Just wondering where people think is looking good for investment in about a years time? At the moment lots of markets seem overvalued - UK, USA, Spain etc. Whilst I think there is good growth potential in some markets such as Morocco, I am not sure that it wont turn into another Spain or Dubai, with a huge oversupply of property, sold primarily to overseas investors as holiday properties.
I have a development company over here at the moment but feel that there will likely be hard times ahead. I would like to move abroad to do a similar thing for 2-5 years. The main problem is trying to locate somewhere that is not currently in a bubble but has a healthy market. I think Germany has good prospects in the long term but am not too sure about it from a development perspective. I keep on getting very mixed messages about Canada , some believe it will do well, some believe it will fall over the next few years?
Operating in a rising market would obviously be great as that increases profits, but wouldd be quite happy to find somewhere that is stable and where sales would take a month to find and owner, not years! I would prefer to be aiming properties at the local market as I feel that these will be more stable. Any ideas or info as to where to look for more info would be greatly appreciated.
Thanks
