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10 Best Countries to Invest in Property in 2023

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Costa Rica

Costa Rica is one of the most popular countries for investors looking to make money in real estate. With a low cost of living, a pleasant climate, and a large expat community, Costa Rica offers investors the opportunity to live in relative comfort while making their investment. It also has tons of natural beauty with mountains and beaches.

Many visitors fall in love with this country and decide they want to invest here. If you are one of these people, it’s important that you know where to start your search when it comes time to purchase a property.

Germany

Germany is today’s second-largest economy in Europe and is expected to become the fourth-largest economy in the world by 2023. Moreover, Germany’s housing market has seen steady activity in recent years. In fact, 2019 was a bumper year for the German property market with an astonishing 1.1 million units sold across the country.

The country’s stable economy, growing labor market and low unemployment rate continue to drive strong demand for homes in Germany. As a result, it has been one of the best European countries for real estate investment over the last few years and its property market is considered one of the most transparent markets globally according to CBRE Global Investors and JLL Indexes.

New Zealand

New Zealand is a very different country.  The population is relatively small and its culture (while paying lip service to English) is far more Polynesian than that of the United States, Britain or Australia

The residents don’t wear ties but they wear downy jumpers

It’s also a way of life that you’ll want to take note of as you plan your investment strategy in 2023. This country has made some impressive strides in the past two decades, with 3 out of its 4 cities topping $1 trillion in size, many leading the world in one industry or another. They have become known as the “Auckland” (capital city) “Cities” because they are so large and diverse.

Ukraine

Ukraine is a great choice for investors in real estate.

  • Ukraine is the largest country in Europe, with an area of 603,700 sq km and a population of 42 million people.
  • In the past few years, Ukraine’s economy has been growing steadily. It is expected to grow by 3% this year.
  • Real estate experts say that Ukraine is one of the most attractive countries to invest in real estate because it has six key factors: a low cost of living, an affordable housing market, a large and highly qualified workforce, high growth rate of GDP, political stability and good infrastructure (including transportation).

The Philippines

One of the best things about investing in property abroad is that you can choose to live there or just invest and generate income. The Philippines is a great place to live, as there are already lots of expats living there. The cost of living is lower than many countries, so you can live comfortably on less money. Also, if you’re moving from somewhere that speaks English, it will be a relatively easy transition because the majority of the population speaks English.

The country has experienced significant economic growth over the past few decades and still has room for more development. There’s a lot of new construction happening with residential properties and commercial properties such as malls and hotels.

Panama

As you can probably tell, there are a lot of things to love about Panama. Besides the fact that it’s a beautiful place to visit and live, Panama is also an ideal investment destination. The country has been steadily growing over the past few years due to abundant natural resources (the city of Panama City is located right on the Pacific Coast), a contemporary financial system, and less corrupt practices than many other Latin American states. These attributes make Panama a great place for both business and leisure travelers, retirees, and families looking for an adventure-packed getaway.

Colombia

Colombia is one of the least expensive countries in South America—and with a cost of $2,500 per square meter on average, it’s one of the cheapest places in the world to buy real estate.

The Colombian government has implemented a series of measures to stimulate construction, primarily to increase the housing supply for middle-income households. As these measures start to take effect, there’s likely to be a considerable increase in demand for affordable properties—and an excellent opportunity for investors.

Malta

Malta is the land of blue skies, pristine beaches and an all-year Mediterranean lifestyle. It is also an increasingly popular destination for tourists, expats and investors alike. With a booming tourism industry, English as the second official language and a lower cost of living than many countries in Europe, it’s not surprising that Malta continues to grow in popularity.

Low property prices make for excellent investment opportunities in Malta. According to data from 2017 to 2018, the average price per square meter was just 1,865 EUR/sqm — well below the EU average of 3,300 EUR/sqm. The Maltese government has also announced plans to increase property supply by releasing more land for development in rural areas across Malta and Gozo. This expansion of property supply should mean that prices remain low over the next few years — making now the perfect time to invest!

Portugal

There are plenty of reasons why you might want to invest in property in Portugal. The low cost of living and great lifestyle make it a popular destination for families, retirees and young expats alike. The country has evolved from a sleepy fishing village into one of Europe’s most developed states, with its economy growing at more than 5 per cent per year. But don’t assume that this growth means that it’s becoming more expensive – the affordability factor is still very much alive in Portugal, making it an excellent place to put your money into property.

Bulgaria

Bulgaria is a country in the southeastern part of Europe. The country offers low property prices and high rental yields, making it a good place to invest in real estate. Bulgaria also has a vibrant business and financial sector, as well as a low cost of living. Moreover, the country enjoys being part of the European Union (EU) with all its advantages including quality education and healthcare, among other benefits.

As an EU member, Bulgarian citizens are able to travel freely throughout all EU countries without going through strict border control procedures. Hence you can buy property within this region without having to go through complex paperwork or unnecessary legal hassles that investors from outside the EU would have to deal with.

Costa Rica is a great option for investors looking to make money in real estate.

Regardless of whether you’re seeking a place to retire or looking for the perfect place to invest in real estate, property in Costa Rica should be at the top of your list. In addition to having some of the best beaches and weather in the world, Costa Rica consistently ranks at the very top for quality of life and healthcare. With stable government and a booming economy, there’s no better place on Earth to invest your money.