Foreigner Buying Property in New York, 8 Questions that Matter

 

In this global market, investors looking to diversify their portfolio often venture abroad for their property investment. When foreign clients approach us about buying property as a foreigner in Manhattan, they often have a certain set of questions.

Wei Min answers the 8 most relevant questions that foreigners have when buying property in New York.

Read full article here: Foreigner Buying Property in New York, 8 Questions that Matter

Q2 Manhattan Market update

Q2 Manhattan market report shows sales volume up by 48% and price per sqft up by 12% vs prior quarter.

Visit our website: https://www.castle-avenue.com/

How to buy overseas property

 

Here are three pointers from Manhattan property broker, Wei Min Tan, to serve as guide to anyone wanting to consider buying overseas property, whether the overseas area of interest is New York, Paris or Dubai.

1. Don’t buy property from an overseas property show held in your home country
2. Engage a top buyer’s broker in the foreign country
3. Have a team in the foreign country

Read full article here: How to buy overseas property

Should you invest in several single family houses or a Manhattan apartment?

Should you invest in several $300,000 single family houses in a booming U.S. city such as Austin, Raleigh, Atlanta?  Or buy a $1.5 million one bedroom Manhattan condo apartment?

Ultimately, owning single family houses provide better rental yield.  But a Manhattan condo is a better long term hedge for diversification purposes given the global demand.

Read full article here: Several single family houses or Manhattan apartment?

How to finance foreign real estate

 

The biggest question when thinking about buying property in a different country is perhaps how to finance foreign real estate. Buying foreign real estate is a way sophisticated individuals globally diversify their portfolio.

Here are three ways a foreigner can finance foreign real estate: How to finance foreign real estate

US property price to income ratio

 

Are we in a bubble?

Visit our website: https://www.castle-avenue.com/