Established regions of Europe and the US often provide investors with little food for thought - they are safe, reputable areas that are unlikely to falter in the eyes of the British holidaymaking public. There will always be demand for property in Spain and France from Brits who enjoy a short flight, guaranteed sunshine and a chance to brush up on modern languages taught at school. However, for property investors who are interested in spicing up their portfolio there are hotter climates and housing markets to try. While it is unlikely that all the bargains to be had in Florida, France, Italy and Spain have been and gone, investors may want to look further afield to find emerging potential and the exciting gains to be had in up-and-coming markets.
According to Les Calvert, director of Property-Abroad.com, Asia could provide the returns some investors may be hankering after and that are now few and far between in established areas. "India's a green market," he said. But he recognises that not every investor will be keen to dive into a country that is so far from home, adding: "It really depends on the individuals own level of risk and how they want to look at their investment." However, there are statistics to back up Mr Calvert's comments, as in a recent survey of global property investors India was ranked as the third most attractive country, coming behind the US and China. The Association of Foreign Investors in Real Estate revealed that many investors believe India offers the third best opportunity for capital appreciation in the world.
Nevertheless, Mr Calvert advised that conurbations are the safest investment areas in countries that may be riskier but offer bigger rewards. "In city areas, demand is outstripping supply. In my eyes, you're onto a winner. I don't see any other way around it, especially in today's international market. If you look at it in that respect, then you're getting an awful lot more for your money, and from less risk," he stated.
Of course, turning up the heat and heading east may not be every investor's idea of fun, but he suggested that those who take the chance may be generously rewarded. "The traditional areas - the European areas, Florida, Spain, France, Italy, Portugal, Greece, Cyprus etcetera - are still good, solid bets as far as investments concerned, but when you're looking further afield - Brazil, Panama, India, places like that, then they still have their own home market which is growing phenomenally," Mr Calvert remarked.
In fact, figures reported Homes Worldwide from Merril Lynch reveal that the Indian property could increase by as much as 700 per cent by 2015 - 'phenomenal' may indeed be an apt description. "As far as investments concerned, for me it's a non-lose situation," Mr Calvert concluded.
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