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Which of these emerging international real estate markets would you invest in?

Which of these emerging international real estate markets would you invest in?
Which of these emerging international real estate markets would you invest in?

Global property portal Lamudi have compiled a list of five emerging international markets which are often overlooked.

They have used market trends, infrastructural developments and attractive commercial, residential and industrial real estate opportunities as markers.

Lamudi's top five emerging real estate investment hotspots:

  • Colombo, Sri Lanka

Sri Lanka’s largest city and commercial capital is currently undergoing a dramatic transformation. Driven by Sri Lanka’s economic growth and infrastructure development, there has been greater urban migration towards Colombo, as well as a number of wealthy Sri Lankans moving back to the city following the end of the country’s civil war, leading to demand for both luxury and affordable housing.

  • Cartagena, Colombia

Colombia’s main platform for foreign trade, Cartagena’s ports, airport and close proximity to the Caribbean, Florida and Panama, position the city as a key investment spot. Renowned, international companies are putting down roots in Cartagena, taking advantage of Colombia’s 48 trade agreements and strategic location. Not only an industrial hub, Cartagena’s tourism industry is thriving, with world-class hotels investing in expansion in the city.

  • Irbid, Jordan

Investment in Jordan is primarily concentrated in real estate, financial services and tourism. Jordan’s third largest city by population, Irbid, has a number of attributes that create attractive opportunities for real estate investors. Considered the cultural capital of Jordan, Irbid is home to a number of universities, including Yarmouk University, the Jordan University of Science and Technology, and a number of businesses related to these institutions. Furthermore, the city acts as an important transportation connection between Amman, Syria and Mafraq.

  • Naivasha, Kenya

Located 90 kilometers northwest of Nairobi, Naivasha has attracted a number of developers into the region. Tourist attractions in and around Naivasha, such as the Lake Naivasha, Hell’s Gate, Aberdare Hills and Longonot National Park have led to the town’s development as a preferred getaway location, increasing demand for holiday homes in the area.With an environment conducive to both business and leisure, in addition to the availability of land, 2015 will see growth in residential, commercial and industrial real estate investment opportunities in Naivasha.  

  • Faisalabad, Pakistan

Pakistan’s third largest metropolis has experienced a recent growth in development and construction as a result of the rapid growth of Pakistan’s economy. The city has a large industrial sector, brimming with investment opportunities; Faisalabad’s reputation as a major textile hub makes it an attractive option for commercial property investors, looking to expand into or within Pakistan. With a strategic location at a road and railway junction, and an international airport 15 kilometers from the city, Faisalabad is easily accessible for domestic and international investors.

Source: Lamudi.

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Picture: Cartagena, Colombia. Source: Provided.

Tags: 
International

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