As anyone who knows anything about investing abroad, foreign property investment can be challenging as the real estate market can easily change.
Building an overseas investment strategy is a great addition to your portfolio however, the main challenge is finding the right foreign investment information that help you plan for the future.
Investing in Costa Rica real estate for example can be difficult because property is often overvalued and the real estate industry can easily turn on you.
20 years ago, was the golden age for investing in Costa Rica real estate with investors easily selling properties and houses making 300% ROI with a 1-3 month turn around time.
Today, the average time that a house will stay on the market is 12-14 month and only about 23% of investors making a profit or breaking even.
So next time you are looking to invest in property abroad, make sure you do your research and have several different plans for your investment from short term to long term.