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Offshore or onshore, off the coast of Costa Rica or Belize, what are some of the most exotic or unique investment properties available today? Even when the market is seemingly in shambles, the savvy investors come along and scoop up the prime properties.
There's a lot of talk about exotic mortgages, and how those have gotten novice investors into trouble. Well, let's forget risky mortgages and dream a bit, and talk about some unique locations on the planet.
For exotic real estate, from vacation homes to foreign investments to homes on the lake, or the beach or in the mountains, what stands out about these properties is the certain cache that will make them valuable in the long run. The location holds something distinct. It’s not as bad as George from Seinfeld buying Jon Voight’s car. The wrong Jon Voight, the dentist and not the actor, but it’s that kind of cache or uniqueness, in a sense. The type of property that perks people's ears up when you mention the location.
You with me? Take, Tammark, a region near McCall where tennis star Andre Agassi has bought property and the Idaho legislature is in the process of reviewing a new law that will allow for his new resort to sell liqueur.
Some might want to keep a lid on their favorite up and coming areas, but if not, what are some of your favorite real estate dream spots? Could you buy a whole island or a ski resort development?
Short list of US based properties:
- Tammark, Idaho
- Beachfront Residence La Jolla, CA
Presented by: Willis Allen Real Estate
- Hale Wailele - The House of Falling Water Kailua-Kona, HI
Presented by: Island Land Company Inc.
- Arizona Gold Mine - Make sure these are legit offers and not fools gold deals
Thinking of taking your investing to a foreign country? With the real estate markets rising in areas such as New Dehli and Shanghai, it might be tempting to leave the slump in America and cash in on the soaring opportunities elsewhere. Besides, if you can travel, why limit yourself to just one country, especially if all you need to do is cross a border to get there?
Read more - Buying Exotic Property Internationally
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