Most international residential real estate transactions are generated
by individuals purchasing lots or built units (including family homes,
apartments, and condominium units). These purchases form the bulk of
what is sometimes referred to as the vacation/second home market or
residential tourism market.
If a person wishes to initiate international real estate investment
for the individual’s or the institution’s portfolio, the person or
financial
manager may consider multiple avenues. The indirect method of entering international real estate investment may involve passive investment in securities that are based on international real estate
collateral or passive investment in international real estate service
firms and offices. The direct method of entering international real
estate investment may involve total acquisition or partial acquisition
of the foreign property.manager may consider multiple avenues. The indirect method of entering international real estate investment may involve passive investment in securities that are based on international real estate
For developed countries whose GDP per capita is above threshold
level, it is calculate the value of institutional-grade real estate is
45% of national GDP, which is consistent with data gathered. However, to
determine the size of institutional-grade real estate markets in
developing countries adjustments are made because only the more affluent
segments of the population in those countries have the wherewithal to
use such real estate.
Some of the factors leading to the growth in the international residential real estate sector are:
- the rise in international tourism and travel;
- the baby boomer generation reaching retirement age and looking for more flexible retirement options;
- the increase in available information on the World Wide Web regarding property listings in countries around the world.
- This is from wikipedia
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