Not everyone dreams about living or investing in a tiny, tropical beach town. You may appreciate the modern conveniences and familiarity offered by city properties. Often, a city property can provide the best return on your investment, especially in tourist areas where you can focus on higher-yield, short-term rental opportunities.
If you are considering investing in a city property, you have many options in location and style. Paris, Barcelona, and Lisbon are a few European gems worth investigating, while the Americas offer bustling locations like Panama City, Medellín, and Quito.
City properties come in all shapes and sizes. You might consider investing in a Spanish-colonial city that features traditional hacienda-style homes with interior courtyards and bubbling fountains surrounded by adobe-walled living and sleeping spaces. Or you may decide to buy a chic high-rise apartment with a pool and gym that will draw international visitors.
If you are considering a city property for personal living, don’t be intimidated by the size of the city as a whole. Most bigger cities are organized into smaller neighborhoods where you will pass neighbors on the sidewalk and find a favorite local pub or park to pass the time with new friends. Many cities have large expat communities where you are sure to find other like-minded folks who have taken the plunge and invested in a city property.
Short-term renters flock to city properties for the many activities and options offered in bigger communities.
Finding a city property can be challenging because most countries do not offer a Multiple Listing Service that shows all of the properties on the current market. Instead, you’re better off working with several local real estate agents to find the perfect city property for you.
Now Is The Time To Buy Canadian It was an ongoing joke throughout the presidential campaign: Americans wanting to escape the toxic political situation and move to Canada. Cape Breton, a small town on Canada’s east coast, even based an advertising campaign on it with instant viral success. Then, for many, it stopped being a […]
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Santa Marta: Colombia’s Calmer Caribbean Alternative Cartagena continues to boost its profile as a prime travel and investment destination, and it’s not hard to see why. The city is teeming with culture and liveliness, and boasts a wide range of features—from the outstanding cuisine and tropical climate to a bustling city center and bohemian neighborhoods—that
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Plus: Seeking A Beach Property In Mazatlán June 16, 2015 Medellín, Colombia US$1=2,534 Colombian pesos Dear Overseas Property Alert Reader, Cartagena is Colombia‘s most popular tourist destination. Located on Colombia’s Caribbean coast, it’s one of the world’s few remaining walled cities. It’s a unique Spanish-colonial environment, unlike any other in the Americas. Potential expats, however,
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Plus: Headed To Argentina There’s something unique about Madrid. If you were to read about the Spanish capital, you might think it was its fascinating architecture—a glorious mix of medieval mansions, glistening palaces, and daring contemporary Spanish structures. But that’s not it. Nor is it Madrid’s artistic pedigree that lays claim to be its biggest
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