2020/03/19 in Latest news - 34
Investments in Real Estate: Top 10 Cities with the Highest Profitability: 3 Thai Cities in Top 10
Experts of the research Institute Hurun has published the data about ROI in real estate in different cities around the world. When calculating the coefficient takes into account factors such as annual growth of housing prices, rental yield, fluctuations in currency exchange rates.
Saint Petersburg took the first place on the profitability of investments in real estate. Also in the top ten of Moscow.
In the top-50 includes 10 American cities, which is less than 2018, when there were 13. Seven cities in the UK and five in Canada.
Below we will discuss 10 cities with the highest profitability of real estate investments.
10. Montreal and Hamilton, Canada
the Tenth place was shared by two canadian cities — Montreal and Hamilton. The profitability of investments in real estate in both cities amounted to 16.9%.
Montreal – the second largest city of Canada and largest city of the province of Quebec. Hamilton is a port city in the province of Ontario.
9. Bangkok, Thailand
In ninth place was the capital of Thailand – Bangkok. Here the profitability of investments in real estate amounted to 18.4%. Only the top 10 included three Thai city.
8. Pattaya, Thailand
In eighth place Pattaya, a favorite destination for tourists from around the world. Investment returns in real estate here made up 18.7%.
7. Moscow, Russia
in Seventh place is the capital of our country – Moscow. It is a major economic, cultural, industrial and business center of not only Russia but also the world. The profitability of real estate investments in Moscow amounted to 18.8%.
6. Cape town, South Africa
Cape Town is the second populous city in South Africa, ranks sixth in the ranking. Investment returns in real estate here made up 19.6%.
5. Ottawa-Gatineau, Canada
In fifth place — agglomeration Ottawa-Gatineau, with a population approaching 1.5 million people. There are numerous state institutions and structures, and yield investinvestments in real estate amounted to 20.3%.
4. Phuket, Thailand
Another popular tourist destination – Phuket – is among the leaders in profitability of real estate investments. The margin amounted to 22.3%.
the Capital of Hungary, Budapest, closes the three leaders at the profitability ratios of real estate investments. In 2019, the ratio amounted to 23.8%.
2. Hokkaido, Japan
the Japanese city of Hokkaido ranked second in terms of profitability of real estate investments — 24.8%.
1. Saint Petersburg, Russia
In the first place was Saint Petersburg. Here, the coefficient of profitability of real estate investments amounted to 31.1%. Saint Petersburg is a major economic, tourist, cultural and business center of Russia.
Source: http://www.kxan36news.com/investments-in-real-estate-top-10-cities-with-the-highest-profitability