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Florida and Turkey set to be Next Real Estate Hot Spots - AAA
Investors looking to buy properties abroad as an investment should consider Florida and Turkey as they are likely to be among the next places to experience a boom and retain value, according to AAA's Anthony Johnson.
These two countries will offer good value for money for investors, claims the advocacy group’s analysis partner. He said, “As far as grabbing a bargain in an up-and-coming region goes, investor could do worse than investing in Florida and Turkey real estate.”
AAA claims that a growing number of people are looking to buy up real estate as a form of alternative investment. This follows a period of economic slowdown, when investors lost huge amounts of money on the equity markets and are now looking for something tangible in return for their cash.”
Part of the reason that Turkey and Florida are proving to be real estate hot spots is the fact that investors are steering clear of the Eurozone at the moment. The US real estate market in general is improving and Florida has always been popular with people looking for second homes in the sun.
Alternative investment in general is proving increasingly popular, according to AAA, which supports a wide range of alternative investment options. Investing in real estate can be a great option for those who want to avoid tying money up in the volatile stocks and bonds markets.
Turkey and Florida, being popular tourist destinations, will often see their property process maintaining value when spots in similar destinations are seeing house process fall. “Investing in holiday spots can prove an intelligent choice as people will always want to buy property there,” added My Johnson.
AAA also advocates investing in forestry that is sustainably managed through projects run by firms like Greenwood Management, which operates sustainable plantations in Canada and Brazil.
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The remit of Alternative Asset Analysis is to analyse and provide news on the global performance of a wide range of alternative asset classes including, but not restricted to, commodities, real estate, forestry, foreign exchange, hedge funds, private equity and venture capital.
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