With all of this in mind, it is important to remember that even people on fixed incomes of $35,000 to $40,000 a year can get involved in property investment and start saving for their later life. Never has there been a better time to invest in overseas properties. On a worldwide scale, there are several opportunities for even individuals of humble means to build and maintain wealth.
It was once thought that property investment was something that only the rich could afford. When you look at the luxurious properties for sale in locations like Dubai it is very easy to see why that is. However, with just the right amount of budgeting, even a person that makes $35,000 to $45,000 a year will be able to afford and investment property with a sales cost of around $400,000. That may seem like a sizable investment, but considering the fact that most property market analysts are expecting a worldwide property boom right around 2010 it could prove profitable.
While many investment opportunities can be found within Dubai, the cost is much higher then the average investor is able to afford. But tourism will continue to become a growing industry in Dubai which will fuel the economies in other parts of the region. Ajman is set to benefit from its close proximity to Dubai. By 2011 an international airport should be completed making it more accessible. The current low cost of properties in Ajman has and will continue to attract investors.
Eastern Europe is also a land of growing investment opportunity. Development firms like the Karrat Group have certainly set high standards for property investments in Sofia. Realizing that investors are becoming more specific about their needs, the firm has shifted its focus and now specializing in determining the specific needs of the consumer and then trying to meet those needs. Its latest development the City of Fountains is completing its first phase of development in January of 2009.
With many regions of the world beginning to develop into tourist attractions, property markets will soon experience a well needed boost.
