The Best Countries To Invest In Real Estate In 2021

As an entrepreneur, you are always on the lookout for new opportunities that might make you money. You can’t guarantee anything, but you can use your skill and expertise to sniff out a quality deal. As long as you’re decisive, you should be able to get in on the ground floor and get out when the value peaks.

Of course, golden projects such as these don’t come around very often. As a result, you might overthink industries and sectors. Cryptocurrencies, for instance, appear to be booming right now. However, you don’t have the know-how to predict the future. Elon Musk is keen, but you’re not him!

Real estate, on the other hand, seems to have gone off a cliff in terms of popularity. The property market is strong, even despite the pandemic, yet it’s not as sexy as it was previously. This is because it feels as if all the value has been sucked up and spit out over the past couple of years.

In reality, there are plenty of places to funnel your home and receive a high ROI if you’re willing to look overseas. The value at home isn’t what you’re after, so it’s time to broaden your horizons. Here are the four best cities to invest in for 2021.

Cyprus

Cyprus is an island in the Mediterranean sea that’s synonymous with holidaymakers and Europeans who fancy a break from life. It’s also making a name for itself as a real estate haven, especially as new legislation is making it easier to take advantage of the benefits available to the locals.

For instance, the island has a citizenship-through-investment scheme. This loophole is ideal for non-residents who want to use their resources to get a foot on the Cypriot property ladder. Another scheme also exists, and it’s known as the island’s golden visa programme.

They are already drawing in investors from around the world, yet the average price of a house is under £200,000. You can’t buy a one-bedroom flat in London for that amount. You do need to watch out for a few things, most noticeably the divide between the Greek and Turkish sides. The politics of the island aren’t simple, so you might require help before you sign on the dotted line.

Still, with the economy booming in 2020 in spite of Covid-19, there’s a brilliant mix of profit and affordable accommodations on the market for foreign investors.

Malaysia

The great thing about Malaysia is that it has bounced back from the pandemic quicker than most places. Being in Southeast Asia, it’s familiar with pandemics and how they spread, so the government was able to crack down rapidly and avoid the types of multiple lockdowns seen throughout Europe.

In terms of real estate, this means financial markets were up and running back in 2020, unlike some in the EU and US that are still struggling in 2021. The result is that prices have risen in popular cities such as Kuala Lumpur. Therefore, you might be put off by the capital city as it doesn’t represent great value.

However, if you look around the capital, you’ll find plenty of places that are on the rise. Selangor is at the top of the list as it boasts developments like Empire Subang that are attracting lots of attention. It’s not only from investors but potential tenants too.

After all, the public transport system in Kuala Lumpur reaches out to the suburbs, allowing commuters from satellite towns and cities to connect with the hub of the nation without too much fuss. For landlords, this results in a vast pool of applicants to pick from, and a steady revenue stream.

Brazil

Brazil is more than a party place where tourists go to sample football matches and carnivals on the beach. For the past few years, it’s been emerging as one of the best places for real estate investment outside of major nations. It has even overtaken China as the number one market regarding emerging nations.

More impressive is research that came out in 2018 and still holds true today. Out of the top five countries for real estate investment and capital appreciation, Brazil ranks number two, second only to the US. it’s above China, Spain, and the UK.

What does this mean? It means a couple of things. Firstly, the growth potential in the epicentre of South America is going to increase in the future. Secondly, the rate of capital appreciation for investors is incredibly high. As a result, you can make some serious money by adding a Brazilian project to your property portfolio.

Although Rio will stand out, don’t be scared to look at other cities. Buzios is in Rio de Janeiro state, a couple of hours from the Copacabana. Therefore, the holiday town is within driving distance, ensuring a steady influx of visitors, without being tied down by extortionate prices.

Spain

Europe used to be a breeding ground for investors, especially France. This was down to the fact that the real estate valuations were low, so you got more bang for your buck. Brexit has changed property investment in Europe as there are many questions left unanswered in 2021. That means you must consider more than money.

Spain, thankfully, has moved to ease some of the fears by announcing a handful of rules that will apply to British tourists. For example, you’ll be able to receive healthcare regardless of whether you’re an EU citizen. 

The travel visa situation has also been worked out, with an American-style ETIAS replacing the freedom of movement. While it’s not as beneficial, it is only £7 and lasts for three years. Therefore, your ability to respond to issues shouldn’t be impacted. 

Finally, there is the cost rise. In short, there isn’t one since Spanish properties are valued under £130,000, just as there were before and during Brexit. 

Summary

Many countries didn’t get a mention that you might have expected. Yet, the UK and the US don’t provide much value for money unless you have a bottomless budget. The ones on this list, on the other hand, are lucrative and accessible to average investors.