International Property

Finding Real Estate in Thailand

Finding Real Estate in Thailand

Thailand property can be located, such as in the form of real estate, in this Southeast Asian nation. Thailand property, if found somewhere on the borders of the country, may by close by Burma, to the north, Laos, again to the north or to the east, Malaysia, to the south, the Gulf of Thailand, also to the south, or the Andaman Sea, to the west.
 
 
 
Thailand property laws are noted for being somewhat restrictive, aiming at allowing overseas buyers to purchase real estate in Thailand only accordingly to certain permissible routes. Thailand property laws can allow for overseas ownership of land in the country through the effective “owner” of the lot owning the most stock in a corporation, based out of Thailand, which actually holds the lease to the property. 
 
 
Thailand property laws also allow foreigners the so-called “2×30” route of agreeing to leases, lasting for up to a 30-year period, with a Thai citizen or Thai-owned business group. 
 
 
Foreign-born purchasers of Thailand land and other forms of property have sometimes gotten around Thailand property laws by having their Thai-born spouses purchase the property in their own names, but this strategy has been noted as often ending with the would-be purchasers losing their financial investment completely in view of their lack of formal ownership of the land.
 
 
 
One popular subject addressed through Thailand property laws may be the option of Phuket real estate. Phuket real estate, in the country’s south, is located on the island of this name, Thailand’s richest area.

Finding Real Estate in Australia

Finding Real Estate in Australia

Real estate Australia purchases may be more or less advisable specifically in regard to the particular area of this vast country which an individual or company happens to purchase or otherwise secure rights to use. That being said, observations on the real estate/ Australia market have noted that a so-called property bubble may be forming in this area of the world’s economy. Observers of real estate Australia value levels have based this prognostication on a comparison with the models of other comparable real estate markets in other countries. 
 
 
Real estate Australia market value was noted for a continual increase over a period of 60 years, over the course of the 20th century. More recently, 1997-2003 real estate Australia prices were noted for a particularly rapid period of improvement. The 2003-2010 period for real estate Australia market prices, by contrast, were noted for a comparable level of consistency and lack of change either in a positive or negative direction.
 
 
 
The world body known as the International Monetary Fund, or IMF, issued a caution to real estate investors and other participants in this market for property which cautioned of an imminent collapse not just in real estate Australia prices but also in the market value of real estate in such other countries as the United Kingdom, the United States, and Ireland. 
 
 
A later 2008 IMF announcement was made particularly on real estate Australia value, finding value estimation to be inflated by one-fourth. Goldman Sachs announced in 2010 that real estate Australia prices were overvalued but not to the point of a bubble.
 
 

Finding Real Estate in Costa Rica

Finding Real Estate in Costa Rica

Homes for sale in Costa Rica and the overall market for property in Costa Rica were noted as having been adversely and strongly affected by the worldwide experience of a financial recession. 
 
 
Throughout 2009, prices for property in Costa Rica were noted as thus declining measurably, while the homes for sale in Costa Rica tended to be offered to lower prices than usual, threatening the investments of individuals in their homes and of real estate investors in their portfolios. 2010 has, however, been noted by real estate guides and experts as a far better and wiser year for placing homes for sale in Costa Rica.
 
 
 
The projects which had previously been launched to the end of developing property in Costa Rica but had, for a period, slowed, were noted as beginning to regain their momentum in 2010 after the lull of the 2009 period. Moreover, some degree of financial recovery had also allowed banks to offer more credit to investors, and thus to allow new projects to develop property in Costa Rica to be launched. 
 
 
That be said, some areas for projects to develop property in Costa Rica were noted as still being prohibitively expensive for the purposes of overseas investment. In addition to the value of homes for sale in Costa Rica, industrial property in Costa Rica has also been noted as having recovered value and returned to some degree of its former level of activity. The value of homes for sale in Costa Rica is expected to rise through 2010 and into the 2011 real estate period.

Finding Real Estate in Puerto Rico

Finding Real Estate in Puerto Rico

Puerto Rico real estate may vary in value according to where in particular on the island it is purchased, but it should be noted by prospective or imminent purchasers that significant concerns have been raised regarding the subject of Puerto Rico real estate. 
 
 
People who purchase Puerto Rico real estate should thus be aware that they may be vulnerable to a significant loss of value in the property which they purchase and thus to the financial investment which they have made. Cautions over the Puerto Rico real estate market were issued in a strong form in 2009, following the lapse of an 18-month period in which price and market value had been noted as being widely depressed.
 
 
 
The Puerto Rico real estate market, in accordance with overall real estate market trends, had seen a strong period for value in the early years of the 21st century. It first began to decline along with the Puerto Rico economy as a whole in 2007. 
 
 
In this period, it was first noted that Puerto Rico real estate could no longer be sold on the market unless its price was first dropped to a point beyond the initial value of the real estate price or the desired profit of the seller. The 2008 period for Puerto Rico real estate sales saw, for instance, a drop in the price at which four-bedroom San Juan residences could be sold, to a degree of nearly 8%. 2009’s first quarter saw almost 40% reduced sales for Puerto Rico real estate.