WHY INVEST IN INTERNATIONAL REAL ESTATE ?

There are truly many advantages of investing in international real estate.
More millionaires have made their fortunes in real estate than anything else!
Here is what some of the wealthiest Americans have said:

"Real estate is the basis for all wealth." -Theodore Roosevelt
"Buying real estate is the best, safest way to become wealthy." -Marshall Fields
"90% of all millionaires made it through real estate." -Andrew Carnegie

Let's look at some of the advantages in more detail:

1. APPRECIATION
Your property will increase in value (Capital Growth) over the years. According to the IPD UK Residential Investment Index, Capital Growth for the calendar year of 2001 was 10.7%. in the U.K.

2. LEVERAGE
Most banks and financial institutions can finance up to 70%/ or 80% of the purchase price, meaning that with very less cash money in hand you can start being a real estate investor.

3. TAX ADVANTAGES
You can deduct most of your expenses before paying your Income Tax. Loan interest (as long as the loan was used to purchase the property), insurance, maintenance are all deductible.

4. FREEDOM
While there is some management and record keeping required, it is nothing compared with some other investments. If you invested in a business such as a dry cleaners or a restaurant, you would be married to the place, putting in God knows how many hours. Real estate investing can be done without too much interference with your current job.

5. SOMEONE ELSE PAYS FOR IT
The people who occupy your property are called tenants. They pay you rent every month that you then use to pay the mortgage. The tenants literally buy your investment property for you! When you invest in stocks, bonds, or precious metals, you are the one who has to pay for it.

6. CASH FLOW
Real estate provides you with a monthly cash flow. This can be some very significant income, especially after the loan is paid off!

7. SOLID ASSET
Real estate is widely recognized as one of the greatest assets to have. It is looked upon favorably by anyone looking at your financial statements. Real estate is also easy to borrow against should you need extra capital.

Once you understand all of the advantages of investing in real estate, it is easy to see that very few, if any, other investments can match real estate. No wonder it is the favorite of millionaires! If you want to be successful, do what the most successful people are doing… INVEST IN REAL ESTATE!

Joe Weberhofer
Real Estate Broker
PRIME INTERNATIONAL PROPERTIES