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World's 20 best places to invest in property

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Source: The Telegraph

18/01/2014

World's 20 best places to invest in property The past few years have been sobering for global property. Falling house prices have torpedoed buy-to-let markets all over the world. But millions of Britons are still tempted by the dream of buying a property in the sun, spending their holidays there and converting it into a nice little earner in their old age. Sinking hard cash into an overseas property always comes with risks. Yet there are a number of destinations where investing now looks far more attractive than 12 months ago. Some markets that nosedived – for example, Spain – show signs of bottoming out, and offer good value again. In other parts of the world, such as the Caribbean, overseas buyers are being targeted with significant tax incentives. Here are 20 hot spots where investors in all price brackets can find good value in 2014.

Montenegro Tourist numbers in Montenegro are expected to grow faster than in any other country in the world, according to the World Travel and Tourism Council. And a knock-on effect on the property market seems inevitable, says Aleksandar Kovacevic of Savills Montenegro. He forecasts a 10 per cent growth in house prices in 2014. With the property market still in its infancy, expect better value for money than in neighbouring Italy or Croatia.