Which country is best for real estate Investment in 2023 ?

[troubled soul]

Hello every one ...
I am trying to find best country to Invest in real estate in 2023...
In your opinion which country is best for the Real estate Investment ??

Thanks

 

[Dreamy]

Eastern Europe

 

[Deepbarrels]

Eastern Europe

Are you joking about Ukraine or..? If serious any more specific countries?

 

[Dreamy]

Are you joking about Ukraine or..? If serious any more specific countries?

Nooo, PL, CZ, SL - these

 

[JackAlabama]

The one which does not expropriate you.

 

[Paul Tudor Jones]

With interest rate at 5.25% and avg US mortgage rate at 7.81%, the Fed is screaming at you to NOT buy any real estate.

 

[clemens]

Are you joking about Ukraine or..? If serious any more specific countries?

depends how the war will end, if it ever ends. But it could be a good investment in the future.

 

[369]

depends how the war will end, if it ever ends. But it could be a good investment in the future.

BlackRock is massivly buying same as other big US Hedge Funds.
They all must be insane

Or they know what it will mean to prices to get a trillion USD from governmental institutions alone to build up ukraine again.

https://www.bloomberg.com/news/arti...struction-may-cost-1-1-trillion-eib-head-says
https://www.reuters.com/world/exclu...lti-trillion-plan-rebuild-ukraine-2022-05-11/
https://www.ft.com/content/3d6041fb-5747-4564-9874-691742aa52a2
Remember west ukraine will be the new frontline against BRICS/Russia means they will get the role of germany after ww2.
So they receive the marshall plan germany received after ww2.
Germany is irrelevant.US let them fall like a hot rock and are moving everything east.
Dumb germans can still belive they live in the best germany of all times but big coops are already leaving germany massivly including car manufacturers

 

[Cloudbanck]

You want a country where the trend is in the right direction in terms of economic growth and economic freedom including property rights, rule of law, bureaucracy, taxes. And the trend can be from a very low level. Or a safe haven place that keeps strong economic freedom with low taxes and attracts ppl while the world goes in the wrong direction. Or a country with good fundamentals, just in a temporary crisis.

And thinking about it, temporary can be pretty long, like Estonia had a "temporary" crisis in the sense of it being conquered by the Soviet Union and having communism imposed on it for 50 years. The strong fundamentals were still there though, and when regaining independence in the 1990s real estate in Estonia was a fantastic opportunity.

Real estate in Ireland in the global financial crisis and its aftermath in 2009 - 2014 was also a great buying opportunity in a place with strong fundamentals during a temporary crisis.

As to right now, I dont see so many temporary crisis opportunities. Maybe Venezuela, if the governance there just reverts to standard South American mismanagement, and moves away from Chavism down-into-the-abyss leftism.
The world is however entering a period of crisis so opportunities will come up where there are overlevered households, increasing interest rates and a tanking economy. I see upcoming potential property crashes in Scandinavia, US, Canada, Australia. Still too early though.

As to trending in the right direction: Much of Central Asia, El Salvador, and actually for the first time in like a 100 years Argentina if Milei wins or they just start with sensible policies. South East Asia is trending in the right direction, but they limit foreigners purchase of real estate unfortunately. Lots of places in Sub-Saharan Africa with good trends. Also ex-Yugoslavia/Balkans like Montenegro, Albania.

And safe haven places: Paraguay, Uruguay, the low tax well run Caribbean islands, UAE, Switzerland (interesting if prices go down a bit which is possible), Cyprus (and North Cyprus too actually), Panama, San Marino, Andorra. More speculative: Roatan island in Honduras. Expensive but solid and will likely get more expensive: Monaco, Singapore

 

[Dreamy]

>> haven places: Paraguay

One of the poorest and most dangerous countries in South America lol

 

[Cloudbanck]

>> haven places: Paraguay

One of the poorest and most dangerous countries in South America lol

It is actually one of the safer countries in the Latam region with a homicide rate per 100,000 of 7.8. For comparison Brazil is at 22.4, Uruguay at 8.9, Colombia at 27.4, Mexico at 28.2. See Homicide rate

As to poor, well it's middle of the pack, richer than Colombia and Ecuador, poorer than Argentina and Uruguay.

But Paraguay has potential in that it has clear and low taxes, no lefties in power, territorial tax. Used to be that very few foreigners went there, but that has recently changed. It's poor not primarily because of bad institutions, but because it's landlocked and rural. Switzerland was poor for the same reasons not too long ago.

 

[JackAlabama]

It is actually one of the safer countries in the Latam region with a homicide rate per 100,000 of 7.8. For comparison Brazil is at 22.4, Uruguay at 8.9, Colombia at 27.4, Mexico at 28.2. See Homicide rate

As to poor, well it's middle of the pack, richer than Colombia and Ecuador, poorer than Argentina and Uruguay.

But Paraguay has potential in that it has clear and low taxes, no lefties in power, territorial tax. Used to be that very few foreigners went there, but that has recently changed. It's poor not primarily because of bad institutions, but because it's landlocked and rural. Switzerland was poor for the same reasons not too long ago.

Paraguay has its own anti aml army squad where a few ks get you on the radar. SEPRELAD
They also go to schools to have talks and stuff like that.
They have also weird laws for wiring money inside the country.
Stuff which is even more distopian than what e.g. Germany is doing.
Its clearly poor due to very high corruption in its public institutions.

Only suitable if you live like the average poor local, than you will be left alone.