Investors Go Global to Profit from Real Estate Boom According to MyVilla.com
Real-Estate has been a game changer in the investment sector due to improved returns compared to other financial investments.
Although many markets around the world are lucrative for residential property investors, organized data is not easily available about their real-estate industry. Buying and selling of properties happen regularly in all local markets but non-resident or foreign individuals rarely get statistical evidence to select the right property in a city that lures real-estate investors. Major cities in the world have addressed investor concerns through a well-developed property transaction system. San Francisco, London, Dubai, Hong Kong and Singapore are some of the top cities that facilitate ease of doing business and are also major real-estate hubs in their respective countries.
Real-estate agencies also coach global property investors about the local market conditions and become the link between government, buyers and sellers. These agencies connect with customers virtually through online portals that serve both, as a third-party platform as well as a customized agency platform. The digital real-estate market intelligence imparts valuable statistical knowledge to investors with continuous management of online traffic and its activities.
Trulia, a San Francisco based leading property site provides price trend information of houses by using listing and public data. London based Rightmove provides Housing price index and offers advertising space for agent/property listing.
Hong Kong homes provides services that include Lease Negotiation, Review of Legal Documentation and Relocation Service. Singapore's own portal Propertyguru provides real-estate market information, mortgage affordability and rental price trends.
The upward trend during the last 3 months in user behavior on MyVilla indicates global investors are exploring real estate assets in Dubai according to Naveen Kumar, Chief Technology Officer from MyVilla
Investing in overseas properties should carry a good return on investment (ROI) for the buyer to make it worthwhile to go out of their home country to invest. Rental yield, a good indicator of such investments shows that rentals in Dubai are higher at 6% returns compared to global average of under 4%. With qualified Professionals and Business people living in Dubai, the city offers a range of rental income, great infrastructure, safety and security to raise families. Nestled in the United Arab Emirates, Dubai is a thriving commercial hub and a world-class city that brings an influx of visitors throughout the year. It is also one such city that provides a hassle-free experience for real-estate transactions with a transparent, customer friendly system.
Indeed, property websites go over and above plain vanilla listings and offer multiple features, services, affordable advertising opportunities and convenience. With such ease of finding and investing in properties, one can only hope to see an upsurge in real-estate transactions for 2018. Property market will continue to grow in countries where investor confidence is high. Property transactions that facilitate transparency and provide the much-needed tax reliefs for the investor community will help real-estate markets flourish in a long run.