Where do you thinkis the best place to invest in real estate, say, 10 years in the future?

I would probably say Las Vegas. It is the US's largest growing city. It grew 83% from 1990-2000! I wouldn't invest in skyscrapers, yet luxury condominiums in the downtown area.

What do you think?

In the US, Las Vegas is great, but land there is already expensive. I think investing in Raleigh-Durham in North Carolina would be a great idea. Austin, Texas might also be a good bet.

Internationally, buy as much of the United Arab Emirates as you can. The potential of the Gulf region is huge, and will only increase as the region moves closer to the West. I also think India has enormous potential. China seems like a good bet, but many investors have already invested in China. Also, because land is cheap in China (and because of the currency conversion rates), a foreigner would have to invest a lot of money to see significant returns.

In general, if you want to invest in small amounts, invest in American land. If we're talking about huge investments, look internationally, and think big (Dubai-style).

p.s. The UAE is largely government owned, so you'll have to look hard to find land you can purchase, and I have no idea what their laws are on foreign investment.

i believe there are opportunities eveywhere in the world for real estate. Invest in the place i know the most would be my choice 'cause i can identify which building/land is under value. We make capital gain on the price i buy it compared to the price i can sell later.

But, if we speak about long term investment, well, why not just invest in a property fund, might be a good and secured strategy. For myself, East of Europe or Asian one...

We make capital gain on the price i buy it compared to the price i can sell later.

Wouldn't it be a better idea to develop new property in these growing places?
But renovating and selling a building is a great way to make some cash too.

A lot of building are suspended in Bangkok... Take over those building is good for margin 'cause you usually buy it from banks (collaterals get from 1997 crisis) or overdebt companies. But it is also good for landscape to renew those old unfinished buildings.......... Property funds also invest a lot in new properties with Join Venture though local developers.

A lot of building are suspended in Bangkok... Take over those building is good for margin 'cause you usually buy it from banks (collaterals get from 1997 crisis) or overdebt companies. But it is also good for landscape to renew those old unfinished buildings.......... Property funds also invest a lot in new properties with Join Venture though local developers.

So your trying to say that the building is the collateral itself.

Renewing older buildings does generate quite a margin. I used to work in a building that's main purpose was to produce a margin.

Where do you thinkis the best place to invest in real estate, say, 10 years in the future?


Definetly in Mars :drunk:

Definetly in Mars :drunk:

Possibly in 50 years.

Moon in 20.

if you simply buy some land in south korea, your wealth would be like92352385238957 times more prosperous because of the very fast rise in land value

really, South Korea is highly growing? how much per acre? what is the market there?

In France in the southwest. The British demand is at its high and keep increasing. The houses are still rather cheap (well, they have risen a lot) and you can buy some abandonned house, make them cool again, and sell them a 150% of its real price to a British, the mother of a friend sold her house at this rate.

My house was about 150.000€ just a few years ago (7 years ago), now it's 300.000€ and is exepted to rise a 500.000€. To give you an idea.

The whole Asian region looks very dynamic now...especially China. Of the G7 countries, I would only buy into the US.

The whole Asian region looks very dynamic now...especially China. Of the G7 countries, I would only buy into the US.

China is very dinamic now, because man power is cheaper than high-tech machinery, no unions, no health care, no social security, no so on social care concerns, how long can western countries buy goods from these careless nations? investments can be on short term only to be safe.

really, South Korea is highly growing? how much per acre? what is the market there?

a LOT

how broad. picking out a city isnt the best way of investing money, all cities have areas that go up in price and other areas that go down in price. the trick is to find a rapidly gentrifying area and move in just as the process kicks off.

Exharcus, when you mention houses in Southwest of France to sell to British, you refer to which cities??? 'cause, from what i know, North-West would be more proper due to easy transportation... well, i used to leave there and saw lots of British coming on week end... um, it is interesting.....

Exharcus, when you mention houses in Southwest of France to sell to British, you refer to which cities??? 'cause, from what i know, North-West would be more proper due to easy transportation... well, i used to leave there and saw lots of British coming on week end... um, it is interesting.....


Not exactly in city, they prefer to buy big houses and villas outside city. Because there are many unused landscapes in France and not in England they can get to rather isolated area.

It was in Dordogne a few moments ago, then Gers, now they are trying the Hautes Pyrénées. Spot for the department without much urbanisations.

They don't come for a week end or just for vacantion. They come to leave UK behind them and stay here.

wow, it is interesting, i will contact my old friends in that area.. haha.. Vive la France!

pakistan.

my friend made a very small shopping center there, costing him only 5 crore rupees (500,000 uk pounds) and he made 12 crore profit (1,200,000 uk pounds, 1 million and 200,000 pound)

500,000 pounds is quite an investment!

if you simply buy some land in south korea, your wealth would be like92352385238957 times more prosperous because of the very fast rise in land value

That's right. The average apartment value in Seoul quadrupled during the last decade. For example, one of my friends' parents bought a three-bedroom commieblock apartment in Daechi-dong, Gangnam District at $200,000 five years ago, and now it worths more than $600,000.

500,000 pounds is quite an investment!


1,200,000 is quite a profit too.

Land o Mars could be a phenomenal investment, long term. Presumably the price per acre would be incredibly low. But its possible that in 30 years or 80 years there would be a big payoff. If you bought at $0.10/acre today, maybe you could sell at $1/acre the moment the first manned mission succeeded (2020?), at $10/acre when people started living on the planet (2050?), and $10,000 an acre once someone had a specific desire for your land (2100?).

Consider buying property that's low-priced but has potential. Don't buy property that's already risen a lot in price. (Why is it that people who only buy soap when it's on sale will only buy real estate when the price just went up!?)

That's right. The average apartment value in Seoul quadrupled during the last decade. For example, one of my friends' parents bought a three-bedroom commieblock apartment in Daechi-dong, Gangnam District at $200,000 five years ago, and now it worths more than $600,000.


Hell, and for 300.000€ here you have a 320m² villa with 2000m² garden..... :eek2:

pakboy, 1200000 is quite a profit, but its not so large compared to the cost of investment. My point is that very few people can afford to invest 500,000 pounds, especially to only churn out a 300% profit.

Les Wexner, the founder of Limited Co. (which controls Victoria Secret and other stores) started with a few thousand dollars that he borrowed from his aunt. Today, he is worth several billion dollars, and the company he founded is worth several billion more. Now that's a good investment!

wat is the best place for a poor man to invest in to make a big profit.

I disagree. A 200% investment in ten years beats the hell out of most investments.

Wexner's investment was infinitely more than a few thousand dollars. He invested tens of thousands of hours of his time. Other partners added millions over the years. Wexner made a killing, but it's not the growth rate you suggest.

wat is the best place for a poor man to invest in to make a big profit.

Not much a poor man can invest in, am I not right? You need money to make big money.

you just need to play with other people money... why you have to buy when you can just make margin on deposit money or option on land?...

I feel the investment of USD 200,000 becoming USD 600,000 is between 10 - 12% a year which is not that bad but not that incredible. Well, i also think that they enjoyed this apartment for 10 years or maybe lease it, which is other source of profit...

ummmm, let say this kind of investment is for wealthy people already.. For people that want to invest less and bet on a high capital gain, just play on deposit, so you know what you can lose and you can expect a "huge" capital gain!!!

500,000 pounds is quite an investment!

It quite is. That must be almost 1 million Canadian dollars!

but even One million Canadian dollars is'nt enough capital for a sigle highrise building.

True, but highrise buildings are huge investments. They are generally built by huge corporations or already prosperous real estate firms (e.g. Trump). And, one would expect the profit to be several million per year.

It quite is. That must be almost 1 million Canadian dollars!

but even One million Canadian dollars is'nt enough capital for a sigle highrise building.

I wonder where heh. Fore 500.000 pounds you can build not much. About 2000 square meters. I even didn’t count in the cost of the land.

My gut feeling would be somewhere like croatia by the coast. Potential for increasing tourism, as eastern europe gets richer more people going on holiday, more people buying secondd homes, people from western Europe moving away from Spain as a destination, and the liely hood of cheaper flights there. However this is justa feeling, maybe I've allready missed the boat.

My gut feeling would be somewhere like croatia by the coast. Potential for increasing tourism, as eastern europe gets richer more people going on holiday, more people buying secondd homes, people from western Europe moving away from Spain as a destination, and the liely hood of cheaper flights there. However this is justa feeling, maybe I've allready missed the boat.

Croatian coast already seems quite expensive. I'm currently checking out Slovenia, year round tourist potential with skiing, already in the EU so easier to buy and less political risk.

http://www.euroburolimited.co.uk/slovenian_property.htm

i'd say dubai. so much is uc right now! many europeans invest money in real-estate and business towers there. they buy it cheap from the developer and want to resell it for a higher price once the building is finished! every tower or residential project uc at the moment is almost sold out!

if everything continues the way it does right now, dubai is the place to invest money in real-estate. btw: ground is very cheap!

Where would I invest?
Russia, Brazil, Indonesia, Vietnam and Malaysia.

^All of them?

Russia is interesting, i was wondering how the market is doing there... But where in Russia??

The UAE is largely government owned, so you'll have to look hard to find land you can purchase, and I have no idea what their laws are on foreign investment.

I think you can only legally own land in the UAE if you are a citizen of this country, no exceptions. I have heard it is impossible to adquire citizenship unless you have been born there. We need a UAE forumer to clarify this for us.

I think there may be exceptions for corporations, or maybe certain areas are open to foreign investment. Or perhaps the government allows its land to be rented out and developed. In any case, there's obviously a lot of foreign investment in the UAE.

This might be a good question to post on the UAE forum.

By the way, less than 20% of the UAE's population are citizens.

Málaga and Costa del Sol in south of Spain is a good place for investment.

It's the area of highest growing in Spain and probably in Europe. An important residential area of Europe and its comunications improve in 5 years with a new highway, two lines of subway, high speed train, coast train. And the best weather in Europe. I think it's a very good option for investment now.

eastern european cities.
commieblocks are as safe an investment as bricks and mortar

right on we love the commieblocks

:horse:

They are good, but you have to make sure people are coming in the city, and fast!
Or Else

lahore and karachi are having a hugeeeeee real estate boom, nearly every buisnesman is trying to make a tower there.

id say Uae, one of my friends uncle bought a land there for 200,000 dollars, then he sold to a company for 1.8 million dollars

For anyone interested, this is a great article on the global real estate situation (from a year ago, but the theory is still relevant).

http://www.economist.com/displaystory.cfm?story_id=1794873