Tips on where to invest in foreign property in 2012

Property moguls planning to invest in homes abroad in 2012 may want to take note of advice from experts from the housing sector before making a money transfer.

Partner at Emerging Real Estate Tim Morgan claimed Brazil is a great destination for an investment, with the expected increase in tourism to the nation bound to boost property prices.

He claimed purchasing an abode in the country could be "a shrewd move" as Brazil is "in a relatively strong economic shape".

Other positive factors highlighted by Mr Morgan included the quality of living, "relatively" cheap lifestyle, and the fact investors own 100 per cent of their land and property.

Alternatively, director at Property-Abroad.com Les Calvert commented that now is a great time to buy in the US as currency exchange rates are unlikely to improve significantly in the short-term.

"With the way that the dollar and the pound are at the moment, it is as good a time as any to start looking at buying over there. I don't anticipate the dollar to drop much further against the pound," the specialist remarked.

Another country that may seem like a wise place to invest is Germany, as it was noted abodes in the nation's western cities are set to rise by three or four per cent annually.

This is according to founder of ProVenture Property Matthew Littlecott, who claimed strong rental demand remains in Stuttgart, Munich, Frankfurt and Hamburg.

Turkey was highlighted by Mr Morgan as another good spot for investment, with rising house and rental values continuing.

Meanwhile, founder of ThePanamaReport.com Matt Landau claimed Panama "offers a robust tenant pool" for those looking to lease a property.

He added that many "foreign retirees and businessmen" choose the rent-first, buy-later approach to test compatibility.

Posted by Chris Barber
Click here to make an International Money Transfer to Brazil.