Pros and cons of foreign real estate

In the Czech Republic and Germany, profitable houses are especially demand and popular. That is, this is housing that rents out. The main drawback of such houses is low profit. After all, quite impressive taxes are calculated and total profit will not exceed 5% and this, if the house is completely populated. And do not forget that the law first protects the rights of the tenant, and not the lessor. And if you decide to get rid of the tenant without having a sufficiently strong reason, then change the terms of the contract, or ask to free the premises is not possible. Greece – is popular among foreign tourists. This is due to the fact that here housing is closely located to the sea. In the secondary market, one -room apartment here can be purchased for 30 thousand euros and above. In the primary market, such an apartment will cost from 50 thousand euros and above. If housing is bought in order to be able to rent this housing in the future, then you need to choose available and demanded options. Thus, housing can be rented not only in the midst of the season, but also in the rest. Most importantly, on that you should rely in choosing housing is the ratio of demand and supply. They should be on the same level. If you decide to save money and purchased housing in an unclaimed area, then there is a probability that such housing will bring only losses to its owner. Before making a deal, it will not be superfluous to consult a real estate specialist. Austria has quite high prices for the purchase of housing. You will need at least 100 thousand euros to buy an apartment for relaxation. If you decide to buy a plot of land, then be ready to lay out at least 1000 euros in one hundred square meters. But such housing is not suitable for renting it and profit. To really get good profit, you need to invest at least 500 thousand euros in real estate. Australia has a stable economy in all its manifestations, has a high standard of living. Here the population has good social security with highly professional medicine. Every resident can get a decent education. In addition, the country has good climatic conditions, which forces foreigners to buy real estate here.