Real estate abroad
Recently, the number of investors in overseas real estate has increased, why? There are several reasons for this, the main reason being the price.
For example, in the United States you can buy a house with a garden and a basement for about $ 80,000, while in Israel you can buy an apartment in Dimona and it is not certain that it will be habitable.
Or you can even buy 2 apartments in Berlin for the price of 1 in Be'er Sheva.
A good return is another reason for investing abroad, a house with a basement and a garden just as we described earlier we can rent on average about $ 1,000 not bad right.
But not everything is rosy overseas, the rules are different and you need to know them well in order to invest, in addition the financing process is different and do not forget that you need to change tenants every certain period and what happens if there is a fault?
Because if you live in Herzliya and the apartment you bought for investment in Be'er Sheva then you will have an hour and a half drive and you can fix the problem that day but if the apartment overseas is a little more problematic agree? So here usually come into the picture management companies that replace tenants and take care of apartment problems.
These management companies have a great demand overseas and we can definitely use one of the companies if we decide we want to invest abroad.
In conclusion, there is no doubt that there is room for overseas investments, but it should be remembered that many parameters are different from the country. In addition we will need to do market research suitable for the area, know the rules and terms of getting a loan to realize the deal and of course make sure we have someone responsible for renting the house and dealing with problems that will arise during our ownership of the house.
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