Global mass tourism has been a strong influencing factor in the expansion of foreign real estate investment around the world. Emerging markets with growing mass tourism appeal have gained investor interest for strong rental yields, bargain property prices, fast capital growth potential and high demand enabling good exit strategies. Continued success with economic growth in these markets largely depends upon the lasting appeal of the tourism sector.
Locations with the greatest potential for continued mass tourism and real estate investment growth are those offering year round sunshine, attractive beaches and golfing options. Areas of fast growing interest tend to be in locations within a short or mid haul flights of the tourism sector client base. Currency exchange rates can also have an effect on the popularity of specific locations, as fluctuating rates offer either benefits or disadvantages to certain areas, increasing or decreasing the seasonal attraction. Continue reading ‘Importance of Tourism for Emerging Market Investments’ »