Costa Rica
While Costa Rican markets were affected during the recession there has been renewed activity within the lower priced region - offers being made and some sales going through to completion. The Costa Rican market remains a firm option for North Americans looking for luxury property as retirement, bolt holes for vacations in exotic climbs and investment returns long-term.
Dubai
The UAE’s property market saw some of the largest drops in relation to global real estate prices and while the area remains of interest internationally the market has yet to indicate it has turned the corner to a full upward trend. There are plenty of bargains to be had if seeking a quality product at very low rates. Occupancy is reasonable and all indications are that long term the UAE will recover but not at the speed of pre recession levels but it will recover as this remains a major trading and commercial hub in the Middle East.
France
All eyes are on Europe these days and France is no exception to scrutiny. Talk of introducing a Tax on second home owners for foreigners and the Greek crisis will more than likely put a damper on any more increase in property prices which have risen significantly over the last year or so. Looking for some kind of assurances in this market means looking for guaranteed rental income and a solid exit strategy as a safe guard.
Florida
The US is still trapped in a merry-go-round of price drops and more bad economic news. It seems though that finally the US Government understands that unless confidence returns to the housing market nothing else will alter within the wider US economy. Housing, real estate and real estate confidence are all key to getting some kind of feel good factor returning at grass roots level. Perhaps 2012 will see some firming and increased confidence. One market sector that suffered badly was Florida and yet it was not clear that the upper market remained reasonably firm throughout.
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