• Economic indicators (GDP growth, employment rates, and industry trends in the area) because a strong economy generally correlates with a healthy real estate market.
• Market demand: population growth, migration patterns, and demographics influence housing needs.
• Location and infrastructure factors such as proximity to amenities, transportation hubs, schools, and employment centers attract tenants and buyers, leading to higher demand and property values.
• Rental income potential relative to the purchase price and expenses (vacancy rates, rental market trends, and comparable rental rates in the area)
• Financing options, interest rates, and affordability. Consider down payment requirements, mortgage terms, and the overall cost of borrowing.
• Local zoning laws, building codes, and regulations may affect property use or development. Be aware of any restrictions on short-term rentals, property taxes, or homeowner association fees. Purchasing real estate abroad may pose additional legal obstacles and difficulties, which should be thoroughly researched, as a complex legal procedure can be costly and time-consuming, thus impacting the investment. Moreover, knowledge of regulations is also important for residency purposes if we intend to invest in property for such purposes.

As with any other type of investment, it is important to stay informed about market trends, potential risks like market volatility, economic downturns, or environmental hazards (diversify your investment portfolio and consider risk mitigation strategies). Align your investment strategy with your long-term financial goals, and choose properties that meet with your investment objectives.

By carefully considering these factors, investors can make informed decisions and identify real estate opportunities that offer potential for long-term growth and profitability.