If you do not want to risk your property due to the possibility of a missile/drone hitting your home, consider buying an apartment/house abroad. Let’s consider the possibilities of acquiring overseas property in more detail.
Why should you invest in overseas property?
Investing in overseas property has a number of advantages:
- The ability to diversify assets and protect them from risks within the country.
- Receiving passive income in foreign currency.
- The ability to obtain a residence permit in the country of investment.
What to pay attention to?
When choosing objects for investment abroad, you should pay attention to:
- Economic and political stability in the country.
- Features of legislation on the purchase of real estate by foreigners.
- Standard of living and demand for rental property.
- Liquidity of the property and the potential for growth in its value.
What to invest in?
The most popular types of property for investment abroad:
- Apartments and apartments in resort areas.
- Housing in large cities with a developed economy.
- Commercial real estate – offices, retail space.
Strategies for investing in overseas real estate
How to make money on real estate? There are two main approaches to investing in real estate abroad:
- Purchasing a property for long-term lease and passive income.
- Purchasing real estate at the construction stage for subsequent resale after the property is put into operation.
Northern Cyprus
Northern Cyprus is an excellent option for those looking for where to invest $50,000. For this money, you can buy apartments in a resort area with a guaranteed rental income of 5-8% per annum. Among the advantages of Northern Cyprus are a favorable climate, low prices and loyal conditions for foreign investors, properties for sale in Cyprus can be found on the website myspace.com.cy.
Real estate in Cyprus is quite expensive, so with $50,000 you can only count on a studio apartment. Options can be found, although this is not easy – for example, an apartment in the city of Limassol worth 50,000 euros.
Bulgaria
Bulgaria is another country that attracts Ukrainian investors with affordable prices and stable demand for real estate. The ski resorts of Bansko and Pamporovo, as well as the seaside resorts of Sunny Beach and Golden Sands, are especially popular for investment. The average yield from renting out apartments here is about 5% per annum.
What can you buy within the designated budget of $50,000? The number of available options is quite significant. For example, you can buy a studio apartment in the Iris complex, which is in the Aurelia quarter of Nessebar. The distance to the sea is only 100 m.
A studio apartment is good for periodically coming here on vacation. However, it is a little cramped for permanent residence. Therefore, it is worth considering a more expensive option of 48,000 euros – a two-room apartment in the city of Obzor. The distance to the sea is 200 m.
Egypt
Real estate in Egypt attracts with its low cost and high demand for rent from tourists. The resorts of Sharm el-Sheikh and Hurghada are especially popular. Rental yields can reach 8-10% per year, and the relatively low entry threshold allows you to consider this direction even with a limited budget.
For example, a two-room apartment at Aqua Tropical Resort Hurghada Egypt can be purchased for 39,000 pounds, or 49,000 dollars.
If you choose the less popular El Gouna, you can get by with 17.6 thousand dollars for a studio apartment.
