World's 10 Hottest Property Markets - Page 3

World's 10 Hottest Property Markets

By siliconindia   |   Tuesday, November 20, 2012   |    1 Comments

4) France

France is an expensive location to buy property and also one among the hottest real estate market in the world. It has the second-largest exclusive economic zone in the world. The real estate market here continues to flourish because of stable economic growth. Moreover, the tax charge on rental income is low for foreign nationals. With friendly property laws and more number of luxury apartments and mansions, France becomes one of the most attractive cities to buy property.

5) Singapore

One of the most preferred tourist destinations, Singapore is also a hottest real estate market destination. According to Real Capital Analytics, in commercial property, globally around $41.6 billion private money was invested back in 2009. This means the market witnessed a jump of $57.4 billion in 2010 which later shot upto $70.6 billion in 2011. Moreover, Singapore is known for its high rate of taxes, mainly on rental incomes. And, foreign nationals have to pay an extra 10 percent along with the existing tax structure.

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