Comparison of real estate markets in different countries

Let's look at the economic outlook, pros and cons of some regions to understand the peculiarities of real estate investment in different parts of the world.

The island of Bali (Indonesia)

The population is 4.4 million people, GDP has been growing steadily since 2021 by 5%, the economy is based on agriculture, mining, engineering and tourism.

Among the pros of the island of Bali are:

high ROI - 10-12%;
fast construction;
only a passport is needed for the transaction;
the possibility of obtaining a golden investor visa.

Minuses:

the real estate is not sold, but leased for long-term possession for 25 years with the possibility of further extension for full price;
lack of large developers with a good reputation;
high dependence of the market on tourism development;
climatic factor: constant threat of volcanic eruptions;
high interest rates and difficulties in obtaining a mortgage loan.

So, the assessment of the studied industry in Bali is ambiguous: excellent profitability along with significant taxes, corruption and dependence on tourism and climate.

Thailand

The number of inhabitants - 72 million people, stable economic growth of 3% per year, unemployment rate below 1%. The region lures investors with a simplified tax system, increased demand for real estate and low inflation.

However, a number of negative factors should be noted:

a turbulent political situation (protests and coups);
impossibility of acquiring land into ownership;
legal entity registration is required for transactions with objects;
high real estate prices for foreigners.

As a result, investing in Thailand can be complicated by unstable politics, low growth in the value of real estate and restrictions in transactions for foreigners.

The island of Cyprus

Population - 920 thousand people, annual GDP growth is 5% outside of crises, the economy is based on tourism, pharmaceuticals and agriculture. It is important to keep in mind that Cyprus is divided into the poor North, which is not recognized by the international community, and the rich South. Among the pros of the real estate market is the possibility of obtaining a residence permit and even citizenship for investment.

Minuses are more:

there are restrictions on owning multiple properties;
EU sanctions policy;
fall in the value of the euro;
low ROI - 4-5%;
significant taxes on the purchase and sale of construction projects.

Northern Cyprus

The number of inhabitants is 530 thousand people, recognized only by Turkey, so it exists under heavy sanctions pressure. The region is characterized by slow economic growth and a strong dependence on tourism. The real estate market here is more stable, thanks to the attachment of prices to the British pound.

However, it is worth bearing in mind certain legal risks due to the disputed territorial situation associated with the recognition of ownership or further legalization of capital. For the same reason, some markets and services may not be available.

United Arab Emirates

The population is 10.2 million people, the economy shows a stable growth of 5% per year.

We should pay attention to the large number of positive factors affecting the construction industry:

GDP per capita - $49,451 per year;
low inflation rate of 2.28%;
simplified process of starting a business for a foreign investor;
the possibility of obtaining a visa for investing in real estate;
few taxes;
high ROI - 7-10%;
affordable lending terms, government support;
availability of large international real estate developers with high reputation.

Thus, the UAE boasts the best conditions providing high profitability, stability and security not only for investment, but also for doing business and comfortable life.

Openbiz specialists will help with the process of investor visa and opening a personal account. Sign up for a free consultation via the form below.

Get a free consultation
with an individual analysis of your situation

By clicking on the "Get a consultation" button, you agree to the Privacy Policy

Might be interesting:

«Legal and accounting services in UAE»

BUSINESS SERVICES

PERSONAL SERVICES

INFORMATION