Panama Real Estate - Past, Present and Future

by Mona Sutherland and Julieta Ledezma

Panama Real Estate

Since the Spanish Conquest, Panama has held a privileged geographic, commercial and cultural position. Panama was first visited by Europeans in 1501 on an expedition led by Rodrigo de Bastidas. Santa Maria la Antigua del Darien was the first city on "terra firme", founded by Christopher Colombus. After crossing Panama, Vasco Nuñez arrived at the Pacific Ocean, and it was then that the Isthmus gained importance as a passageway, which is still true today.

From this era, the first "Panama Real Estate" was erected, including numerous stone buildings. In the 16th century, these buildings were part of Panama’s city center, known today as Panama City "La Vieja," which was destroyed by the pirate Henry Morgan in 1671. Nowadays, these buildings provide Panama City with a beautiful historical landmark. The total destruction and looting led to the construction of a new Panama City in 1673, which is better known today as Casco Antiguo, named a heritage for humanity by UNESCO in 1997 and is presently one of the city’s most valuable real estate sectors.

From Avenida Balboa one can actually observe the stark contrast between the past, present and future of Panama. At one extreme is Casco Viejo, the oldest city on the Pacific Coast of the Americas. Casco Viejo’s architecture is a mixture of influences from the Spanish Explorers and French Colonial, from the first attempt made by the French to build the Panama Canal. Punta Paitilla, also visible from Avenida Balboa, is a well established residential zone possessing the highest concentration of skyscrapers in Panama City. Next to Punta Paitilla is Punta Pacifica, an up and coming residential zone undergoing an immense amount of construction, including the well known Trump Ocean Club, among other breathtakingly beautiful high rise towers, all with unobstructed ocean front views.

The Real Estate Boom in Panama - A Property for Everyone

Though Panama is small in size, its variety of real estate is huge. The spectrum of Panama real estate includes properties on deserted islands, spectacular beaches, highland estates and apartments in the center of the metropolitan Panama City. Panama offers unparalleled opportunities for investors, businessmen and retirees looking for a change of pace.

Panama’s unique characteristics, such as its circulating currency (the United States dollar), social and political stability, the warmth of the people and the beauty of the environment, have converted Panama into a favorite destination for many travel buffs. Furthermore, these same characteristics have provided the fuel for the real estate boom currently taking place in Panama.

In Panama’s highlands, one can find a mild climate, ideal for farming, raising livestock or simply enjoying oneself. The quality and beauty of its beaches and crystalline waters, on both the Pacific and Atlantic coasts, separated by a two hour drive, leave many breathless and yearning to return. Or, better yet, purchase real estate and make it a second home or retirement destination.

Panama City, the capital of the Republic of Panama, is a bustling and fully functional business center, possessing all the comforts of the first world, not to mention all the vitality and liveliness of its yearly "Carnavales" parties.

Thanks to these and other advantages, the industry experiencing the largest amount of growth in Panama is real estate, with over 70% of projects intended for retirees from North America and Europe.

Investment Opportunities in Panama

The real estate boom in Panama can be attributed to various factors. Firstly, legislation was passed providing incentives for developers and buyers, including extremely beneficial exonerations and subsidies for the real estate industry in Panama. The favorable laws have attracted well known, powerful foreign investors to Panama, including Donald Trump, who is developing the Trump Ocean Club, a project that includes a hotel, casino, yacht and beach club and condominiums, among other comforts.

Panama’s beauty and benefits has contributed to its international fame as a popular destination for retirees, given its comforts and low cost of living. In Panama, there are currently around 15,000 North Americans that can live well on $2000 dollars per month.

Furthermore, 30-year financing is available from recognized financial institutions for approximately 80% of the property’s value. However, please seek the advice of a legal professional.

Panama has been an interesting destination for the traveler, businessman and immigrant since colonial times. The real estate boom will undoubtedly lead to the rediscovering of this tropical paradise.

About the Author
Mona Sutherland and Julieta Ledezma are content editors for latin america real estate tv

Sarasota Real Estate: Home Sales Trend

 

by Roma Agsalud

s 2006 was about to come to a close, Sarasota’s existing home sales edged slightly upward by 2 percent in November, compared to same month of 2005.

According to reports released by Florida Association of Realtors, the increase might have been attributed to falling median prices, from $343,600 to $281,900 in 2006.

The positive trend, though relatively small, can be an indication of a new, promising stability in 2007. Florida, in general, has seen doom and small bust in the real estate market. The National Association of Realtors is confident of what might be the outlook of existing home sales. This development, if coupled with the leveling of interest rates and continuity of job growth in the region might liven up sales activity in the coming months.

This holds true with Sarasota real estate market. Despite its declining home sales in 2006, the output was just a reflection of the overall national trend affecting the whole region.

Florida has had its share of the regional struggles, especially due to natural calamities like hurricanes which perennially beset the state. Sales were volatile last year, but still the market was showing indications of stability. Sarasota homes are still being sought for and sellers were optimistic of a continuous positive trend.

The subtle rise in sales in November is predicted to repeat in the ensuing months and Sarasota real estate is one of the sectors which will gain a comfortable pace.

Realtors are not convinced that falling prices can accurately depict the real picture of Sarasota home sales. Those who were forced to sell their homes have to drop their prices below the market value in order to dispose their house in accordance to their own personal reasons. Such actions do not manifest the overall condition of homes sales across the region, so to speak.

NAR officials said the "constant fluctuation of the last few months throughout the United States may be coming to an end throughout the United States."

History dictates that December is a "quiet month’ for real estate with the hustle and bustle of the holidays and the realization of travel plans for most people. Buyers are more occupied with buying gifts for loved ones rather than buying homes, according to realty brokers.

Despite the lull in December sales because of the holiday season, serious buyers will always be on the lookout for best deals. Once there is a home listing with a realistic price and is easily accessible to interested buyers, selling it is inevitable.

NAR expects home sales to remain constant in 2007 but other sectors believe otherwise as they predict a 10 to 15 percent increase of homes sales over the 2006 figures.

Sarasota is a popular tourist destination and is considered the "cultural heart of Florida." It is predicted that its real estate market will fully recover when ‘baby boomers" begin buying second homes in places offering great vacation spots and Sarasota is indeed a good place to be.

 

About the Author
Article Author Ma. Roma Agsalud from Jump2top.com, a SEO Company.Visit Sarasota Real Estate Websites at http://www.srqmls.com,http://www.siestakeyrealestate.com

Costa Rica Real Estate & Living - 124 Tips & Traps

By: Scott Oliver 
 
New York City is not for everyone and neither is Costa Rica.

Over the last 46 years, I have lived in ten different countries, visited thirteen others and now consider Costa Rica as home. However after visiting you may feel different…

Some people advised me not to discuss any negatives about Costa Rica but I feel that you need to know what this beautiful country is all about - the bad as well as the good because when you love someone, you also accept that they are not quite perfect too right?

I am naturally enthusiastic about Costa Rica but do not want to mislead you in any way, my goal is to help you enjoy the rich coast of Costa Rica – a place of stunning scenery, sunshine and smiles, a country I happily call home.

My home has never been burgled and the only unpleasant personal experiences I’ve had have been with foreigners here and not Costa Ricans.

I do not claim to be an expert in everything to do with Costa Rica but, I will promise you that if one of our VIP website members needs special Costa Rica real estate contacts or advice, we will do our best to find the right expert for the job…

Even if you only read this brief summary of tips and traps, you will be much better prepared than the majority of the people that visit Costa Rica.

1. Costa Rica is an incredibly fertile country but when you see a tree sticking out of the middle of the road, it’s not because it is growing there… It’s because the manhole cover was stolen and a concerned neighbor has placed a tree in there as warning for you to be careful.

2. For some inexplicable reason, you will rarely see people rollerblading on the streets in and around San Jose.

3. Please show some compassion when you see the driver in front of you weaving all over the road, he’s probably not drunk, he’s just trying to avoid the potholes.

4. The bad news is we do have tollbooths in Costa Rica. The good news is that they are typically only .75 colones (about US$0.16 cents) and in rush hour they open up the gates and let you drive through for free… Go figure!

5. You can hire a full time maid in Costa Rica for about $250 per month. My wonderful Costa Rican maid Lily comes in for two hours per day, five days per week and she receives about $20 for the week.

6. Did You Know? If you are coming from Canada or the US, there is no need to worry about electrical differences – there are none. You can use the same appliances in Costa Rica that you use in the US & Canada.

7. You can practically choose your own weather in Costa Rica (except snow). It varies from hot coastal lowlands to very cool mountainous regions. The temperatures in the Central Valley are ideal with evenings rarely below 60 degrees and days rarely above 80 degrees all year round. The dry season is usually from the end of November until early May.

8. Costa Rica has a number of truly magnificent volcanoes, the most active of which is Arenal. Needless to say volcanoes can be extremely hazardous to your health if.., you’re really stupid! Your chances of being killed by a volcano are 1:80,000 over a lifetime but do NOT approach their vents, do NOT breathe in poisonous sulphuric gases and follow all safety guidelines.

9. Did You Know? Costa Rica was one of the very first countries in the all of the Americas to declare war on Japan after they attacked Pearl Harbour and on Nazi Germany. They may have been trying to make up for being a little late doing so at the beginning of WW1 when they declared war on Germany on May 23, 1918 (The USA declared war on Germany on April 6th, 1917).

10. Cristóbal Colón (Christopher Columbus) dropped anchor at Isla Uvita (just off the coast of Limón) in Costa Rica on September 18th, 1502.

You can find the remainder of your Costa Rica Living 124 Tips & Traps at my site. See Resource Box Below.

 

About the Author:

Scott Oliver is a British citizen who worked on Wall Street for a decade and now lives in and loves Costa Rica. Scott is the author of How To Buy Costa Rica Real Estate Without Losing Your Camisa as well as Costa Rica’s Guide To Making Money Offshore and is the founder of http://www.WeLoveCostaRica.com
 

Why is Belize the “next big thing” in Caribbean real estate?

by Claudia Gonella

Belize is quintessentially Caribbean. The sand is soft, the palm trees sway on the gentle breeze and the aquamarine water is so clear that you can see the coral below. Belize, known in travel circles as “Mother Nature’s Best Kept Secret”, is truly a naturalist’s paradise. This tiny country squeezes a tremendous diversity between its borders - not only is Belize the diving and snorkeling capital of the western hemisphere but it also boasts incredible old growth rain forests, rushing rivers, majestic mountains, intricate cave systems and ancient Mayan pyramids. To top it off it is the only English speaking democratic country in Central America, has a benefit-laden retirement program as well as a broad array of tax incentives for property investors.

Timing is everything … and now is an intelligent time to choose Belize real estate

Right now Belize is an increasingly popular destination for tourists, and this trend bodes well for investors who acquire a foothold now. Belize is the only Central American country to enjoy consistent increases in tourist arrivals since 1998 including over the post 9/11 period. Cruise visits to the country increased by over 50% between 2003 and 2004. Some commentators are predicting that this tiny tropical paradise is destined to be the next Cancun or Costa Maya. Real estate dollars tend to follow leisure and tourism dollars and with tourism growth rates surpassing other counties in the region, the market for Belize property is set to boom.

Belize real estate has flown under the radar for some time being a small country, the word is now getting out but its not too late to make your claim. The opportunities are proven as the early risks have been taken. Furthermore, with baby boomers turning 50 at a rate of three to four million a year, the demographics are set for growth.

Belize and Baby Boomers

Time Magazine recently reported: “Many of the 76 million American boomers are more likely than their parents to consider retiring to a foreign land, because they have traveled more, have higher hopes for retirement, and tend to be more active and adventuresome.” The Baby Boomers are looking beyond Florida and the southern states to countries such as Costa Rica, Mexico and Belize. Belize stands out as offering a unique combination of affordable properties and world-class amenities not to mention one of the most attractive retiree benefits package in all of Central America.

What are real estate investors buying?

Although vacant property makes up a large proportion of real estate sales in Belize, recent years have seen a growth in turnkey products for sale. This is particularly the case with condominium units in Ambergris Caye where an increase in construction and sales has been evident for 24 months and is accelerating. In general terms, the real estate on offer is evolving as end user investors become more sophisticated and expect a higher real estate standard. For example, we are seeing an increase in brand name offerings; franchise products in different locations; amenity based products; products being marketed as ecologically sound (”eco-sell”) and technology supported real estate ensuring full connectivity with the internet.

The buyers for turnkey product (as opposed to raw land parcels) in Belize tend to be motivated by the potential for rental income; the attraction of a maintenance free lifestyle (particularly when it comes to condo units) and are drawn to the local cultural infrastructure. Belize also offers real estate investors the affordability factor when compared with turnkey homes and condos in North American, Canadian and European vacation settings as well as elsewhere in the Caribbean. The link with tourism is particularly strong for turnkey product in areas attracting most visitor numbers.

It takes little imagination to see where Belize is heading

With a stable political democracy, consistent increases in tourist arrivals since 1998, a currency pegged to the US dollar, miles and miles of sandy beaches and the largest barrier reef in the Western hemisphere, Belize promises to be one of the strongest emerging markets in which to invest. The timing is right and Belize is beginning to attract real estate investors attracted by the potential for capital appreciation in the “New Caribbean”.

There are no barriers to foreign investment and, as a member of the British Commonwealth, Belize has a legal system based on British law and is the only English speaking country in Central America. In addition, Belize has no capital gains or inheritance taxes and a growing private offshore banking sector. It takes little imagination to see where Belize is heading.

About the Author
Claudia Gonella, is director of Coldwell Banker Belize Real Estate http://www.coldwellbankerbelize.com She works in both commercial and residential real estate across Central America and has co-authored a number of “Market Analysis Reports” for investors and property owners charting latest real estate trends. She co-authors a monthly “investor briefing” charting real estate trends in the property market in Belize. Visit http&

Costa Rica Real Estate - Why use a Costa Rican Agent??

 

Author: Richard Bexon

 One of the first things you do when you are about to start planning your yearly holiday is to contact a travel agent, they know more than you do and can offer a complete package. However when thinking of contacting an agent do you contact a high street agent or do you contact a country specific agent based in the destination country?

Many people when they think of going on holiday do not even consider this as an option (destination agent). Maybe they feel more comfortable meeting face to face with a travel agent? However in reality what does this agent really know about the country if they have not been there? All they are doing is selling a predesigned package that you may not want and you see as your only option. Well wait!!!

There are many on-line country specific Travel Agents such as Costa Rica Holiday UK and Panama Holiday UK that provide advice and planning of custom trips to each of the countries and are country based. In our minds there is no comparison, use a country specific travel agent based in the country.

Below are some reasons why you should use them:

1) They are based and live in the country so their overall knowledge will be better than yours.

2) They have visited the hotels and done the tours before so use their knowledge to better plan a custom made holiday for you.

3) If you have a problem while in country then they are there to help you. I am sure that your UK travel agent will not help you, and if they can what can they do, they do not know people in the hotels.

4) They offer exactly the same rates as the hotels, they save your time and money!!!

5) A Costa Rica Holiday will be designed specifically to your tastes. Above are just some ideas to help you when planning a trip abroad. Use the advice and knowledge of these country based agencies as their knowledge is first had.

Costa Rica Holiday is a UK based Travel Agency planning custom Costa Rica Holidays for people in the UK and can be contacted on 0207-193-3930. Remember - LOCAL KNOWLEDGE _ GLOBAL SERVICE!!! www.costaricaholiday.co.uk

7 Steps To Becoming A Dynamite Real Estate Agent

 By: Matt ORiley 

 Most real estate agents want to be extremely successful. Goals are set and then the hard work begins to reach those goals. So what steps can you take to skyrocket your success as a realtor?

Here are 7 powerful steps that will get you on the road to success:

1. Realize your Potential In order to succeed as a real estate agent, you need to see that you have the potential to reach your goals.

2. Don’t Look Back Everyone has failures or mistakes from the past. To have success in the real estate industry, you need to learn from those past mistakes and learn valuable lessons from them. After doing so, simply move forward and make better, more educated decisions from the lessons learned.

3. Dare to Dream Big To succeed as a realtor, you need to have big dreams and aspirations. Be honest with yourself as to what you want out of life and what you want to give of your life. Allow your mind to dream and think big!

4. A Powerful Business Plan Create a powerful business plan that will organize your strategies. This plan will be the blueprint to your success. The business plan should include prospecting, listing strategies, prospect follow up techniques, networking ideas, and ways to boost customer loyalty.

5. Don’t Give Up To reach success as a real estate agent, you must persevere through difficult times. Even Thomas Edison had to learn this. When he was inventing the incandescent light bulb, it took him more than 10,000 times to get it right. Keep striving even when the challenge seems to be overwhelming.

6. Have an Unstoppable Attitude You need to have determination in order to succeed as a realtor. Be wary of close friends or family members that feel it would be better if you focused your attention in another direction or career. Uphold your unstoppable attitude, determined to succeed.

7. Stop Complaining You might think there is no correlation between complaining about you difficulties and success, but there is in fact a connection. When you spend time complaining about the obstacles you are facing in you real estate career, you’re wasting so much time being negative that you are actually missing out on chances to move your career forward. Don’t think of challenges as problems, think of them as opportunities.

About the Author: Matt O’Riley owns California Real Estate Liscense.com. For more great real estate agent and broker information, please visit http://www.california-real-estate-liscense.com/

How to Invest in Real Estate

   by ElmerFizz

Beginning a hobby or career in real estate investing doesn’t have to be so complicated or such hard work if you will only begin with what you have, right where you are at this moment.

Look for someone who really needs to sell their home and solve their problem. One of the fastest solutions if they are about to lose the house is to take over their payments on a subject-to contract. By giving them some walking money, they can afford to move and still have the cash to rent another home.

Then, clean up the property, lease it out to a future buyer on a rent-to-own basis which is called a Lease/Option. You get to collect an up-front, non-refundable deposit. Three to five percent of the future purchase price is a good figure to shoot for. You can actually do this every month and make some additional cash, or concentrate on this method as a full time lifestyle.

Have the renter/buyer sign a contract. You pocket the difference between what you’re paying the original owner and the amount you’re collecting from the new renter/buyer. The spread is higher on nice, expensive homes in great neighborhoods, so don’t be afraid to search in these areas.

This is a good method of collecting extra cash flow every month. There is no limit to the number of these deals you can do other than your time and effort.

Call on every "For Rent" ad in the local paper and just ask if they would be willing to sell the property in a couple of years if you sign a long-term lease. If you get a yes, negotiate a fair purchase price, sign a contract and find a renter/buyer. It really is that simple. Of course, you want to have a lawyer check out the contracts on the first deal to protect both parties.

Try to get at least $150 more per month than you are paying. Also get a minimum of $1000 above and beyond what you have paid out as the option deposit. You don’t want to be working for free, do you?

Let’s look at some figures from actual lease/options. A couple were behind on their notes because he lost his job, and she didn’t make enough to pay all the living expense. The stress was causing marital problems and they wanted to sell, but the house stayed on the market for six months with no takers.

They were getting desperate when a neighbor mentioned the situation to her church group. One of the group’s members had a son who was looking for a house that could be leased with an option to purchase in a few years. He and his wife didn’t have a lot of money for a down payment, but they knew that buying was better than renting.

After looking at the property, they decided it would be a perfect first home if they could manage the financing. The couple offered $1000 as a non-refundable option deposit, if the current owners would give them two years to qualify for a new mortgage. The timing was right and the current owners accepted the offer. The monthly payment they agreed on was $200 less than similar house rentals in the area.

Both couples were happy and they signed contracts for the deal the next day. The new couple didn’t even move in. They saw an opportunity to make some quick cash and a good monthly cash flow, so they lease/optioned the house to another couple for $5000 down with payments that were $300 above their obligation.

If this new couple closes on the deal in 1 year, they will have earned $5,000 up front and $3,600 over the course of the year in monthly cash flow. By the way, the sales price was $12,000 higher than what they had agreed to pay the original owners. Added up this equals $20,600 for just a few hours work.

These deals exist in every town in the world. You can do these until you build up your bankroll and monthly cash flow. There are no geographical limits. Travel the world doing deals, living where you please and life is no longer on a budget.

About the Author
This article may be reprinted on a website or blog if left unchanged and this resource box is included. http://www.elmerfizz.com

Opportunities Arise from U.S. Investment in Asian Real Estate

Author: Neil More

As U.S. investment in Asian real estate grows, professionals with a background in underwriting, financial analysis or property appraisal and valuation can look East for additional job opportunities.

 

Investment firms and large banks, as well the commercial finance divisions of top companies like Morgan Stanley, Merrill Lynch and GE Commercial Finance Real Estate, are boosting their stake in property in China, Indonesia, Thailand and India. Steven Laposa, director of global real estate research in the real estate valuation/consulting practice for PricewaterhouseCoopers, says Asian real estate investment continues to be a major trend in the public markets. Top investment firms are increasing their interests abroad through funds, real estate investment trusts, mortgage backed securities and a variety of other financial arrangements.

Those willing to travel and who have significant linguistic skills, as well as the required financial acumen, are hot prospects, Laposa says. Professionals who want to work abroad or deal with a foreign office from a U.S. location must be able to navigate the cultural differences from one country to the next and, of course, have a strong background in international finance.

The climb up this particular career ladder is certainly easier for individuals well-versed in the ups and down of the Asian economy. Also, people with a more self-sufficient approach to their career might do better in this arena. A recent report from the Chicago executive search firm Heidrick & Struggles, Asian Real Estate: No More Cowboys, says most organizations involved in institutional real estate lack formal mentoring programs for new executives or career development for existing real estate professionals. "Peoples’ career growth has generally stemmed from their acting entrepreneurially by creating a greater role at their existing firm, or jumping from company to company," it says.

For more articles please visit :
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Florida Real Estate – The Sunshine State

By: Raynor James

Florida real estate is definitely worth a look if sun and fun is your ticket. Florida real estate, even close to the beach, is a very good deal.

Florida

Florida is a well-known haven for people living through winter storms in the northeast. Sun and warm water are an obviously attraction, but there is much more to Florida. Orlando seems to be one giant theme park with Disney World, while Miami offers entertainment of a distinct adult variety with a legendary nightlife. Throw in the Florida Keys, tons of college and professional sports teams, the Kennedy Space Center and you have a state with a lot to do besides loaf on the beach. Then again, loafing on the beach should never be denigrated!

Miami

Miami is a city that really needs no introduction. With Cuban influences, the city is an explosion of styles, colors and fun loving people. Palm trees are plentiful as are beaches, bars, outdoor cafes and walking streets. When you need a break from the beach, Miami hosts professional sports teams in baseball, basketball, hockey and football. The real key to the area, however, is simply the festive atmosphere and people. Nearly half of the population is Hispanic with a heavy influence appearing throughout the city. Every day is a party in Miami.

Orlando

If Orlando isn’t the capital of theme parks, I feel sorry for the place that is. Orlando is home to no less than Disney World, Universal Studios and Sea World. The theme parks are actually located on the edge of the city, which makes Orlando proper a bit bland. Humidity can be a bit of a bear during the summers, but the winter is incredibly nice.

Tampa

Tampa is an underrated city in my opinion. The chief criticisms seem to be it is overly modern and a bit boring. In fact, it is just the opposite. Tampa has a funky cultural feel, particularly in Ybor City where multiple cultures clash in free wheeling fun and you can get a Cuban cigar hand-rolled by a Cuban artist. Museums, art galleries and theme parks abound. The beaches of Clearwater are white, clean and a good place to roast in the sun.

Florida Real Estate

Florida real estate is very reasonably priced considering much of it is so close to an ocean or lake. The average home price in Orlando will run you just above $300,000, roughly the same amount as Tampa. In Miami, prices vary wildly depending on the part of the city you are looking in, but you can expect price ranges from $250,000 to $800,000.

If you want to get in on Florida real estate, now may be an ideal time. For 2005, property in Florida appreciated at a rate of nearly 25 percent!

 

About the Author:

Raynor James is with http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our "sell my home" page at http://www.fsboamerica.org/seller.cfm to sell your home yourself with a free 1 month listing.

 

A Growing Market In New Zealand Real Estate

By: Dave Klein

In a world and economy that is increasingly globalizing, the idea of purchasing international real estate has become more and more popular. With Americans, as much as ever, enjoying world travel and spending time abroad, international real estate is a growing market that deserves attention. Within the scope of this boom in Americans buying land abroad lays the skyrocketing popularity of New Zealand. The purchase of New Zealand real estate by Americans is at an all time high. This increase in the popularity of New Zealand real estate is due to many factors.

As with many economic trends in the United States, much of the New Zealand real estate popularity has grown out of California’s Silicon Valley, home of the dot com, tech, and internet revolutions. Increasingly, those living in Silicon Valley are looking to international real estate and specifically New Zealand real estate for retirement, vacation, and even half year homes. From Silicon Valley, trends such as this only tend to grow out and across the nation.

So why do Americans look to New Zealand real estate, as opposed to many other international real estate opportunities worldwide? There are a number of reasons. For instance, New Zealand offers gorgeous scenery, great education systems, liberal political views, and more affordable than most international real estate. In addition, New Zealand real estate is something the country is actively marketing to Americans. The target is, specifically, Americans living in California and other liberal parts of the United States.

Buying New Zealand real estate also makes sense because of the vast number of jobs and careers available. Often times, international real estate offers vacation opportunity but very little chance at career. New Zealand is looking for workers in a number of areas. The high tech, biotech, health care, and many other industries offer Americans the opportunity to buy New Zealand real estate and stay there year round. New Zealand is marketing itself as a place for Americans to live and work year round, not just as a second home or summer getaway.

As an international real estate market, New Zealand is very affordable. The recent allure of New Zealand real estate has caused it to go up some in recent years, but it is in the process of leveling off. New Zealand real estate is still very affordable with non-coastal home prices starting around $200,000, which is an extremely modest price to pay for international real estate.

Some people who purchase New Zealand real estate also fall in love with New Zealand and consider moving there. There are some things to consider before you think about moving. The New Zealand government, while helpful, does require some work through their immigration department. Those wishing to move to New Zealand are assigned points based on their skills, age, and education. Also, applicants to the country must pass a physical. This is New Zealand’s way of making sure that the influx in immigration is not a burden on this small country’s national healthcare system.

There are many reasons why, but New Zealand real estate has become popular for purchase by United States citizens. With an increasingly global economy and global information system, international real estate is something you may want to consider. When you do, think about New Zealand real estate.

 

About the Author:

Dave Klein is a successful investor in New Zealand Real Estate. Make great returns with International Real Estate, and learn about New Zealand Immigration.