Overseas Property Investment

Why property, some people ask when looking for an investment. Well, as far as I am concerned, property investment is, and always has been, the most powerful type of investment for building wealth. It has been said that over 90% of the world's millionaires got there by owning property. The reason property is such a powerful way to build wealth is due to one key concept: leverage.

Real-Estate always has been, and is likely to remain, one of the most solid investment opportunities. Although the market may suffer short term ups and downs, if you are willing to hold on to an investment property for a long period of time, it will almost certainly be profitable. Investment property, particularly in urban centers, can also be extremely profitable in the short term.

Location
The old real-estate adage remains true to this day. Consider development trends carefully when looking into a property. Almost any real-estate expert will tell you that it is better to own an inferior building - in terms of structure and design – in a good location than a great building in a poor location. Remember that almost everything about a building can be changed and improved except its physical location. When looking at an investment property, keep in mind that you want people to live / work there, so look at

Start Small
Investment property, obviously, involves putting down large amounts of money and sometimes waiting a long time for your payoff. If you’re not in a position to buy a large property right away, consider something smaller: a condo unit within a larger building for example. If you keep in mind the location advice above, small properties can still turn into profitable short term investments. what’s around it and the neighborhood trends carefully.