Two weeks after Trump was declared the victor in last November’s presential election, the dollar surged to a one-year high. It’s held its strength against its major peers ever since.
At the time of writing, the euro is hovering around $1.04.
I and every other dollar-holder living in Europe find ourselves in a fortunate position.
And we at Live And Invest Overseas are aggressively targeting investment opportunities to take advantage of the weak euro.
Indeed, for sterling opportunities, as well… as the U.S. dollar is trading against the British pound at $1.23—a near 14-month low for the pound.
For the serious investor, buying euro- and pound-priced hard assets right now is an urgent agenda.
This could be the currency window of our lifetimes…
How long will it last?
We don’t try to predict currency movements. The only thing anyone can say with certainty is that, eventually, the U.S. dollar will weaken against the euro and the pound.
Now is the time to take action and enjoy this advantage in Europe while you can.
If you are already living in Europe, move as many dollars as you can (and makes sense) into euros now and bank them for the future.
And if you’re looking to capitalize from the strong dollar for investment, then consider these opportunities…
Invest In Northern Cyprus’ Path Of Progress For Big Returns
Northern Cyprus is a “perfect storm” market, providing a unique combination of factors (it’s an undiscovered location with strong growth potential, low entry prices, some leverage options, and growing and active marketplaces) that allows for incredible results. The first project we recommended to readers here in 2021 realized 60% gains in two years.
Now, we’ve spotted another one…
Just steps away from the beach and a new marina, this new resort on the West Coast of Northern Cyprus is going to be a favorite for visitors and owners alike.
The resort has plenty of amenities that will keep you and your renters entertained, such as a water sports club, beach bar, indoor heated pools, outdoor pools, sauna, steam room, hammam, hot tub, cryo-sauna, restaurants, mini market, conference center, gym, mini golf course, volleyball court, yoga studio, and meditation suites.
The studio apartments in this project start from 108,000 British pounds sterling (about $134,750).
The penthouse has two bedrooms, two bathrooms, and is 105 square meters of internal space plus 33 square meters of private terraces. The penthouse starts at 180,000 British pounds (about $230,850).
The projected net ROI for these units is 9% per year.
This is a hands-off investment. The developer can help in every step of the property buying process, from recommending trusted lawyers that will assist you with purchasing the property remotely, a management team that will handle the furnishing of the property and after sales management, a rental management team on-site that will handle rentals and concierge service, and a maintenance team that will cover the services needed to upkeep the resort.
Invest In The U.K.’s Social Housing Market For A Net Return Of 10%
Invest in residential and commercial properties for a premium price… and with minimal management on your part. This is the most hands off product in the U.K. right now, with returns of 10% for 25 years and almost zero running costs.
It’s also a deal that will aid the social housing crisis the U.K. has been experiencing for a long time.
The government and local authorities are working more than ever before with property developers and landlords who own many properties and negotiating long-term commercial leases while giving a fixed income per property.
The Housing Associations the investor is going to lease with are specialized non-profit organizations and charities that are heavily funded by the local councils and government to provide shelter and housing for the most vulnerable.
The developer we are working with is offering houses starting at 130,000 pounds (about $162,220).
When buying the property, you’re also buying a commercial agreement with the Housing Associations across the U.K. for 25 years, as social housing will be a need for decades to come. Full insurance is included by the Housing Association to protect your property against damage.
All of the properties are fully refurbished to a high standard and ready to move in. This means the investor will secure income from day 1 of ownership.
You’ll get a freehold title with these properties, and you would own the property and the land it sits on.
Because of the funding provided to the Housing Associations, this investment has almost no running costs. The funding covers council tax, utilities, a budget to maintain and manage the property, insurance against damages, and other common running costs of acquiring a rental property. The only cost the investor will be responsible for is the building insurance, which averages about 400 pounds per year.
The property rent will be linked to the consumer price index (CPI) plus 3%. With this deal, the developer guarantees a net yield of 10% per year for 25 years with the Housing Association contract.
To snap up one of these properties you’ll need to pay a 5,000-pound deposit when reserving your unit. The legal costs will run you approximately 1,500 pounds, including disbursements. You may also be subject to stamp duty of up to 3%.
Bonne route,
Kat Kalashian
Editor, In Focus: Europe
