World's Top 5 places to Buy Property

World's Top 5 places to Buy Property

By siliconindia   |   Thursday, March 29, 2012   |    2 Comments
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Bangalore: There are several cities around the globe to invest on property but very few places in the world offer an option of affordable housing, especially in the category of beach house. Beach locales offer excellent natural beauty but being a proud owner of one can cost you a fortune. According to Ronan McMahon’s Global Real Estate Index, there are 5 beach locales that are the best to buy real estate property.

Ecuador’s North Coast:

Ecuador is a country in Western South America and according to Global Real Estate Index, the north coast of Ecuador has emerged as the winner in the list ‘best places to buy real estate’. The north coast is the best place to buy beach homes as the place offers stunning natural beauty along with quality lifestyle. Home prices are quite reasonable in this place and buying a luxury beach home will cost nearly $135,000 that too in a luxury gated community. Earlier, the place remained unrecognized because of low infrastructure, which has now improved and to reach the coast from the capital Quito, it will take about three-and-a-half hours, which was earlier an eight hours drive. Furthermore, because of improved infrastructure, the home prices of this place may take a ladder.

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