Have you considered investing in overseas real estate?
Then 2018 might be a good year to do it.
Overseas real estate can be an exceptional addition to your investment portfolio for various reasons, such as diversity, stability, or simply increased returns.
Certainly, Barcelona is one of the top destinations in 2018, especially after the recent political tension is coming to an end as both sides are interested in peaceful solutions.
Location, access and connectivity, cultural diversity, foreign investments, tourism, climate, food and people’s friendliness are some of the key factors that make this city so attractive.
But let’s analyze some of the major points that you should consider when investing in overseas real estate.
If you have all of your money invested in your country, it is inevitable that all of your investments will go down in case of a crisis.
It is therefore advisable, to distribute some of your savings into different “baskets”, and overseas real estate should be at the top of your list.
The strongest aspect of investing in overseas real estate is, indeed, the word overseas: by making an investment abroad you are protecting your money from any instabilities or mishaps that may happen in your country of residence.
This is the nature of any economic and business cycle around the world.
There is another great aspect of investing in overseas real estate. While stocks and bonds are still good ways to get good returns, they carry with them an inherent risk that a real estate investment doesn´t have.
There are for sure many valid reasons behind the common sentence “The value of real estate will never reach 0”.
Real estate is a great investment because it is an investment in a hard asset: hard assets are much more resistant to market fluctuations and they have an inalienable value that will never go away.
Finally, owning overseas real estate is a good move financially. The gains you make from an investment in stocks are basically limited to capital appreciation and dividends.
But think about the gains you can make with overseas real estate. You will certainly see capital appreciation, especially if you buy into a growing market, such as Nicaragua, or, in Europe, Spain and Portugal.
Surely you can make more money with your property overseas by renting it. A rental income on an overseas property is an excellent way to make extra money. And in some cases, the money you would earn in a rental income could be more than the money you would earn from dividends of an equivalent investment.
More than a financial expedient, overseas real estate investments provide a sort of personal stability: a place you can go to if ever the need should come up.
In many cases, purchasing real estate in a foreign country can be the first step to obtaining residency and passport. This is true in Spain, where more and more Chinese and Russians (among others) are buying properties in order to obtain their residency and a valid permit to live and work in the Schengen area.
Contact us for more info and a personal assessment!