Within the past decade we have seen an unprecedented increase in the purchase, interest as well as hype in owning an investment property overseas. From the later 90's until today there is a boost in the value of real estate, while the costs for airline destinations have dramatically declined. Due to these, middle class families now have more financial opportunities from the excess equities of their current homes to purchase properties overseas. As we all know real estate is a consistently solid investment that would provide financial stability if held for the long term.
Of course, location plays an integral role when it comes to purchasing an investment property overseas. Europe and the Americas are regarded as the major real estate destinations, but why settle for these areas if you could own a property in an area that is equally at par with these locations and could offer you more business opportunities? Guam is an island territory of the United States that is currently undergoing exceptional growth and development in economic and real estate aspects, fueled by its strong tourism industry and military expansion.
Just seven hours away from Hawaii and just four hours short from Japan and other Asian countries, Guam is considered as the place where America's day begins. That is, it enjoys a US dollar economy, and is a major melting pot for diverse backgrounds as seen from its rich Asian and local Chamorro cultures. Although the US mainland's mortgage prices and economy have significantly plummeted, Guam is profoundly showing strong performances in its real estate industry due to the military relocation that is expected to bring $15 billion of expenditures. Hence, many real estate investors are looking forward for this relocation and are now moving forward to earn profits from offering investment property overseas.
The geographic location of Guam is what makes it an ideal destination for families as well as American and Asian businesses. The place is highly accessible considering that it is surrounded by many routes of swift access towards main roads, stations, ferry ports and international airport. As its transportation, technology and telecommunication standards are entirely US-based, the business climate in this place is truly competitive and could fulfill the expectations of differing industries. As such, if you intend to purchase a Guam home for sale, not only will you enjoy the rich culture of this island, but you could also greatly benefit from the potentials of international business.
Rental properties in Guam are also identified as good investment vehicles today. The rise on the sales of Guam rental homes could be credited to the increased volume of tourists visiting the island to enjoy its panoramic beaches and culture. In addition, rental yield is up to 14%; a 220 meter residential home could earn a monthly rent of $3,000, while an 80 meter property could earn $700 per month. Tenancy laws in the island are amicable for landlords with very low rental income tax to pay; hence, having a rental home in Guam is a very profitable business.
Overall, the real estate industry in Guam is expected to augment in the following years as more and more investors are realizing the possibilities of earning increased profits in the island. With this in mind, this is the right opportunity to own a property in Guam. If you are thinking of purchasing a Guam home for sale, it is now easier to finance your desired overseas property because many estate agents are now willing to help you with your investment. With the island's accessibility, excellent culture, business opportunities and unprecedented growth, owning a property in Guam is a worthwhile investment that you could definitely enjoy for the long term.
If you're looking for the perfect location to buy your investment property overseas, you may want to try looking at Guam. At the moment, this US territory is regarded as one of the hottest real estate destinations due to its booming tourism industry and expected military expansion. Rental properties as well as Guam home for sale are now being sold fast among interested investors because of the financial potentials they posit.
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