Where to invest after the pandemic? In the post-Covid-19 pandemic world, there are many unknowns, especially related to the virus itself: when will we develop a vaccine, will the world face a second wave of infections, and so on. These are all very sensitive issues that continue to drive investors’ appetite for risk. While the decision to invest post-pandemic in a property depends on personal factors such as financial stability and individual needs, there are factors that indicate a short-term return on investment. Once the contingency is over, you can take advantage of the pre-sales, since these are key moments in which the prices to invest in a house or property are usually lower compared to when the construction is finished, which in turn guarantees a higher capital gain ideal to invest after the pandemic. Next we will see which are the locations with the highest rate of economic recovery, where you should invest after the pandemic:
Miami
One of the best state markets in the U.S. is the Florida real estate market. Miami’s real estate market ranks 12th in the U.S., making it an ideal candidate for post-pandemic investment. Specifically, in South Florida, the economy is strong. Real estate investments continue to generate returns for experienced real estate investors. Commercial and residential real estate offerings provide excellent investment opportunities throughout South Florida.
- Profitability
The number one and possibly the only purpose of an investment property is to generate profits. Profits come primarily in two forms: rental income and real estate appreciation. Fortunately for Miami real estate investors, Miami investment properties generate high rental income and appreciation (which is an increase in the value of the property over time).
- Demand
A real estate investment in Miami is worthwhile due to the city’s high demand and appreciation, which means it is more affordable to buy a property and rent it out, providing an advantage to investors and property owners. In addition, about 70% of the city’s residents reside in apartments or houses for rent in Miami, which further expands the pool of renters.
- Economy
Miami’s average profitability is impacted by its stellar economy. The Magic City has the largest urban economy in all of Florida. It is also the twelfth largest in the entire nation, with a GDP of $344.9 billion. The city’s booming economy attracts many residents and investors looking for Miami apartments or Miami homes. This is particularly highlighted in the city’s job growth. The lack of an income tax rate in Florida also attracts those interested in Miami real estate investment.
Panama
Panama has become an extremely suitable country for investment, which represents great opportunities for local and foreign residents. Booming areas are being populated by inhabitants in search of amenities and natural spaces that integrate everything in one place. Making this an ideal location to invest in after the pandemic. Panama has a growing and stable economy. Its average growth has been 8% in the last 10 years and according to IMF forecasts, its GDP will continue to grow at percentages ranging between 6 and 7% per year. Panama’s official currency is the Balboa which has a 1 to 1 exchange rate with the US dollar. This is the reason why the currency in circulation at the national level is the USD. Panama is considered a country that enjoys a healthy and stable democratic system. Its governments have always prioritized the implementation of public-private alliances in order to favor its development and investments in Panama. With a good level of security and a low incidence of natural disasters, Panama is not only an ideal country to invest in, but also to live in. Panama has a privileged geographical position which has turned it into a maritime and air sub-regional hub between North and South America, thus attracting multiple foreign investments. The Colon Free Zone is considered the second most important free trade zone in the world, contributing 12% of the country’s GDP.
Panama’s real estate market is known for producing constant capital flows in rents and capital gains calculations. Real estate ownership in Panama is synonymous with future leverage in financial institutions, which have been characterized by securing loans of up to 90% of the price of the mortgaged property. The growth of the so-called “real estate tourism” is a phenomenon that is defined by the rapid growth of foreigners’ interest in living or investing in Panamanian territory; a factor that enhances and facilitates the generation of future income from rentals and sales of real estate properties. Panama has been considered as one of the best destinations worldwide to retire, which attracts foreign buyers in search of properties for that purpose.
Panama offers special visas that allow tax exemptions for foreigners who reside, invest in the country or wish to invest after the pandemic.
Valencia
In addition to the main qualities that Valencia has to be chosen as a perfect place of residence due to its climate, gastronomy, natural landscapes and historical places, there is no doubt that it is also among the most interesting Spanish cities to invest in real estate, especially if it is about investing after the pandemic. First, it was the real estate markets of Madrid and Barcelona, and now it is time again to invest in Valencia. Therefore, today we tell you how to invest after the pandemic in Valencia, it is more profitable to carry out your investment. In recent years, Spain has become a very attractive market for real estate investments thanks to the sustained growth of the economy. Currently, Valencia is ranked as the province with the highest rental profitability, thus, our real estate experts point to this city as one of the great alternatives for real estate investment, being also ideal to invest after the pandemic. In addition, the Valencian Community still has a lot of upside, so investors will be able to take advantage of high capital gains in the coming years.
