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If Portugal is cheapish, id be interested in the silver coast region.....
On the other hand, if its a PURE investment play and you don't have a lot of cash on hand, China's property bubble is bursting right now albeit slowly. In a second/third tier city you can pick up a decent three bed apartment in multi-story block for less than $80k.
Just a year ago, $80k would just about manage 2 bedroom. Im talking about 2nd/3rd tier cities but good ones. Long term you're going to get great returns but you also have to remember that China is on course to be the superpower of the world.
China is on course to be the largest economy in the world so if you measure up, you could bag a winner. Also long term, it is widely anticipated that the yuan will strengthen against the USD - the gains made against the USD could outpace even the gains you make on the property itself.
Not to mention youll have a nice diversification away from home country assets.
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