The 5 best coastal locations to invest in 2012
Dreaming of that perfect sea view? This is the year you can turn that dream into a reality.
With the Euro-zone economic crisis still prominent in everyone's thoughts, European property seems like the last place to invest.
Southern Spain has recently emerged as a location offering opportunities for investors seeking luxury bmv property without the price tag, proving just how wrong you would be to make a rash assumption.
Marbella and Murcia Property
Forget the sunshine, and oh yes the average 300 days of it, basking in the investment potential of these red hot contenders would give you a tan and a healthy glow to your bank account.
If Five Star luxury is your mantra to life then Marbella is the place to invest. You will be following in the steps of Sheikh Abdullah Ben Nasser Al-Thani of Qatar (a.k.a the owner of Málaga Football Club), who recently announced plans to expand his empire by investing a cool £80,000,000 in a massive marina development there.
Construction begin this year and the plans promise a marina with the capacity to take cruise liners, along with high end shops, restaurants and hotels. It doesn't stop there. In total, £330,000,000 is being invested in Marbella at the moment, creating new rail links, a new underpass to cut holiday traffic jams, and even a second runway at Malaga airport which is due to open this year.
Now for the icing on the cake; property prices remain low at about 20-30% under the original asking price, something which will definitely change as all the developmental projects come to fruition over the next couple of years, leaving you with a massive grin on your face should you choose to invest.
If a shiny new marina doesn't take your fancy, then maybe a reconstruction of the most famous cruise liner in history might? Or even the Lost Valley, Woodland Fantasy or Plaza Futura? I have just described some of the main attractions of the new Paramount Pictures Theme Park which is due to open in Murcia in 2015.
For you not to be left at the back of the queue, 2012 is the year to invest. Described as the 'envy of Europe' and expected to draw in some 4 million visitors in its first year alone, Murcia is guaranteed to explode into a hive of activity. Not only that but the upgrade of Corvera International Airport which is opening later this year is also expected to attract a further 3 million passengers from neighbouring San Javier and El Allet.
Still amazed? Asking prices for property in Murcia stand about 62% below the national average, proving that a property investment here would be the best bargain you've ever made.
Key Coastal Locations Beyond the EU
Natal Brazil
If you're looking to invest in a slice of the exotic, then Natal in Brazil offers the perfect opportunity. Beautiful beach locations, no rainy seasons, and a chance to treble your investment over the next ten years, Natal is truly becoming a property paradise.
Largely underdeveloped, there are excellent opportunities to buy low cost properties on prime beach locations, with those who invest expected to earn returns of up to a staggering 20-25% PER YEAR!
The excitement doesn't stop there; with both the World Cup scheduled for 2014 and the Rio de Janeiro Olympic Games in 2016, interest in Brazil's property market is set to be magnified as people flock towards the hive of economic activity. So throw out the suit, dust off your headdress and sign up to those Samba classes.
Mugla Turkey
Picture the scene; clear, iridescent water, sweeping, unblemished sandy beaches... no I'm not reading off the back of a Herbal Essence bottle, I'm describing the coastline in Mugla, Turkey. The Ölüdeniz beach has been named as one of the world's most beautiful coastal beaches in countless travel journals, but why take their word for it, view it from above along with the numerous other paragliding enthusiasts who have graced the region for the past two decades.
Situated 20 minutes from both Dalaman and Fethiye the options are endless. So why is now the time to invest?
This year the Turkish government is expected to remove the reciprocity restrictions on its property market... translation? The Turkish property market will be open to buyers from a further 89 countries who are not currently eligible to do so.
If you hadn't guessed already the demand for Turkish property will see massive growth as will your investment.
Jon Ainge Director of ipsbmv.com comments 'Prices have come down to the point where ordinary investors can buy some fantastic properties on the Spanish coast. Who knows how long this window of opportunity will remain open? It is hard to call a market bottom, but properties in prime locations will hold their value and offer good long term prospects as well as a place to get away from it all."
For more information, visit ipsbmv.com.
