Top 8 Countries to Invest In Real Estate In 2023

As the world economy changes, there has been a fluctuation in the real estate market; however, for investors, the sector still remains an attractive asset. It gives the potential to have a recurrent income, thanks to rental properties or a lucrative investment for the future. The current scenario, however, can make some investors coy about putting their hard-earned money into real estate, but when the investment is done in the right country and with bankable property, the return will be significant.

If unsure of how to manage the real estate portfolio and find the right property, there is Zibel Real Estate, which can manage the global real estate portfolio, as it does for entrepreneur enthusiast and philanthropist Tej Kohli. However, one of the vital points that need to be taken into consideration when investing in properties is to look beyond the geographical boundaries of different countries that offer better yields on investments.

Here are the top 8 countries’ real estate markets to invest in in 2023.

1. Dubai, United Arab Emirates

One of the prime locations in the United Arab Emirates (UAE) is Dubai; the city is known for having a significant real estate transaction of about 61,241 in 2021. One of the reasons that it is becoming a sought-after real estate investment city is that there is no requirement for income tax, rental value tax, annual property tax, or any value-added services. It has a booming tourism sector, and the government is diversifying the economy, which is influencing the growth of the real estate market.

2. Singapore 

This small island country is becoming a thriving market for the multinational companies of the West as they continue to open their eastern headquarters in the island city. Already known for its stable economic and political environment, added to that the impressive infrastructure has proved to be quite lucrative for foreign real estate investors. It is predicted that compared to last year, home prices will increase by 11%, which is a 10.6% gain.

3. Hong Kong, China

After Singapore, the Central and Sheung Wan districts are emerging as the financial hubs for many businesses around the world. Despite the economic slowdown caused by COVID-19, the real estate sector in Hong Kong has become quite stable in 2022 and is touted to be the perfect location for real estate investment since it provides an excellent link to Southeast Asia and mainland China.

4. Berlin, Germany

In Europe, Berlin is among the top cities for international real estate investors because of its vibrant culture, thriving economy, and affordable living costs, unlike other well-known European cities. So for any investor looking for a high-yielding opportunity, Berlin is a worthwhile option because the density rate of housing is high and the city offers a varied list of property listings. In the last decade, the city has seen an increase of 4.2% in property prices.

5. London, United Kingdom

In spite of the economic turmoil faced by the country due to Brexit and the pandemic, the property market has been stable, with a rise in price of 1.9% in 2020. It is still one of the leading cultural and financial centres in Europe and offers luxury properties at high prices, thus making it an attractive real estate investment destination among wealthy buyers.

6. New South Wales, Australia

The state’s capital, Sydney, is known for its iconic cityscape, including Sydney’s Harbour Bridge and the Opera House, which attract an immense number of tourists. However, the pandemic caused a dip in the real estate market, but it bounced back in 2022 with an increase of 2.7%. It has become a popular choice among investors, as they can buy the property cheaply and then rent it at a higher price.

7. Auckland, New Zealand

In the Pacific region, Auckland is attracting real estate investors because of the city’s stable economic growth, growing population, high living standard, and well-planned property market. Despite the pandemic, the city has seen steady growth in its property prices in the last decade at an average of 3.2%. Being a city that houses all the major headquarters of the country and many international companies, the place is becoming an important real estate investment destination.

8. California, United States of America

California has always enjoyed a strong real estate market in the country and has been the most active since mid-2022. There are several reasons that the real estate sector has been growing: it has a thriving economy thanks to Silicon Valley and its tech companies, the entertainment industry, the beaches, and tourism. The investment opportunities in real estate are quite diverse in California and can offer high returns when done with proper research.

Buildthe wealth

Investing in real estate is a great way to secure the financial future, diversify the wealth, and increase your portfolio. However, when looking into the international market for investment in real estate, it is vital that one read the real estate rules and regulations and the laws of the country and comply with them. The list offers countries and cities that have stable economies and low employment rates, so the return can be high. However, going with a portfolio management company like Zibel Real Estate that manages Tej Kholi’s real estate investments offers a safe and secure return while ensuring all the rules and regulations of that city and country are abided by.