When looking to invest in property - especially if you're going to reside there, the overall draw associated with climate, activities, amenities & of course annual property appreciation, all taken as a whole, really should be considered carefully before making an offer, and potentially adding the property to your investment portfolio.
For instance, Spain is world-renowned for its sunny climate, amazing foods, long beaches and vibrant cities, making it an attractive destination for investment in real estate, with a modest annual price appreciation at around 4% for a time, now at present around 8% (which is a recent peak).
There are many factors to consider when investing in property globally.
So while the Spanish real estate market is huge, being one of the most liquid real estate markets in the world, its regulations can be rather complicated for most & property price appreciation has been fluctuating greatly over the last 10 years, only recently reaching the higher 8% level.
For those looking to buy real estate in Spain (or anywhere really), there are many factors to consider, so whether someone is a global property investor, or simply considering purchasing a second home in Spain, understanding the local rules, regulations and complex tax system can be quite a hurdle to overcome when it comes to ensuring a successful investment journey.
What level of annual property appreciation interests you?
For many global investors though, the annual price appreciation on property in Spain - even though it's a beautiful location, isn't enough, nor consistent enough, to warrant investing in properties in the country, especially when there are far more interesting options...
As a more desirable opportunity for many savvy investors, investing in property in key locations around the Red Sea, in Egypt has become an excellent strategy for anyone looking to take advantage of some of the world's most beautiful locations, culturally rich cities and generous financial returns.
Your key locations in the Red Sea for property investment.
With its thriving culture and vibrant real estate market, places like El Gouna, Somabay & Makadi Heights in the Red Sea area present a range of benefits to property investors, home owners and renters alike. From the reasonable cost of living, growing population and rapidly developing communities, there's so much to love about investing in property in Egypt.
Taking this a step further, with an annual property appreciation of around 15% in these key locations, minimal paperwork, easy visas & communities which are designed to cater to every need, the Red Sea is clearly a global property investor's paradise!
Are you considering investing in property on the Red Sea?
Contact us today for a free consultation & let us share the hottest spots for property investments with you!
👉 https://www.jossour.com.eg/
At Jossour, we're here to attentively support you on your property investment journey, every-step-of-the-way, whether you're investing in your first property, or already have a portfolio of properties globally.