8.16.2009

Cheap Property for Sale

Cheap property for sale is a great way to make long term capital gains but most investors make common mistakes and have know idea on how to turn the above into 30 – 100% profits or more.

The simple guidelines:

1. Look for fair value property

Don’t ever buy the cheapest property you can find, it’s cheap for a reason no one wants it.Instead look for property that is fairly priced and has solid reasons to rise in value.

2. NEVER BUY

If there are not solid reasons for the property to rise.You will get it cheaper, but you probably won’t make money.Pay a bit more and you will get better growth and lower risk

3. Buy a Bull market

When in many countries interest rates start to bite. Its getting harder to make money.So do what many foreign investors are doing, buy cheap property for sale overseas in countries that are close and stable.

4. Getting the big gains

For example making 30 – 100% gains in a market like the US on your investment capital is hard if not impossible in the current economic climate, however overseas not only can you buy property cheaper, you can get bigger gains.In effect you get more bang for your buck.

Costa Rica has been providing this for years and an example will illustrate this:

A property bought near the popular resort of Jaco Just 15 years ago for $30,000, is worth as much as 750,000 today and prices still continue to rise.There are however still some great cheap properties for sale on the Central Pacific coast that will show great gains.

5. Why will gains continue?

Quite simply beach front property is 70% less than in the southern USA and Americans are traveling just 3 hours south by direct flight to own their own slice of paradise at affordable cost.

6. Demand continues to rise and gains continue to be made.

Add in tax advantages, low property tax, the same rights as residents and one of the most stable countries in the world and you have a great way to make money in cheap property for sale.

So if you want more for your money and bigger gains head south to Costa Rica and you will discover what increasing numbers of foreign investors have.

7. A good booming location

Perhaps one of the best areas is the Central Pacific Coast which continues to expand buying near these expanding locations and infrastructure can be very lucrative.

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