Buying property outside the euro zone

Egypt has recently emerged as a tourism
and property hotspot

The Philippines arguably represents an
exciting alternative to traditional euro zone
locations

Brazil is said to be buzzing both
economically and in terms of the attention
it is receiving from overseas investors

Tunisia is emerging as one of the most
serious locations to consider for affordable
property investments in the
Mediterranean region

Thailand - one of the 'must visit' exotic
locations in the world

Part Two – Egypt, the Philippines, Brazil, Tunisia and Thailand

As part one of this feature explained, some expert predictions for the euro's prospects in 2009 seem negative, which is why it may be worth considering some alternative markets outside the euro zone.

In the second installment of this two-part feature, we continue to look at a selection of the world's key destinations outside the euro zone, namely Egypt, the Philippines, Brazil, Tunisia and Thailand, which some buyers are considering with the aim of finding the best value for money and the potential for property investment success.

If you would like to read part one of the article first, which takes a closer look at five other key locations outside the euro zone, namely Bulgaria, the USA, Canada, Isla Margarita and Botswana, please click here.

Egypt

Egypt offers European and British buyers one of the closest locations to Europe and the euro zone with year-round sunshine, and that's one of the strongest reasons why Egypt has recently emerged as a tourism and property hotspot.

Coupled with the nation's historic and cultural appeal, its stunning Red Sea coastal areas arguably make it possibly the perfect place for a holiday no matter what sort of traveller you are.

The Egyptian property market can be considered young in terms of international investor interest, and the nation certainly offers buyers a chance to get in now and potentially profit for the longer terms as tourism arrivals look set to increase over the coming decade.

For sale in Egypt from Experience International and located on the Red Sea Coast just 5km from Hurghada and its International Airport, is the Palme Royale project. For more information, visit www.experience-international.com

The Philippines

Also on offer from Experience International is an opportunity in the emerging market of the Philippines.

The Philippines arguably represents an exciting alternative to traditional euro zone locations largely because a recent World Bank report highlighted the fact that the nation is in an excellent fundamental position to weather the current global economic difficulties. The report cited continued strong performance in private investments and construction, in addition to better than expected crop harvest yields.

Add to this the fact that the Philippines is receiving annual increased growth rates in terms of tourism and that property prices are exceptionally low at the current time, and you can see why Experience International are so excited about their new offering, the Blue Coral Resort and Spa. For more information, visit www.experience-international.com

Brazil

Brazil is said to be buzzing both economically and in terms of the attention it is receiving from overseas investors. The nation first began to appeal to the masses a little over two years or so ago, but in that time, word has rapidly spread about the opportunities available across the nation.

In southern Brazil, the Rio de Janeiro housing market is proving popular with investors seeking long-term rental units, and in Northern Brazil on the East coast the tourism market is said to be booming.

The accessibility of the destination has already improved, and as a new international airport is nearing completion, several investors expect the record growth which the market in the region of Rio Grande do Norte has already seen, is very likely to continue.

Not only can Brazil be seen as a good market for a low entry investment, it can also be seen as a fantastic market for long-term capital appreciation and rental yield growth.

Investment specialists, Emerging Earth, are currently marketing the Jacuma Beach Resort, located just minutes from the cosmopolitan centre of Natal in north-eastern Brazil. For more information, visit www.emergingearth.com

Tunisia

Tunisia is rapidly emerging as one of the most serious locations to consider for affordable property investment purchases in the Mediterranean region. The nation is emerging in terms of its property appeal, yet the real estate market is built on strong base fundamentals such as a healthy and expanding tourism sector.

Despite the fact that Tunisia has been popular with holidaymakers for well over a decade, the nation has only recently finalised legislation allowing for the transparent freehold ownership of real estate by foreign citizens, which is one of the main reasons why its property market is now only in its infancy.

Investors can make the very most of this situation and buy into a country at low prices despite the fact that they're buying into a highly desirable Mediterranean nation proud of its political pluralism, international stability and strong economy.

Tunisia's economy has been ranked the most competitive in Africa and the Arab World in the Global Competitiveness Report from the World Economic Forum, and the International Monetary Fund predicts impressive GDP growth in Tunisia for the coming years, making the nation's growth predictions one of the highest in the Mediterranean region. Serious investors are said to be starting to turn their collective and focused attentions to Tunisia.

The Dunes at El Kantaoui is one investment opportunity in Tunisia at the moment, which is currently being marketed by Experience International. For more information, visit www.experience-international.com

Thailand

And finally Thailand! Long considered one of the 'must visit' exotic locations in the world, the appeal of Thailand is indisputable which is why it has an incredibly strong tourism market. The development of tourism in Thailand has been fascinating; as the nation has come to understand the importance of this particular sector for the country's overall economic success, so the development of high-end tourism is reported to have really begun to take off.

Now Thailand is a place to get married or honeymoon, a place to have a once in a lifetime holiday - whereas before it was a back packer retreat only. What's more, Thailand is considered a luxurious second home location.

Buyers who want to tap into the high-end - whether for their own personal enjoyment or as an investment purchase - might like to consider The Village development on Koh Maphrao or Coconut Island, Thailand. For more information, visit www.thevillage-coconutisland.com

Click here to read part one of the article which takes a closer look at other key locations outside the euro zone, namely Bulgaria, the USA, Canada, Isla Margarita and Botswana.

Information courtesy of AB Property Marketing Ltd.

© PropertyIndex.com 2009 | Last Updated: 28th January 2009