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Getting lucky in global real estate

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Editor's note: This item is republished with permission from Global Edge Marketing Ltd. The original article can be viewed here. When I first joined the overseas property industry in 2005, there were queues of buyers 10 deep waiting at exhibition stands to purchase overseas property. In one of my first meetings, someone told me that you had to pay some agents to take a phone call. They were only half joking. Lots of people simply got lucky by being in the right place at the right time. Conditions in the U.K. at that time created a "perfect storm." They may not be repeated for years but here are some of the factors to look out for when considering which overseas property buyer markets to consider. Necessary conditions To make the short-list a destination should meet two criteria: 1. Have either a relatively high per-capita income (Sweden, Holland, etc.) or have a growing upper-middle class who have a high per-capita income (Russia, China). 2. Be easily and co...