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- Team Lead, Responsible Procurement – Maersk Global Service Centres, Ortigas Center, Pasig City, Phil
- Live and Invest Overseas Names World’s Six Best Beachfront Buys Right Now The Six Best Places to Invest in Coastal Property for Profit
| wii. like new with 4 controllers modet 64 games $8000 pasos (valenzuela) PHP1 Posted: 06 Nov 2012 11:23 AM PST wii. like new with 4 controllers modet 64 games $ 8000 paso 09331132357 or 09424899177 craigslist | all for sale / wanted in manila | ||
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| Posted: 06 Nov 2012 05:30 AM PST Annapolis, MD (PRWEB) April 29, 2008 “I was putting what little money I had in Ocean Frontage, for the sole reason that there was only so much of it and no more, and that they wasent making anymore…”
Will Roger’s investment strategy is as sound today as it was nearly 80 years ago. The trouble is, in the intervening eight decades, people have been aggressively buying up what beachfront property there is. What’s left for you?
The truth is, it’s harder and harder to find coastline worth owning for sale at prices worth paying. However, the editors of Live and Invest Overseas have identified six places where the beachfront is both special and under-valued:
1. Panama. You’re likely familiar with the many reasons why Panama remains one of the best places to invest your real estate dollars (your retirement and second-home dollars, too).
(If you’d like to remind yourself what’s so hot about this country, take a look here: http://www.liveandinvestoverseas.com/hotopportunities/panama.html )
The trouble is, Panama hardly qualifies any longer as undiscovered. Could its beachfront possibly, therefore, be under-valued?
Yes, in particular regions. Not within easy commuting distance of the city. These weekend-getaway beaches have been climbing fast in value, trading hands back and forth among both local and foreign buyers for more than a dozen years.
And not in Bocas del Toro, on the Caribbean, where, again, the gringo developers, agents, and buyers have created a bubble for themselves.
Veraguas. That’s the place to look right now. This large province about three hours west of Panama City hides the best Pacific coast buys in all Central America.
Plus, remember, Panama uses the U.S. dollar as its currency, meaning no exchange risk.
2. Dominican Republic. Cheapest Caribbean beachfront you can buy today. I’m talking quintessential beachfront of the variety that, for many, defines the word. Soft white sand bordering gently lapping emerald water. The same white sand and emerald water you find at St. Lucia or St. Barts, only way more appealingly priced, be you a would-be second-home owner or a speculator looking to flip quick.
The best opportunities are on the Samana Peninsula. The spotlight is on Cap Cana (where The Donald is developing Trump at Cap Cana). That’s why you want to focus your attention northwest (to Samana) instead. This lush, green region boasts more than 20 miles of white-sand coast.
Look specifically around Las Terrenas, today little more than a small fishing village–which is part of the attraction. The expat community here of 2,500 is growing quickly. You can buy a condo right on the beach for $ 2,600 per square meter or one with an ocean view for $ 2,100 per square meter. Rentals yields are above average, at 6% to 8% net per year.
Undeveloped beachfront is remarkably affordable. Where else in the Caribbean could you buy prime white sand with services for as little as $ 40 a square meter? Hillside lots start as low as $ 20 a square meter.
3. Uruguay. Like both Panama and the Dominican Republic, Uruguay’s beachfront property market is not primarily dependent on American buyers, an important point to keep in mind if you’re shopping with an investment agenda today.
In Uruguay, we have two specific recommendations, the first for investment, the second for part-time or retirement living.
First, the investment pick: Rocha province. Tourists and buyers, both, have focused to date on Punta del Este in neighboring Maldonado province. Rocha, to the northeast, has equally attractive beaches. And, as Punta del Este and its surrounding resorts expand, it’s these Rocha province beaches to the north that will benefit from the spillover. Furthermore, for Brazilians (who make up a fair part of the Uruguay market) driving south to Uruguay’s safe, cheap beaches, Rocha means less travel time.
Second, the lifestyle play: Pirapolis, with its beautiful bay, quaint rambla (or boardwalk), caf |
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