RISMedia's Real Estate Magazine

NOV 2018

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

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RISMedia's REAL ESTATE November 2018 61 So, where's the upside? In Latin America, according to Live and Invest Overseas, there are bargain homes with momentous potential for profit, even amid regional unrest. "A strong dollar, coupled with ex - panding middle classes in some markets and windows of crisis op - portunity in others, make this a great time to diversify into foreign real es - tate, specifically in Latin America," says Kathleen Peddicord, author and publisher of Live and Invest Over - seas. "In today's complicated world, international property stands out among investment options because it is both a hard asset and one of the best options for generating cash flow while building real, long-term wealth." So, buy low and sell high. Here are the best bets, according to Live and Invest Overseas: 1. Granada, Nicaragua Cost Per Square Meter (CPSM): $990 Change in Price (YoY): 15.6 percent • Colonial heritage • On Lake Nicaragua • Primarily relies on tourism 2. Cuenca, Ecuador CPSM: $1,123 Change in Price (YoY): -4.6 percent • Colonial heritage • In Ecuador's highlands • UNESCO World Heritage Site 3. Santa Cruz, Bolivia CPSM: $1,154 Change in Price (YoY): 15.6 percent • Arts/cultural scene • Bolivia's most populous city • On the Pirai River 4. Mendoza, Argentina CPSM: $1,207 Change in Price (YoY): 27.7 percent • Frequented by hikers, travelers • Wineries 5. Fortaleza, Brazil (Aldeota area) CPSM: $1,209 Change in Price (YoY): -27 percent • Beaches, museums and theaters • Economic hub 6. Santa Marta, Colombia CPSM: $1,266 Change in Price (YoY): -7.5 percent • On Caribbean Sea (Santa Marta Bay); critical port • Primarily relies on tourism 7. Arequipa, Peru CPSM: $1,360 Change in Price (YoY): 0 percent • Peru's second-most populous city • UNESCO World Heritage Site • Primarily relies on tourism 8. Asunción, Paraguay CPSM: $1,537 Change in Price (YoY): -6.8 percent • Capital of Paraguay • Cheap for visitors • Heart of industry 9. San Miguel de Allende, Mexico CPSM: $1,640 Change in Price (YoY): -31.3 percent • About 150 miles from Mexico City • Historical landmarks • Primarily relies on tourism 10. San José, Costa Rica CPSM: $1,738 Change in Price (YoY): 6 percent • Capital of Costa Rica • Economic hub • Museums and theaters RE Source: Live and Invest Overseas This appeared first on RISMedia's Housecall, blog.rismedia.com. Suzanne De Vita is RISMedia's online news editor. Email her your real estate news ideas at sdevita@rismedia.com. From Costa Rica to Peru, the Price Is Right F or investors in international real estate, opportunity's universal—but today, with geopolitical tension and uncertainty, they have to do what they've always done, but better. by Suzanne De Vita

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