Despite the depressed economic environment that looms over Japan, the residential luxury segment in Tokyo is in full swing. There was a sharp increase in condominium units that were sold for over 2.4 million dollars in 2010.
Greece has turned out to be one of the most favorite tourist locations in the past several years for many, along with possessing a lucrative market of properties. The Greece people prefer the traditional coastal area of the Peloponnese and Pelion peninsula for their vacations. Also of course, Greece is also known for its famous restaurants as well as the popular Ouzo, the intense liquor that is a favorite amongst Greek people.
Those making investment in Chile property and land will be interested in Chile’s strong and stable economy, particularly throughout a time of worldwide financial turmoil. Chile has preserved constant financial development over a time period of 3 years, with 5% GDP growth predicted annually.
Argentina emerges as a key supplier of soybeans in 2010. Argentina, with its great real estate investment potential, has just become the third-largest of soybeans, after the US and Brazil. “The quality of our soybean is very high and we are a reliable supplier,” reliable sources say. Many importers also state the transportation costs for soybean imports from Argentina are lower compared to many other countries.
The valuable real estate in Egypt is now in a state of potential flux. From the protesters in Egypt’s point of view, any way forward must include more than the usual opposition figures and Nobel Peace Prize-winner Mohamed ElBaradei. While the protesters may respect those individuals, there is little indication that they look to them for leadership. Hence the military in Egypt has great power over the prime real estate all over the country, especially the prime Egyptian beach front property with is now seen as a potential investment opportunity by many.
JP Morgan has issued a forecast that it anticipates that the Uruguayan peso will continue to appreciate against the US dollar during 2011. In 2010 the dollar kept falling during the second half. This bodes well for investors in Uruguay, especially in the real estate sector.
Mexico is always one of the top choices for retirees because it’s inexpensive, beautiful, the winters are warm . Of course, the fact that it’s close to the U.S. and Canada is a huge positive. The fact that it’s a very popular retirement destination accounts for the fact that there are at least 50,000 Americans and Canadians living in Mexico right now.
Experts in real estate South of France credited the robust development this past year towards the enhanced financing conditions carried out by the French government’s safety net which prevented the country’s economic decline. Thanks to these steps the final quarter of 2010 witnessed those contemplating investing in property available South of France could actually borrow more at historically low interest. With French mortgages striking post war levels of 3.3% down from 5% just two years ago.
Home sales in Spain declined for a third straight month in November 2010 as potential home buyers have become increasingly apprehensive about the national economy and high unemployment rate.
The Great Plains which include North Dakota, South Dakota, Wyoming, and Montana not only have low unemployment numbers but have stable real estate values that did not crash two years ago. According to Housing Predictor analysts out of the 17 states that are expected to see real estate prices move in the upward trend, those four states will lead the way.
