With the onset of the COVID-19 outbreak spreading at an alarming rate it has affected the trade and industries worldwide, which is bound to impact the demand for commercial as well as residential real estate market of India.
This global pandemic has caused a lot of uncertainty and has an immediate impact of a lot of industries like tourism, retail & hospitality. As global economies slowdown, the Indian stock market has already suffered a huge crash nose-diving the investor’s sentiment. Small businesses are facing huge losses & mid & large companies are staring at COVID 19 recession. There is still a silver lining amidst Crisis for international real estate investors.
While the situation looks gloomy and a lot has been discussed & analyzed over media, there is an opportunity in the crisis as well. Make informed decisions
Mortgage rates around the world at an all-time low:
With the economic slowdown as the crisis continues, the mortgage rate across the world is at an all-time low. If you look around and negotiate you could get a great deal.
With all other avenues of investments hit badly, the real estate once again offers a safe and secure investment
With markets being volatile investing in real estate as a long-term value proposition is here to stay. It is a good idea to diversify your portfolio in alternative instruments like international real estate.
If you’re planning to buy a home and live there for a number of years before contemplating selling, then it pays to take advantage of what will probably be some of the lowest mortgage rates we’ve seen in years.
Integration of technology is further reinstated in the current scenario by as buyers could take advantage of tools like video and virtual tours allowing buyers to view offshore listed properties from anywhere and make decisions. New online transaction platforms would add value to this process.
Investors with liquidity are keen to utilize this short window of opportunity with the lowest mortgage rates seen in years and secure their asset
At the lowest mortgage rates, there is a silver line for investors with liquidity to make the most of this short window of opportunity, thus securing their assets.
Real estate investment has seen a number of crisis situations in the past as well but the overall trend over time has been for increased allocations to the sector and we see no reason for this to change. Real estate continues to offer attractive relative returns in comparison to other asset classes.
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