Investing in real estate is not a business people got aware of a few years ago, this is considered one of the oldest businesses. The reason why the business never lost its charm was that it is highly profitable. Before the world went after the call of globalization, people’s preference had been their own country when it came to real estate investment. After the world become more globalized, the connection became easier, hence, investors around the globe are ready for investment due to the easy and effective access.

However, the current global economic condition also suggests real estate investment as keeping hard cash in the bank or investing in the stock market is not at all feasible. So, real estate investment happens to be one of the most lucrative businesses in the highly inflationary condition of the world. Nevertheless, you need to be wise while investing as every market doesn’t produce the same outcome. Here, we would like to brief you about the potential countries for investing in real estate. which would give you high returns end of the day. Read below to find the names of a few of those countries.

Australia

Australia has a high GDP per capita of $52,158 for 2020. This makes it one of the most lucrative real estate markets in the world. In the span of two decades or so, the country has seen an average of 5% increase in the value of the real estate.

The higher GDP per capita is giving a positive effect, although, Australia’s lower mortgage rate has some outcome on the real estate market. Moreover, all across the world, strong regulations make it a stable property market. The prices in a few cities are likely to raise, therefore, it is recommended to contact the local property dealer to invest in real estate.

Kenya

Out of the many cities of Kenya, Nairobi was graded as an ideal innovation hub in Africa with growth in capital reaching billions from millions in the span of seven to eight years. It is considered a magnet for people from other parts of the world. Even many multinational companies find this city a perfect location from where they can serve markets from other regions of East Africa.  Real Estate in Nairobi is as lucrative as it is in any other part of the world, especially because of its sustained economic and stable political conditions. If you want to invest in real estate in Nairobi, the best is to connect with Impala Developers.

United States of America (USA)

Favourable tax regulations and huge financial activity in the country are the reasons why investors prefer the US. The other reason is it’s not like other western countries, where immigration policies and tax regulations are not suitable for investors. Hence, all these factors make the US one of the best markets for people who want to invest, especially in real estate.

Since the mortgage rates are also low, house rents will also rise, and that makes rental properties a good source of investment.

Turkey

The tourism industry of Turkey has boomed in the last two decades, it generates more billions of revenue for the country. Istanbul was ranked as the most visited city in the world, in the year 2021. Its hospitality sector showed immense potential for investment.

However, the country is in the turmoil of inflation reaching almost 60.4%, obviously, it has some effects on the global commodity supercycle.  Thus, this hike in inflation will affect the currency, which makes it a suitable market for investors.

It is advisable for foreign investors to buy a property in Turkey, especially vacation rentals since every year the number of tourists is increasing. The other perk of investment in real estate in Turkey is it can help you get citizenship in return. However, the requirement is that you have to buy a property worth around $300,000 to $400,000. Once the investor has purchased, can get several benefits.

Germany

Considering Germany as one of the countries in the world with the best economies, compared to other European countries, the value of the real estate is also higher. Compared to the previous year, the value of properties increased. It is expected to increase even more.

Moreover, the property prices are quite stable, and the policies of the government make it one of the best countries for investment in real estate – for both local and foreign investors.

United Arab Emirates (UAE)

The UAE is not only tourists’ favourite country but another attraction is its real estate market. With some flexibility in the revised rules, now the tax benefits for investors have made life easier.

The tax rates a quite minimal, the rents are higher and will look for only profitability – that is why this is the best place to invest in real estate. People Of UAE are more stable to buy properties; this is what steers the real estate market. The real estate market’s stability is another reason that investors want to buy properties in the UAE. No investor would want to take a risk and invest in a volatile market.