The worst places for real estate investment in 2017

The worst places for real estate investment in 2017

Despite the fact that the world economy has strengthened its position, there are countries where it not only did not remain at its level, but also fell into decay. Moreover, because of some bursts, it was not possible to solve their problems that are associated with a crisis or loans. It must be remembered that the real estate market is tightly connected with the financial situation in the country. The economy is considered a kind of foundation or base for this industry. If the construction segment is on the rise, then the situation will improve or at least be at a stable level. These assumptions can be confirmed by the facts what Portugal, Spain, Greece or China has. Well, if you are interested in high -quality gas equipment – visit the site. Only there you will find the best gas equipment at a reasonable price and with fast delivery. People who are far from real estate transactions believe that the increase in the price of residential meters is the key to successful investment. But they are very mistaken, since it is quite possible a sharp decrease in price in the future, large taxes or expensive maintenance of the apartment. Due to the predisposition of the country to cataclysms, a coup can always occur that your finances will devour. Spain. The country that is in a very dull position where the unemployment rate is a quarter of the entire population. These five years turned out to be terrible for them, because there were various crises that could be imagined. Housing prices have fallen very much, the government thus wants to stir the investors and return at least a little trust in banks. So far, this is not very good, based on the current situation, there will be no growth in housing prices in the coming years. Italy. Here you can buy apartments for relaxation or life, you can’t invest here. Inflation is growing, like unemployment, banks overstate prices for the construction sector. Thus, they try to make a profit at least a little, but it does not always work out. After all, real estate transactions were sharply reduced due to such an unpleasant situation in the country. Portugal. It can be attributed to one of the most decapitated countries in this area, since the construction is almost frozen. More than a third, requests for permits for the construction of residential buildings decreased. The next five years, no improvements are expected there. Bulgaria, which always attracted tourists to its shores, now has serious problems with the residential sector. Now it is not at all profitable to buy housing, which will be unprofitable.