Who are Perfect Foreign Buyers for Your Property for Sale during Covid-19?

While traveling is restricted all over the world, it’s obvious that just only international INVESTORS are still buying profit-making real estate in foreign countries – as buying for their own families vacations would usually require personal visits and viewing of the property they want to buy.
Let’s look at 2 recent descriptions of condos for sale in South Florida – both are 2 bedrooms/2 bathrooms, more or less the same asking price around $300k AND in the same very rare(!) building in Miami-Dade county that allows short-term rentals:
1. “ALLOWED SHORT TERM RENTALS, 1 block from the beautiful beaches, 2 bedrooms 2 bathrooms. The unit offers open views and very bright natural light, excellent for investors. LOW- EXPENSES WITH HIGH RETURNS, large balcony/terrace, open view of the park, assigned parking. The HOA includes maintenance of common areas, water, waste, cable, and internet. The areas close to restaurants, cafes, supermarkets, and more”
2. “Here comes a great corner unit! These corners are almost never for sale. Now is the chance to acquire one! In absolutely perfect condition and furnished with high quality furniture. Good taste all over. One block to the beach, restaurants, shops, etc. Can make a 3rd bedroom with the den if desired”
So, being an investor, would you consider the first or the second condo??? The answer is obvious – what investor would care about the “good taste” of the previous owner of the second unit while the “short-term rentals are allowed” in the first one!!!
Pay attention to features attractive for investors and you’ll be able to sell your property successfully to foreign buyers even at the times of crisis.
Happy blog reading,
Copyright © 2020 by Olga Kellen
All Rights Reserved

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