Top 3 emerging areas for investment

Is your high street bank ripping you off

When it comes to making property investments overseas, everybody wants to get in on the ground floor of an emerging market.

The longer that you have to wait to free up funds and make that crucial investment, the more likely you are to miss out on the best deals regarding travelling and accommodation costs.

With that in mind, we have compiled the main emerging areas for potential investment throughout the globe at the moment. Hopefully the secret isn’t out about them all just yet:

South East Asia: Significant growth within the construction industry as well as investment within infrastructure generally marks out South East Asia as a place to consider serious property investment over the next few years. Previously underdeveloped areas such as Hanoi and Bangkok are set to be major players in the global property market in the times ahead.

Dubai: It once seemed unthinkable to recommend Dubai as a decent opportunity for property investmentas the global financial crash left the country spinning. Inevitably though, property prices have fallen generally and the time has come to re-evaluate the way in which you felt about a second home in Dubai.

Spain: Luxury Spanish properties are rapidly becoming the new ‘must have’ for the nouveau riche. The country’s property market was once associated with questionable temporary accommodation for a week in Marbella. However, a recent report form an overseas guide company has suggested that British interest in properties at the higher end of the market have increased significantly.

Transfer Money to Asia

If you are looking to invest in Asia, think carefully about how you will be transferring money to Asia. Foreign currency exchange rates quoted by banks are almost always worse than the exchange rates available through specialist currency dealers.

So if you are sending money to Asia – which you will inevitably have to do if you are looking to make a property investment, be sure to compare the market before you buy your overseas currency.

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Top 3 emerging areas for investment

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