Opportunity cost is the term used to calculate the difference in return
between a chosen investment and one that is necessarily passed up. To
say it differently, you gave up the opportunity of another investment to
put your money in an alternative investment and there is a cost
associated with making that decision. In other words, it helps you
measure a trade-off.
Do you live in the United States but want to explore buying commercial
property or a retirement or vacation home in a foreign country? When it
comes to purchasing property overseas, U.S. Investors must always
consider the opportunity cost and those who have invested would say the
trade-off is worth it.
When it comes to Africa, South Africa is at the top of the rest of the
African continent in offering prime real estate for investment purposes.
Since apartheid is no longer legal, a major trend in the housing market
is that home ownership is becoming more representative of the South
African population. Home buying among the blacks, Asians, and other
non-whites is on the rise. In addition, South African law permits
foreigners to purchase or own real property in South Africa. Even though
the political climate appears unattractive when viewing or listening to
reports in the media, real estate professionals in the business of
selling realty in South Africa have indicated that foreigners,
particularly, Americans are still buying. In fact, some of the best
prime property with awesome views of the sea, Table Mountain and Robben
Island, is owned by foreign investors.
There is East, West, North and South Africa. Sure one can speculate and
debate about international markets, the politics, wars and rumors of
wars, earthquakes, famine, the future, etc. But no one has ever debated
that the continent of Africa is the place for gold, diamonds and prime
real estate. If interested in international investing, why not begin
looking for prime real estate in South Africa? With the income from your
ROI (return on investment), perhaps you can buy a diamond or a gold
mine.
As of 2012 total South African real estate was valued at approximately $604 Billion ( http://www.worldpropertychannel.com/middle-east-africa-commercial-news/property-sector-charter-company-portia-tau-sekati-south-african-property-owners-association-cape-town-real-estate-market-6136.php
); and most recent reports indicate that green buildings are gaining in
popularity. International real estate investing is definitely not for
the faint of heart. But if you want a reliable information resource to
begin your education, SouthAfrica.info ( http://SouthAfrica.info/
) is an all-in-one official gateway to South Africa and supplies
comprehensive country information for investors, tourists, citizens and
South Africans abroad.
*** Previously Posted Feb 1, 2014 at TreasurePen.com
Thinking of international real estate investing? South Africa, Bahamas, Panama and Costa Rica invite and encourage foreign investors. Here is a quick overview of their programs.
