Identifying the World's Top 10 Best Real Estate Hubs
The best thing one can do with one’s hard-earned money is to invest it in real estate. Knowing how to invest in real estate at the right time considering the market's value and having knowledge about real estate can help one grow financially. Many people in the world have had the biggest investments in companies, food chains, plazas, shops, and houses. They have done their research about the locations of these places and have invested their money in the best real estate markets in the world accordingly.
Owning a property and renting it is indeed an important step but what is more essential is knowing about the strongest Real Estate markets in the world. If you have this knowledge, then you can easily make a choice and invest your money where you don’t have to suffer any kind of loss. Locations that have been mentioned down below are the best real estate markets.
List of Top 10 Best Real Estate Hubs
It is important to know where, when and how to invest in a property if one does not intend to lose their money or suffer from any kind of loss. In this article, we will be discussing the best 10 Real Estate hubs in the world.
- 1. Dubai, UAE
- 2. Turkey
- 3. Spain
- 4. London, England
- 5. Bangkok, Thailand
- 6. Greece
- 7. Portugal
- 8. Ireland
- 9. France
- 10. Netherlands
1. Dubai, UAE
The popular and one of the most well-known modern cities of the world, Dubai, has the biggest and most successful real estate market in the world. The technologically advanced country is a hub of real estate market opportunities. This city is widely loved by tourists because it has a variety of entertainment spots that are famous all around the world.
Also, investors are inclined to come to Dubai for work opportunities as the city is famous for providing the best paths to talented and skilled individuals. This is the reason why the economy of Dubai keeps on flourishing with an increasing number of foreigners arriving in the country and investing in this land. Besides that, the reason why Dubai is one of the most in-demand and best Real Estate markets in the world is because they have made real estate easier than any other market.
The benefit of owning a property in Dubai is that it is tax-free. This is not allowed in every other city in the world. Owning real estate in Dubai is not as difficult because the city provides multiple options that one can choose from according to their own circumstances, for instance, one can also invest in an off-plan property in Dubai. Also, there is no restriction on staying in the same city. Some examples are Dubai Marina and Jumeirah Village.
2. Turkey
You must know Turkey for its popular tourist destinations or even its famous entertainment industry. There is another reason why this country is well-loved and popular, is because of its real estate benefits. Do you wish to have citizenship in this country while you have invested in this land? It is now possible in Turkey because if you invest in a property that has a value of US dollars 250, 000 then you can easily secure Turkey citizenship.
It is important to mention that before there was a restriction that one cannot secure citizenship unless you have a property of US dollars 1,000,000. Another important benefit of investing in real estate in Turkey is that, as compared to other cities, living costs in Turkey are flexible and affordable.
3. Spain
One of the most astounding and attractive countries in Europe, Spain, is also one of the best real estate markets in the world. It is indeed a fact that the exhilarating location and weather attract a lot of foreigners to come to this country and invest in their land. However, there are other reasons as well as why this country is the best choice for investing in real estate. One of the reasons is that it is an alluring tourist destination.
Every year foreigners arrive in this country which increases its tourism and in return increases the economy of this country. This is the reason why there is excellent investment return if you invest in real estate in Spain. Also, in Spain, there are varieties of available buildings and apartments for sale so there is a choice from which you can choose. If you don’t have a long plan of having a permanent residence in the country, then you don’t have to live in Spain. There is no such restriction.
4. London, England
London is one of the most in-demand and best real estate markets in the world. The reason why this place is best for owning property and investing in one is because of its long-term benefits. London is a hub of great economic activities and its financial status is always booming due to the unstoppable arrival of tourists in this city.
It is important to mention that overseas investors are highly attractive to the city because of the country's improved economy. Despite the political situation in London, people have always been interested in buying their dream house in this city because it indeed gives back to the capital. One only needs to know where and how to own or rent property in London, if they want to have positive results.
5. Bangkok, Thailand
The capital of Thailand, Bangkok, is one of the most visited cities in the world. Considering its high demand for tourism activities, its outstanding architecture, and its appealing location, this city is also one of the best real estate markets in the world. If one has already invested in a property in Bangkok, then it is positive news for them because people constantly come to this city and rent places.
One of the prime reasons for the economic growth of Bangkok is its export-led industries. Due to this, the city has positively seen growth in the economy. Due to its high urban development and stable status as one of the best travel destinations, this city has become one of the most sensible choices for real estate dealings.
6. Greece
One of the most beautiful and popular Europe’s countries is Greece. It has unparalleled natural beauty and stunning architecture that has captivated foreign tourists and investors for a long period of time. Also, it has pleasant weather and a growing economy. In the past, Greece has suffered from an economic crisis but in the present, due to the constant arrival of tourists, its economy has skyrocketed.
This is one of the reasons why real estate investors keep this country in their mind when looking for the best real estate markets in the world. It is important to mention that this country has low property taxes and there is also good political stability.
7. Portugal
The country with the most exhilarating coastlines and a pleasant climate is Portugal. One of the major reasons why this country is highly popular when it comes to real estate investment is because unlike other countries it does not have many restrictions for instance there is no hassle of paperwork. Also, its requirements are quite basic as well.
Another important detail about Portugal is that if one buys a property of 500, 000 pounds then one can easily obtain a golden visa. This golden Visa simply gives five years of residency to the property owner. Due to its ease for foreign investors, Portugal is one of the most desired locations for real estate investment.
8. Ireland
Another country with appealing views and a high-quality lifestyle, Ireland, has gathered the attention of foreign investors. Ireland has one of the most stunning infrastructures in the world and also a technologically advanced system. Also, its tech sector has helped accelerate the economy of this country. Locations like Waterford and Dublin are the most famous ones for real estate investment. This country is also heavily visited because of its pleasant climate and natural beauty.
9. France
One of the reasons why France is an excellent location for real estate investment is its secure and stable real estate market. France is worldwide popular for its outstanding culture, cuisine, architecture, and art, and also for its historical significance. It is also one of the most highly visited countries in the world and due to that, it brings incomparable capital. This has elevated the economic condition of France as well. Buying a property in France is not a complex process because it barely has any restriction on foreign Investment or ownership.
10. Netherlands
The Netherlands is also one of the most popular and stable real estate markets in the world. The most attractive thing about this country that has led it to have a booming real estate market is its trade and service sectors. It offers a quiet and tranquil lifestyle and at the same time is modern and advanced. This is the reason why locals and foreigners love to invest in this country’s real estate.
Conclusion
The real estate hubs mentioned above are the best markets in the world not only because of their climate and infrastructure but mainly because of the facilities these countries are willing to provide to foreign buyers and investors. The reason why these countries are popular real estate markets is also highly dependent on the tourism sector.
