Emerging Real Estate Markets For 2010

Emerging Real Estate Markets For 2010

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By and large, year 2009 was not a good one for real estate sector. There were price declines, financial crunch, foreclosures, mortgage defaults, short sales, lots of properties lying vacant in the markets that were once considered quite strong. So what do we expect after a couple of tumultuous years (real estate markets have been in tank throughout 2008 as well). If truth be told, real estate is not that attractive in terms of investment opportunities and short term yields at this point in time, since the recovery process will take some time. However, the downfall of previously strong real estate markets doesnt mean theres no place left to invest in real estate. As the saying goes somebodys loss is somebodys gain (for real estate, we can change it to some real estate markets loss is some other real estate markets gain). Take Abu Dhabi for example, as it will be getting the benefit of Dubais real estate market downfall.

Similarly, we can expect some emerging markets to get hold of the investors attention, as the year 2010 approaches.

Costa Rica Real Estate:

A steady economy, good overall quality of life (known as the greenest country of world), stable government, fast growing tourism industry, all of this makes Costa Rica one of the best places to live, as well as a great place to invest in real estate sector. Good living conditions mean high end-user demand for houses, and high end-user demand means good yields on investment. The prices are not too high either and its relatively easier to obtain a piece of property in this part of the world.

Indian Real Estate:

India is going through a quite impressive economic growth, attracting foreign investment in many sectors, and real estate is one of them. Then theres an ever growing population along with an influx of foreign companies targeting India as the next money spinning market. As a result lots of construction is going around. Theres a constant upsurge in the housing prices in its major cities which hasnt really been affected by the global financial crisis, despite having close links with Dubai real estate market.


Abu Dhabi Real Estate:

Recently, nominated as the most promising real estate market in the Middle East by a group of highly regarded investors, Abu Dhabi has got the money and resources to build like Dubai (and a lot to learn from whats going on in Dubai at the moment). Slowly but steadily, Abu Dhabi is affirming its position as the regional leader when it comes to attracting foreign investment.

About the Author:
William King is the director of Concrete Suppliers & Concrete Business Directory , Abu Dhabi Classified Business Directory and Dubai UAE & Dubai Directory . He has 18 years of experience in the marketing and trading industries and has been helping retailers and startups with their product sourcing, promotion, marketing and supply chain requirements.



Article Originally Published On: http://www.articlesnatch.com


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