Overseas Property World

I just dug out an old article I wrote in 2008, in which I recommended 4 emerging property markets for investment, I thought it would be good to take a look at them and see how wrong or maybe right I was. Here we go:

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The world is still turning! As we entered the second half of 2008 and progressed into 2009 it seemed it was going to end. Not the world, world, but the overseas property world. Yet… here we are, just over a year later and the overseas property industry is clambering back onto its feet and trying to work out exactly what has changed: is speculation really dead? Is it really only cash-buyers that will buy in 2010? What damage has been done to off-plan buying?

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The international version of the UK’s National Association of Estate Agent’s has just released its predictions for property markets around the world. So far I have seen two versions of it reported, one stating that French property is more affordable than it has been for years, which, I found to be true in the prime and super-prime sectors, but the report I have just read now, on Spanish property has brought me to a conclusion:

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Well… Everybody who’s anybody in the world of overseas property is currently releasing a chart of their hot tips for the best destinations for property investment in 2010. I thought I better get in on the action… My family are right, I couldn’t see crap but I’d want it. Anyway… Here is my top 10 countries for property investment in 2010 in no particular order:

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I just read a Telegraph article by Zoe Dare Hall, a writer whom I like very much, usually, but on this occasion I am still trying to work out the point of the piece.

It tells the story of the overseas property boom gone by, portraying buyers in a dim light, and then comes to a rather abrupt end as sharp as if the pen had run out of ink.

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