More and more baby boomers are reconsidering their options for retirement. Some are considering a move abroad to places like Central America where the real estate is cheaper and the cost of living more affordable.
Government incentives to promote tourism for the development of this region has opened the doors to foreign investors, bringing in capital and benefitting from huge growth at the lowest prices.
All round encouraging news has emerged from the surge in sales over the past quarter, with investors, first time buyers and repeat buyers all actively re-entering the market.
Research is essential for making an informed land purchase. Preparation prior to purchasing should include the buyer’s understanding of intentions for the land.
While a decade ago the idea of investing in land in Brazil may have appeared absurd to an average citizen outside the farming community, these days it is being snapped up.
Benefits abound in both emerging and established markets, yet when relying on financial assistance for purchasing, often many emerging markets limit the numbers of potential investors. Despite the rock bottom property prices, if financial assistance cannot be obtained, many buyers remain priced out of some of the fastest growth opportunity markets.