International Property

Finding Real Estate in Jamaica

Finding Real Estate in Jamaica

Jamaica real estate can be noted as being located on an island, one which is 145 miles long and is made up of 4300 square miles. Located in the Caribbean Sea, Jamaica property can further be noted as being 120 miles to the west of the island of Hispaniola, on which the Dominican Republic and Haiti are situated, and to being 90 miles to the south of Cuba. Jamaica real estate is, furthermore, part of the Greater Antilles, as includes the previously mentioned locations as well as Puerto Rico and constitutes the large majority of West Indies land.
 
 
 
Jamaica real estate has been noted for having experienced a financial downturn in 2010, particularly due to a warning issued by the State Department of the United States government against travel to the area, which cut down particularly on rental of Jamaica property by U.S. residents. An especially strong blow to Jamaica real estate, specifically on the rate of U.S. and otherwise foreign investment in it, arose from drug-related violence in Kingston triggered by attempts to serve an arrest warrant for the reputed drug lord Christopher Coke. 
 
 
The fear of violent crime has ensured that the Jamaica property most often considered for purchase by outsiders has been in well-guarded gated communities, contributing largely to the cost of Jamaica real estate. The Jamaica real estate market in general has been greatly and adversely affected by high levels of inflation. Jamaica property purchases accordingly began a dip in 2009 which has continued.
 
 

Finding Real Estate in Bali

Finding Real Estate in Bali

The prospective purchasers of Bali real estate should be aware that this purchase will take place on an island, one which is a part of the political entity of Indonesia. Furthermore, Bali real estate is located, geographically, as part of the Lesser Sunda Islands, namely the furthest western point of that string of islands. Bali is also, again in political terms, an Indonesian province.
 
 
 
One major factor in the market for Bali real estate is the availability of funds for investment from investors from elsewhere, as well as the willingness of such investors to contribute funds for the purchase of Bali real estate. In this regard, the selling and purchasing of Bali real estate was noted as having been adversely affected by the overall financial downturn as occurred throughout the world. 
 
 
That being said, economists felt that, while Bali real estate was not being purchased in the same volume as when the world economy was functioning more successfully, Bali real estate had remained healthier than in many countries. In order to explain why this was the case, economists and businesspeople have pointed to the fact that Bali real estate purchases by people from outside Indonesia are not heavily funded, which has ensured that the reduction in credit’s availability impacted the market less. 
 
 
 
That being said, Bali real estate above the $750,000 price range is noted as not doing as well in the period following the economic downturn. As an alternative to luxury Bali real estate, non-Indonesians also commonly live in Jakarta for the business opportunities.
 
 

Finding Real Estate in Caribbean

Finding Real Estate in Caribbean

Caribbean real estate is a large category for property purchases, as can be understood principally in reference to the area in and around the Caribbean Sea, as comprises both coastal regions and islands. Caribbean real estate can be in the collection of islands and other small bodies of land, including over 7,000 different pieces of land, known as the West Indies. Caribbean real estate is generally understood as being in North America.
 
 
 
Concerns have been raised for the future of Caribbean real estate due to the performance of one specific use for such property, that of hotels. Caribbean real estate tends to be most highly valued in regard to the natural beauty and temperate conditions identified with and typically found of the area. In this regard, the Caribbean real estate market as a whole was alarmed during 2009 when the related area of lodging, as has generally served a thriving and significant tourist market, experienced a drop in revenue nearing 20% of its normal and expected financial rewards. 
 
 
For this reason, it is felt that Caribbean real estate may be highly responsive to and damaged by the long-term trends for problems in the functioning of the world’s economy. That being said, comparisons of dropping prices for Caribbean hotels to those experienced by U.S.-based operators found that Caribbean locations fared less badly. Developers of Caribbean real estate and proponents for the overall market have thus argued that the overall strength of Caribbean real estate should return at some point.
 
 

Finding Real Estate in Ecuador

Finding Real Estate in EcuadorPeople interested in the subject of Ecuador real estate can refer to the fact that this county is located in South America. Further on the field of Ecuador real estate, it can be noted that Ecuador and Chile are unique among South American nations in not bordering on Brazil.

Ecuador real estate can include, as well as mainland areas, the region of the Galapagos Islands. These are located some 620 miles away from Ecuador as a whole, in a westerly direction.

Ecuador real estate has been noted for being relatively cheap and easy to purchase for outsiders. In this regard, Ecuador real estate observers have contended that beachfront Ecuador real estate can be picked up in good condition with a cost to buyers not exceeding that of $12,000.

Colonial-era Ecuador real estate, moreover, has been found to have been offered in some cases for a cost less than $25,000. Increasing the attractiveness of Ecuador real estate to outsiders, the rate of taxation in the country is low, while the nation is generally regarded as welcoming to outsiders.

In the Ecuador real estate market area, the city of Cuenca has been noted as a particularly and increasingly popular option for people to move to, and for providing an array of positive living condition factors, including well developed local infrastructure and a lack of violent crime.

Cuenca is located, as may be of interest for prospective investors or retirees considering a move, in the southern part of the county.