Overseas Property Investments
"To invest or not invest in overseas property?" – A question that certainly worried about today, most investors. And worry not without reason – the global financial crisis is not the best impact on the market real estate in many countries: in some reduced prices, others are frozen construction. However, it is not so bad and hopeless as it might seem at first glance. Moreover, because the situation can be the right approach, draw considerable profit. First of all, here's why: the crisis has played into our hands by the fact that an effect on the world economy as a litmus test. For example, it has become clear in what countries swelled financial "bubbles": after all these bubbles now burst, causing a fall in house prices, freezing construction projects and construction companies in bankruptcy (such avalanches we have seen, for example, in Egypt, Turkey and even in Spain). On the other hand, the same crisis has given us understand in what countries the real estate prices initially meet reality: there we are witnessing "a wait and see" stagnation, but not panic: the demand for property decreases, but the prices are not falling, and started construction brought to the end (as occurs, for example, in Italy, Germany and Hungary). About real estate in Hungary, I want to tell more, because at first glance, it is surprising that Hungary – a country with a developing economy – has stood the crisis is not worse than Germany and Italy – countries with developed economies.
