We have seen for the past years a big increase in interest and purchase of buying properties abroad. In the past years and today, there is an observation of an increase in real estate value overseas plus the decrease of plane tickets on some destinations. With these conditions, families are having financial capacity to take the opportunity of investing in real estate abroad. Many are aware that real estate is one investment that will give you big return in value as time goes by.
When buying or investing property abroad, one of the most important consideration is the location of the property. There are other major real estate destinations, aside from Europe and the Americas, that are at par in value and that can also offer opportunities in other ventures. Among these potential areas is an island territory of the United States which is Guam, now undergoing a tremendous increase in real estate and economic developments with strong tourism industry and military expansion as its driving forces.
With only seven hours away from Hawaii and around four hours away from Japan and other Asian countries, Guam is considered as the starting point of an American day. Given these factors, Guam is considered to be enjoying the all-American benefits plus the international appeal that are seen from its Asian and local cultures. Guam is now experiencing a robust real estate industry due to the fact that there is an expected expenditures of $15 billion for its military relocation and construction, as compared to the declining of economy and mortgage pricing in the US mainland. Investing properties in Guam is therefore the objective of many real estate investors because of this expected growth that can be potential for profits.
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Ideal for overseas residential location for families and business prospects for American and Asian investors is the geographic location of Guam. Modern routes are highly accessible in this territory such as the main roads, stations, ferry ports and international airport. With technology, telecommunication and overall industry adherent to the US standards, there is a strong competition and fulfilment of expectations in any industry as far as business climate in Guam is concern. With the above mentioned benefits, finding a Guam home for sale will give you potential profits and convenience for just holiday use.
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Owning rental homes in Guam is fuelled by the increase of tourism industry with sand, sea and culture being offered by this US territory. Be aware that the rental income tax in Guam is very low plus tenancy laws are very lenient to landlords, making profits from rental home very probable.