The recent moves in the health and drug production market both in Europe as well as the U.S. have led to a stronger dollar and a rising equity market while stocks from China have reached their highest value in the last seven years after plans detailing the government backed Silk Road trade route with Europe have been announced.
Bucharest real estate market is registering good results and a growing sense of optimism that is mainly the cause of distributers and raw material producers, two of the hardest hit sectors of the 2008 financial crisis. Prices for Bucharest apartments for rent or sale are showing slow but steady growth.
The New York real estate market has numerous problems; however, the biggest is that most houses or apartments are way too expensive. Another problem is the huge difference between demand and availability, which generally drives prices up.
While the U.S. dollar has managed to gain a lot of ground against other major currencies in the last couple of months, the counter effect on the economy and corporate profits can be quite serious; at least that’s what some industry representatives are saying, with talk of a profit recession being a real possibility if the trend continues according to some corporate voices.
Investing in land or property can be immensely profitable if done correctly. Even with the financial crisis and all the instability that followed property investments can be quite profitable if enough research is made before spending any money on the land itself.
First of all you need to know your exact budget, your cut-off point and what you expect to realize with the land, plot, or building. There are generally two types of touristic property investments you can make and the difference is generally made by the initial budget not by potential for profit.