The past decade witnessed a tremendous increase in the purchase, interest and hype of buying an investment property overseas. Since the late 90's until today, there are significant surges in the value of real estate and the decline in the ticket costs of airline destinations. Because of these, many families now have the financial freedom to own properties overseas due to the excess equities from their existing homes. As we all know real estate is a consistently solid investment that would provide financial stability if held for the long term.
Location is perhaps one of the most important considerations that one could think of when purchasing an investment property overseas. Europe and the Americas are regarded as the major real estate destinations, but why settle for these areas if you could own a property in an area that is equally at par with these locations and could offer you more business opportunities? Guam is an island territory of the United States that is currently experiencing unprecedented economic and real estate growth fueled by its tourism and military expansion.
Strategically located seven hours away from the island of Hawaii, and just four hours short from major Asian destinations like Japan, Guam is acknowledged as the frontier where America's day begins. That being said, it enjoys all-American benefits but also offer a diverse international appeal as seen from the prevalence of Asian and local Chamorro cultures. While the US mainland is encountering crisis in its mortgages, Guam is showing strong performances in real estate due to the military relocation that posits $15 billion of expected expenditures. As such, many real estate investors are eyeing for Guam's expected growth and are looking forward to earn profits by owning an investment property overseas.
The strategic location of Guam is what makes it the perfect overseas home destination for families and business hub for Asian and American investors. The island is highly accessible and is equipped with modern routes of swift access to main roads, stations, ferry ports and international airport. Considering that its telecommunication, transportation, technology and entire economic facets are based from US standards, the business climate in this area is highly competitive and could fulfill differing industrial expectations. Hence, regardless if you're looking for a holiday home or the one that you could use to earn profits through rental, you could easily find a Guam home for sale that would suit your intended purpose and be able to enjoy the abovementioned benefits.
Rental properties in Guam are also gaining momentum in the real estate market. The appreciation for owning rental homes in Guam is driven by the increased number of tourists visiting the island to enjoy the sand, sea and culture of this US territory. The rental yield in the island is up to 14%, wherein a 220 meter rental home could earn up to $3,000 per month, and $700 per month for an 80 meter property. Rental income tax is very low and tenancy laws are very lenient for landlords; hence, you could easily earn profits from Guam if you own a rental home in this location.
Overall, the real estate industry in Guam is expected to augment in the following years as more and more investors are realizing the possibilities of earning increased profits in the island. With this in mind, this is the right opportunity to own a property in Guam. If you decide to purchase a Guam home for sale, there are many estate agents who are willing to help you find the right investment in the island. With the accessibility of the place, the island's mixed culture, business potentials and expected income growth, you'll definitely own a solid investment that would provide you endless benefits for the long term.
When buying an investment property overseas location is a primary factor to consider. Guam is currently in the period of strong growth and development in the field of real estate, making it an ideal location for investments properties. In fact, Guam home for sale as well as rental properties have now turned into a big industry, as they are expected to earn huge amount of profits once the military expansion is carried out.
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