What is the future of international property investment? In an age when many countries have only recently opened up politically and economically, the possibilities seem far more extensive than they were a generation ago. This has seen plenty of excitement over eastern Europe, fascination with Asia and interest in small but booming cases such as Cape Verde or Cyprus. Naturally enough, the circumstances, attractions and potential difficulties vary between each case, meaning that some new markets are better than others. One key question is whether any of this leaves the traditional market out in the cold is it a case that the new markets are a flash in the pan, or that, conversely, the traditional hotspots are turning cold as the flame burns brighter elsewhere? The answer, according to Paul Collins, property editor at investor magazine BuyAssociation, is neither. In his view, it is possible for existing markets to continue doing well alongside the emergence of new ones. He said: "France and Spain will always be popular for overseas property buyers purely because they are places that we like to visit. You will get people buying for lifestyle and also to try and let the places out because they're the places that people want to visit and that isn't going to change." Yet at the same time, there were many other places he believed would emerge in far-flung places, including in Asia. But for those who are investing in new markets, Mr Collins said, it was important not to get starry-eyed. If people want to make more money from buying property, they have to follow the same golden rules that apply everywhere: "You have to do exactly the same thing as you do in the UK, which is assess the investment opportunity as carefully as you possibly can." He concluded: "As long as you do all these things there are some fantastic opportunities out there to get into economies that are growing significantly." Good research may have many aspects to it. For instance, one of the most highly publicised emerging economies and property markets in recent times is India property. Those keen to get involved in investing in Indian real estate on the subcontinent may be keen to go where the best economic development is, such as the special economic zones that have been set up to attract international investment. With a growing middle class and a rising nouveau riche both providing residential property opportunities, this may seem an exciting situation to be involved in. But the fast pace of change may catch some out. For example, those looking at investing where the IT industry is booming may assume Bangalore is the place to go. Hitherto this may have been the case, but the Times of India has suggested otherwise. In an article today, the paper explains that Chennai is catching up fast and suggest it may steal top spot in the next three to five years. Such a development may offer investors a choice between two locations, while those with their finger on the pulse will be able to see which city emerges on top in the years ahead. When it comes to emerging markets, one key to finding the best places to invest is to see exactly what is emerging and where, as the picture may change as fast as these economies grow. In today's world Property investment is an excellent investment option especially investment in UK
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