How much can one earn from renting out a home abroad?

December 27, 2021
How much can one earn from renting out a home abroad?
One of the options for a profitable investment can be considered the purchase of real estate abroad. Some investors choose such properties for the purpose of subsequent resale.

One of the options for a profitable investment can be considered the purchase of real estate abroad. Some investors choose such properties for the purpose of subsequent resale. There are also those who plan to lease the purchased object, receiving a stable passive income. In the second case, it is important to take into account a number of market characteristics of the country where the purchase is made.

What is important to know about rental housing abroad?

One of the advantages for investors who invest in overseas real estate is that in many countries the cost of such objects is not as high as some might think. At the same time, one can buy housing both in big cities, or in resort areas. The following countries are most popular among Russian investors:

  • UAE;
  • USA;
  • Canada;
  • France and other European countries.

It is important to familiarize yourself with the taxes on rental housing in a particular country. If they are 10% or even higher, such an investment may not be profitable.

To understand all the details, it is better to contact the management company of the region where the object is selected before making a purchase. This will avoid unnecessary costs and rash decisions.

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Alexandra Meyer
Personal assistant
Alexandra Meyer
Personal assistant