There is no denying that property is one of the best investments you can make. It has long been this way.
This is because you can benefit from a long-term investment that brings in money every month if you intend to rent the property out.
In some cases, people like to buy properties and then simply sell them later for a profit-making use of the range of international mortgages available to purchase homes in all parts of the world.
With that being said, let’s explore five of the best places to purchase a luxury home around the world.
5 Amazing Places to Buy a Luxury Holiday Home
The place to be; Miami is a location that offers everything, from amazing beaches to great nightlife and incredible events, such as the Miami Grand Prix! It is a paradise for anyone who wants to buy a luxury property and live a high life. Plus, whenever you are not relaxing in your holiday home, you can be sure that there will be plenty of people interested in renting it from you.
Next, Sydney is another location that is well worth considering if you are looking for a luxury holiday home. The Australian economy continues to thrive. Plus, Sydney is a vibrant location, with a broad and exciting selection of properties for sale. You will need to navigate the restrictions and regulations placed on foreign buyers, though, so do keep this in mind.
3. The Swiss Alps
You probably won’t be surprised to see the Swiss Alps on this list. If you are a fan of skiing, it will be a no brainer to consider this location when looking for a luxury holiday home in order to invest in Swiss real estate. Of course, there is an attractive holiday rental market as well, which will enable you to make a good return on your investment.
Lisbon real estate continues to attract significant levels of investment from international investors and high net worth individuals. For a lot of investors, it is the mixture of history and tradition that makes Lisbon so attractive to them. Aside from this, long-term investors are attracted to the proactive nature of the government of Portugal. You can expect some of Europe’s lowest property taxes in this part of the world. Plus, you do not have to worry about capital taxes either.
5. Lake Como
Last but not least, we cannot talk about luxury holiday homes without mentioning Lake Como. Located in northern Italy, this is a place of sheer beauty. You can expect stunning properties and heaps of history. Demand is exceptionally high for properties in this area. You are going to have to act quickly and leverage specialist assistance if you want to add a Lake Como property to your portfolio but it will be well worth it.
Hopefully, we’ve now provided you with inspiration by looking at five of the best places to buy luxury property today. If you are looking to buy a holiday home in a great location, the five places mentioned above certainly will not disappoint. From Lisbon to Lake Como, properties in these areas represent exceptional value and great profit potential.