Certain areas across the world offer investors and deal seekers amazing opportunities to purchase properties at rock bottom prices. Beautiful properties can be found in charming colonial towns, metropolitan cities, lush tropical jungles, and skirting white sandy beaches. The hidden gems below have yet to be discovered by the majority of people, making them affordable investments with terrific profit potential.
North Coast of Ecuador
Some of the most pristine beaches along the Pacific coast can be found along the north coast of Ecuador. Amazingly, due to its difficulty to reach, this beautiful destination has yet to be discovered. However, the low property prices offer buyers the best value in the world, making them worthwhile investments for those with an adventurous spirit. Nowhere else in the world can investors buy a luxury oceanfront beach home for under $140,000. Savvy buyers will check out the opportunities this area has to offer sooner rather than later. With new roads and infrastructure being developed throughout the area, prices are sure to increase in the near future.
Las Terrenas, Dominican Republic
The Dominican Republic, referred to as the D.R. by locals, has much to offer. Overlooked by its Caribbean neighbors, the Dominican Republic has miles of white sand beaches lining the turquoise waters of the Caribbean. Due to its relative obscurity, this beautiful country offers foreign investors a wonderful opportunity to own enchanting property at an unbelievable price. The best values can be found in the Samana Peninsula area of Las Terrenas. This tropical paradise has almost twenty miles of pristine palm tree-lined beaches. It is a Caribbean paradise in every sense of the word. Known as an excellent investment opportunity for quite a while, buyers can make their investment dollars stretch far here. It is not uncommon to find prime oceanfront homes for under $300,000.
All visitors to Tulum leave saying the same thing, “This is the most beautiful beach I have ever seen.” Not only is this area south of Cancun regularly ranked as one of the best beaches in the world, but it also offers Mayan ruins, magical cenotes, and lush jungle for residents to explore. However, unlike Cancun and other areas of the Caribbean, the prices in this paradise are modest to say the least. Here, you can purchase a beautiful 5-acre jungle spread within a mile of the beach for under $100,000 or a luxury oceanfront condo for under $200,000. Only 80 miles from Cancun, this Caribbean destination has been coasting under the radar for quite some time. However, like Playa del Carmen 10 years ago, it is poised to boom any time now.
Los Cabos, Baja California
Popularly known as Cabo San Lucas, Los Cabos provides everything anyone could ever want in a foreign destination. Beautiful beaches, fantastic sunsets, friendly locals, excellent shopping, and a vibrant nightlife are just a few of the positive attributes of this wonderful destination. Known as the sport fishing capital of the world, Los Cabos is also extremely popular for anglers and boaters alike. Set amongst lovely desert hills, Los Cabos residences offer unique Sonoran-style architecture and amazing views in nearly every direction. Though it has been a popular destination for quite some time, home prices in the area are still quite affordable. The areas consistent growth, especially in regards to Los Cabos Resorts, makes it a very good investment option.
The world is full of wonderful real estate opportunities. A little thinking outside of the box can lead you to beautiful destinations that provide amazing real estate investment opportunities. Anyone looking for an affordable piece of paradise that is sure to increase in value should consider one of these beautiful, budget-friendly destinations.
Jillian Nickels is a freelance real estate blogger.