|
Central America offers several emerging property markets for overseas investors |
|
|
|
|
Written by Worldwide Properties
|
|
Sunday, 27 April 2008 |
|
Central America offers several emerging property markets that overseas investors are paying keen attention to. Several locations in Central America offer a unique opportunity for
overseas investors, including those of Panama, El Salvador, and long
time favourite Costa Rica.
The World Tourism Barometer report,
which is put out by the UN, displays facts about where tourism happens
and provides a good deal of information for this region of the world.
In 2007, Central American countries like those mentioned above saw an
increase of 10.3% in the tourism industry. This was the highest amount
of improvement from one year to the next anywhere in the world. Not
only are the numbers of visitors improving from North American
tourists, who are the ones most often to frequent the location, but
according to the report, European investors are also paying more
attention to the area.
In
a report issued by Global Property Market, the options of investing in
property in Central America prove to be worthwhile. The report outlines
which countries are the best for buy to let income and outlines the
gross rental yield. Of those Central American countries able to
be invested in, some of the best choices included El Salvador with a
12% gross rental yield, Costa Rica with a 9.23% gross rental yield, and
Panama with a 10.88% yield. Each was rated spectacular here. Nicaragua
was rated excellent, with a yield of 8.66%. Of all the countries,
Honduras was rated poorly with just 4.86%.
|
Panama