2/19/2007

International Living Magazine Details Top Seven Real Estate Opportunities Worldwide in 2007

BALTIMORE, Feb. 15 /PRNewswire/ -- International Living magazine -- a leading resource for helping people live, travel, and prosper overseas --has released its first annual forecast of the hottest international realestate markets.

The report -- Markets to Watch in 2007 -- focuses on seven emergingreal estate markets that currently enjoy a special combination of economic,political and other factors that give them attractive investment potential.The report details the specifics of the seven markets and how investors canbest seize available opportunities, http://www.internationalliving.com/markets_to_watch.html.

"The price of real estate generally goes up in line with inflation. Butin some pockets of the world, real estate will appreciate at a much faster rate," says International Living's Leif Simon, in the report. "These are usually destinations with unique, good value, limited inventory. Beach, for example, or old -- truly old -- city centers. The less there is of something, the better for whoever owns it." The markets International Living is watching for 2007:

-- Montenegro: A hidden yet spectacular Adriatic gem. Lapped by a glittering sea of translucent aquamarine, this is one of the loveliest countries in Europe -- and one of the most forgotten.

-- Cartagena, Colombia: A walled city in "The Forgotten Caribbean". White-sand beaches, world-class diving and snorkeling, and an ancient walled city crammed full of faithfully restored and well-maintained examples of Spanish colonial architecture.

-- Malaysia: This is Southeast Asia's top retirement haven, which provides a Western-type lifestyle. This underrated destination is also under-priced.

-- Calabria, Italy: A hidden, sun-kissed corner of Europe, it is encircled by clear silver-blue sea on three sides. Despite the region's obvious allure, almost nobody knows about it.

-- Ciudad Vieja, Uruguay: One of the world's top 10 cheapest cities and still undiscovered. The real estate in this city began a renaissance back around 1995, and began to really hit its stride in 2004. The property market in this area is definitely on the move.

-- Honduras Cloud Forest: A mystical cloud forest-hidden in a tropical mountain paradise. In addition to the natural beauty, these mountain forests are just minutes from a charming beachside town with an international airport.

-- Mexico's Flamingo Coast: Dozens of quaint little beach towns, side-by-side. The Flamingo Cost offers warm weather, friendly locals, a safe atmosphere, and great food; what's more, the maddening crowds have not yet arrived.

International Living has an established track record of predicting which international real estate markets are ready to increase in value, but this is the first time the organization has produced a comprehensive forecast report. Some of the real estate markets that International Living has correctly predicted would increase in value include:

-- April 1988 -- Dublin, Ireland
-- March 1989 -- Costa Rica
-- October 1989 -- Tuscany, Italy
-- March 1991 -- Panama
-- November 1993 -- Dordogne, France
-- February 1994 -- Roatan, Honduras
-- November 2002 -- Buenos Aires, Argentina

International Living (http://www.internationalliving.com) -- founded in1979 -- helps people live out their dreams by relocating, traveling, andinvesting overseas. International Living publishes a monthly magazine, a free daily e-letter(http://www.internationalliving.com/e-letter_signup3.html) which is read by more than 420,000 subscribers daily, and several country- specifice-letters. The company is headquartered in Waterford, Ireland, with offices in Baltimore, Md., Panama City, Panama, and Paris and local offices inMexico, Nicaragua, Argentina, Honduras, and Ecuador.

CONTACT: Daniel Lott, Web Marketing Director,dlott@internationalliving.com, 410-895-7917.

0 Comments:

Post a Comment

<< Home