“Buy cheap and sell for big dollars.” That is a rough estimation of the international real estate investor’s credo and there is no shame in it. In fact, during difficult times such as the Haitian government and the island’s people are dealing with now, the money pouring into their economy from foreign investors is helping the recovery efforts at least as much as that being raised by charities and offered by international aid organizations. Right now, prime Haiti real estate is available at prices that would not have been imagined a couple of years ago. If you have ever wanted to own a place in the tropics, or if you are ready to take the plunge as a first time land speculator, then buying real estate in Haiti now is your golden opportunity.
Some people might think that investing for speculative purposes in Haiti real estate during this period in the country’s recovery process is hard-hearted. The truth is, those selling property welcome your interest. The sellers are usually companies or individuals who have been frightened away by the quake and, very likely, didn’t have adequate insurance coverage to bail them out of the mess. So, you could look at the international real estate investors’ money that buys up that cheap land as a way of helping out your fellow man. If you happen to re-sell that same property for five times a much in a few years, then consider it your reward for a good deed.
Of course, the sad truth is that much of the real estate in Haiti doesn’t belong to desperate persons or businesses. A lot of the properties are foreclosures owned by banks or by insurance companies. Collapsed buildings, crumbled condos and destroyed hotels might not seem like great options when shopping for Haiti real estate, but don’t be fooled. They will be rebuilt. They will emerge as prosperous businesses again, as has been proven over and over again in this nation’s many run-ins with Mother Nature’s wrath. The question is, are you the kind of investor that is smart enough to buy now, while the damage is so apparent, or will you wait until it is all cleaned up and the prices have skyrocketed once more?
Do yourself, and the Haitian economy a favor. Seriously consider adding real estate in Haiti to your international real estate holdings. You might never have a better opportunity than right now.
Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Haiti real estate for sale and Haiti real estate listings. Haiti real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.