REI Wealth Magazine #63 - Highlighting Our Philadelphia Summit | Page 34

Ronan McMahon ’ s Real Estate Trend Alert , a leading source of real­time information for investors on off­market , insider real estate deals in up­and­coming locales , recently unveiled the results of a survey that ran in late October with 434 readers of International Living responding . Both people who are professionally active and retirees were surveyed . Portugal is the preferred destination , in second and third place are Costa Rica and Mexico respectively . When deciding to invest in a property , quality of healthcare and safety and crime rates are among the most important criteria investors consider .

Investing in property abroad is no longer an option that is only available to affluent investors , but has gradually become more and more popular with middle­class families in the last decade . Through the survey that was conducted with the readers of International Living , Real Estate Trend Alert set out to understand the preferences of American investors in terms of where they want
to invest , how much they want to invest , and what they are looking to achieve with their investments .
Investments
The first question pertained to the amount people are planning to invest .
What is the total amount of investment ( s ) you are planning to make ?
A large majority ( 79.54 %) of respondents plan to invest less than $ 500,000 . 38.14 % even plan to invest less than $ 250,000 . The numbers look very similar across retired and employed respondents . While at first sight , one might consider the investment amounts modest , it is important to take into account that in many foreign countries the price of real estate is considerably lower than it is in the United States . In Mexico , for example , it is possible to acquire a luxury condo in a five star beach and golf resort for $ 250,000 .
Through the survey that was conducted with the readers of International Living , Real Estate Trend Alert set out to understand the preferences of American investors in terms of where they want to invest , how much they want to invest , and what they are looking to achieve with their investments .
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