list of
global property hotspots but the list has little to do with the
country’s investment potential. Countries are listed simply because
they are the ones that just happen to be promoted by the company.
Again, a healthy helping of caution is required. Lists can serve as
a general indicator of a country’s potential but they should never
be used as substitute for good research.
This is where Propertyshowrooms.com is different. We take into
account a wide range of factors when compiling our list of top
property hotspots. If you join the International Property Investment
Network (IPIN), you will have access to unbiased and comprehensive
investment data. The information available to IPIN members includes
country guides, investment strategies, and most importantly, IPIN’s
due diligence procedures.
Having established that overseas property lists should generally be
treated as a rough guide, over the last few months
Propertyshowrooms.com have been monitoring a cross-section of
leading overseas property portals in an attempt to assess “the big
picture” as to which countries are most featured in their listings.
Anyone who has even a sketchy knowledge of the overseas property
market will probably not be too amazed to learn that Bulgaria
consistently tops the list of a number of property portals. Brazil
and Morocco are also up there with the great and the good. Perhaps
some people will be surprised that Germany and Canada appear in
several lists.
Here is Propertyshowrooms.com’s “List of Lists”. We correlated our
“List of Lists” by monitoring a cross-section of leading overseas
property portals over a 90 day period:
Bulgaria
Brazil
Cape Verde
Morocco
Malaysia
Italy
Turkey
Australia
France
Portugal
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