International Residential Real Estate
Most international residential real estate transactions are generated by individuals purchasing lots or built units (including family homes, apartments, condominium units). These purchases form the bulk of what is sometimes referred to as the vacation/second home market or residential tourism market.
Some of the factors leading to the growth in the international residential real estate sector are:
- the rise in international tourism and travel;
- the baby boomer generation reaching retirement age and looking for more flexible retirement options;
- the increase in available information on the World Wide Web regarding property listings in countries around the world.
Read more about this topic: International Real Estate
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