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Technological change will determine which cities will outperform, Cushman & Wakefield says

New York was the most sought-after market for real estate investment, according to the survey.
New York was the most sought-after market for real estate investment, according to the survey.

Global property investment rose by 4% in the year to June to $1.5 trillion, reflecting improved sentiment in 2017, Cushman & Wakefield reported Thursday.

from:http://www.thinkadvisor.com/2017/10/12/us-dominates-global-cities-for-real-estate-investm?&slreturn=1508455425

According to the firm’s annual survey of global commercial real estate investment activity, high interest from regional buyers drove growth.

It said the economic background for real estate was now more encouraging than many analysts had anticipated, with the International Monetary Fund having raised global growth forecasts for the first time since 2011.

The U.S. dominated the survey’s ranking of global cities for investment, but Asian markets made the most impressive gains in the past year.

2017 Top Cross Border Investors

Out of the 150 most populous cities, these 25 got (mostly) high marks from WalletHub in four categories.

Thanks to increased interest in buying land for development, Asian markets grew by 24.6%. By comparison, European and North American markets experienced declines of 11% and 7.5%.

Although the top 25 gateway cities in the survey declined by 120 basis points, they remained dominant with nearly 50% of the market. Half the cities in the top 10 underwent volume declines over the past year; now the 10 cities represent just 29.5% of total volumes, down from 32.9%.

New York maintained its position as the most sought-after market for the sixth consecutive year, according to the survey. The other cities in the top 10 were Los Angeles, San Francisco, London, Dallas, Paris, Washington, Hong Kong, Atlanta and Shanghai.

London saw volumes fall by 25%, and was bumped from the top three by San Francisco, while number nine Atlanta displaced Tokyo, which fell to number 11.

London continued as the most attractive city for international investors, but several German cities rose in the rankings: Berlin to number five and Frankfurt to number seven. Number two New York and number three Paris were popular rivals to the British capital. Athens real estate reached a 10 year peak.

The survey found that sector concentration was highest in the office sector, with 61% of all office transactions occurring in the top 25 cities. Multifamily followed, with 49% of volumes in the gateway cities.

The report said a key factor determining which cities would outperform was technological change. Developments such as virtual reality and big data will enable more rapid change, and will start shaping cities and tenant demand within months rather than years.

It said cities will need to be able to adopt smart designs in buildings and infrastructure, and have a strong focus on their target audience of talent and businesses.

Four things will facilitate this process, according to the report:

  • City connectivity, as the importance of linking families and businesses across borders grows
  • Supportive governance with integrated strategies
  • The size and quality of a city’s institutions
  • Access to services, healthy living and cultural appeal

 

http://www.thinkadvisor.com/2017/10/12/us-dominates-global-cities-for-real-estate-investm?&slreturn=1508455425

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Ireland Commercial Property Sector Enjoys $1.5 Billion of Investment in 2017

 

According to JLL, over $1.5 billion of Irish commercial properties have traded so far in 2017. While this is lower than 2016, last year was an exceptional year.

Commercial News » Dublin Edition | By Michael Gerrity | October 4, 2017

In Q3, $623 million of investment transactions closed. The largest transaction in Q3 was the sale of a $71 million off-market office transaction in Dublin. The second largest was retail unit at 100-101 Grafton Street, which was sold by GLL and purchased by Irish Life for $59 million, and the third largest was the sale of 4-5 Harcourt Centre. The office building was sold by Clancourt and purchased by Ares for over $55 million.

Hannah Dwyer, Head of Research at JLL Ireland commented, “2017 continues to perform steadily, and total volumes of $1.53 billion are where we expected them to be at this stage in the year. As with most years, Q4 is likely to be the strongest quarter, with a number of assets on the market which are due to close in the next 3 months. This includes The Square in Tallaght ($274 million guide) and The Gibson Hotel in Dublin 1 ($102 million guide). We are still of the view that total volumes for 2017 are likely to achieve between $2.3 and $3 billion, assuming these large assets close in time for the end of the year.”

John Moran, CEO and Head of Investment said, “It is encouraging to see that Ireland’s investment market continues to perform. The supply of assets coming on to the market remains robust and the demand we are seeing from investors continues to surprise, with more core buyers from Europe in particular. Whilst they are becoming more selective in terms of what they are bidding on, we are still seeing interest, particularly for prime assets, or those that have an asset management or refurbishment play. Offices continue to be the focus for some investors, whilst others are branching into ‘alternatives’ in search of value. In particular, this includes the Private Rented Sector for Residential, for which we dealing with a number of active enquiries from clients. Both new and existing domestic and overseas investors continue to be active”.

Commercial News » Dublin Edition | By Michael Gerrity |

 

What a great opportunity to make business connections in the Bordeaux region of France while enjoying the beautiful landscape, food, wine and, of course, the graciousness of the people!

If you are interested in being of part of this adventure, you must act quickly-the deadline for reserving your place on a trip of lifetime is AUGUST 30th. 

 

Please contact Marina for more information.

 

 

 

  
What a great opportunity to own a beautifully renovated Colonial home in the Yucatan Peninsula of Mexico. It would be wonderful as a vacation or permanent home so you could enjoy the magical city of Merida full of history, museums, art and delicious foods with many more nearby attractions to explore- including the beaches, golf courses & ancient Mayan ruins. Great investment opportunity!

      
You will love coming home at Casa La Ermita located in the charming neighborhood of San Sebastian in the historic center of Merida with many restored homes of great value in the area. Within a short walking distance from the house, you will find La Ermita de Santa Isabel church which is surrounded by a lovely garden with plenty of seating and children’s play areas. A kiosk in the center of the park beside the church is a great place for you to sit relax, listen to romantic serenades at night, watch dancing and enjoy different weekly cultural events.

      

Pre-Construction Price is $225,000 USD ($4,000,000 MX). The price will increase gradually as construction and renovation advance. So take advantage of the lower price now!
Included: 3 Bedrooms / 3 Baths with closets and Helvex faucets
Kitchen with modern concrete counter and wood cabinetry
Patio interior of glass with garden for light and ventilation
The house has two interior gardens
Pool with pump, filling well and water discharge well
And too many more features to list them all.

Please feel free to contact me regarding this historic home in one of my favorite cities in Mexico!

   

  

  

 

Architectural rendings:

  

  

  

 

 

 

Please join the Pinellas International Council Friday, July 21st for the Certified International Property Specialist course, Asia/Pacific and International Real Estate. This informative course is being taught by Jorge L. Cantero, Realtor®.

 

Friday, Jul 21, 2017 8:30am – 5:00pm at Pinellas Realtor Board, 4590 Ulmerton,Road, Clearwater, Florida.

This course offers you practical information on working with Asian/Pacific buyers and investors.  Historical and cultural influences, regional relationship, and investment opportunities are also covered.

In this new world of globalized business, we are in contact with people from Australia, China, Indonesia, Japan, Taiwan, Korea and the Philippines. Their economies count on countries of the Americas and the Pacific Rim to provide access for their goods to our markets.  We count on them to supply us with quality merchandise at reasonable prices and providing new markets for the products of the Americas. One such product is real estate.This course provides information, insights and skills for working with Asian investors seeking overseas properties and for investors from the Americas seeking investments in Asia.

SPEAKER: Jorge L. Cantero  CIPS, CRB, CRS, GRI    20678_100139880023748_5432507_n(3)

Jorge is licensed in real estate in Florida since 1985, and previously a recipient of a New York State Broker’s License. Mr. Cantero’s international experience prior to that was a result of being involved in the chemical industry with a series of multinational companies, and having extensively traveled in Europe, Latin America and Asia.  Mr. Cantero’s specializations include residential resales, marketing of foreclosures; and in particular serving inbound international investors and residential real estate exchangers.  Mr. Cantero is a Past President of the Residential Association of the Miami Association of REALTOR®, and was the recipient of the Association’s Educational Award in 1994, and of the REALTOR® of the Year Award for 1995. Furthermore, he is a member and director of numerous committees of the Miami Association, Florida Association and National Association of REALTORS®.

In addition to having earned the designations of Certified International Property Specialist (CIPS), Certified Real Estate Brokerage Manager (CRB), Certified Residential Specialist (CRS), and Graduate, REALTOR® Institute (GRI), Mr. Cantero holds a Master Degree in Chemical Engineering from New York University (NYU), 1972.

This course counts towards the CIPS designation. Click here for more information about the CIPS designation.
Upon successful completion of this course, a real estate professional will be able to:
• Discuss the social, economic, political, and geographical characteristics of major countries in the Asia/Pacific region.
• Identify important characteristics of the real estate market in certain Asia/Pacific markets, including influential laws and real estate and brokerage practices.
• Evaluate opportunities in certain Asian markets by analyzing significant investment patterns, investor profiles and real estate activity.
• Discuss ways to develop a business network to start or enhance an international practice with Asian clients or properties.
• Discuss techniques to promote properties, markets, and professional services.

SCHEDULE:
7:30 a.m. to 8:00 a.m.: Sign-in, networking, and breakfast
8:00 a.m. to 5:30 p.m.: Course

Light breakfast and lunch will be provided.

Seating is limited and registration is required at LEAST 24 HOURS prior. 

REGISTRATION:
PRO Members ($95):
Click here to register.

Non-PRO Members ($95):
Click here to register.

***This course is one of the courses required to earn the prestigious Certified International Property Specialist (CIPS) designation. The CIPS Network comprises 2,500 real estate professionals from 50 countries and is the specialty membership group for global business practitioners of the National Association of Realtors®. The CIPS® designation prepares Realtors® to service the growing international market in their local community by focusing on culture, exchange rates, investment trends, and legal issues. Click here for more information about CIPS and the requirements to earn this prestigious designation.

Contact: Jan Dean
Email: JDean@tampabayrealtor.com
Phone: 727-216-3004
Pinellas REALTOR Organization
4590 Ulmerton Road
Clearwater FL 33762

Please join the Pinellas International Council for a presentation on Greece by Alexandra Sekouri, the President of the Hellenic Association of Realtors (Greece). Alexandra recently attended the National Association of Realtors Mid-year Meetings in Washington, D.C. held each year for a week in May. Ms Sekouri will be discussing the buying process, types of properties, price ranges, referral system, why one should invest in Greece and much more. Hope to see you there! Please remember to register first.

Greece June 2017

 

This beautiful turnkey contemporary Bed and Breakfast with 2 Professional Tennis Courts and 6 units can be yours for business or pleasure or both! Located in the stunning area of Tamarindo, on the Northern Pacific coast of Costa Rica in the Province of Guanacaste, where the main attractions are surfing and eco-tourism.

There is a total of 7 bedrooms so you can use one for yourself & the rest for your family, friends, or guests. It is short walk to Tamarindo’s main surfing beach and the business center. Playa Tamarindo is a long, rocky beach with excellent waves and two main breaks for advanced surfers.

Some eco-friendly activities in the area include watching turtles nest during their season, diving, snorkeling, body surfing, zip-lining, estuary trips, sailing, horseback riding and fishing.

Guest suites include a 2 bedroom apartment, 2 – 1 bedroom suites, and 3 guest rooms with a total of 7 bathrooms. Also included is a restaurant and a gorgeous pool which creates a great spot for entertaining. Imagine sitting out by this pool in the morning sipping some fresh Costa Rican coffee from the nearby mountains. The property is 1600 Square Meters with 300 Square Meters of structures. This property offers the owner several means of income & attracting a variety of guests. All of these wonders can be yours for $1,195,000.00.

Tamarindo is easily accessed from Liberia Airport (approx. an hour or so away) with airlines from many major cities arriving daily. Commercial airlines include: Air Berlin, Air Canada, American Airlines, Copa Airlines, Delta Airlines, Frontier Airlines, Jetblue, US Airways and several others.

As well as 3-4 supermarkets, a farmer’s market is held every Saturday morning.  With such fresh food & so many outdoor activities available, it is easy to see why so many are moving to Costa Rica for La Pura Vida!!

Please contact me if you are interested in learning more about this wonderful property. Thank you so much.

 

 

 

 

 

 

 

Willkommen – Please join us for our February 15th International Marketing session at PRO. Norma Brenne Henning, Honorary Consul of the Federal Republic of Germany is our speaker. It is FREE but YOU MUST REGISTER on PRO website. Vielen Dank.

Forget what you think you know about the best cities in the world – here are 10 that you’ll want to keep your eyes on

These ten cities are set for great things over the coming years, and each has something unique to offer. Bogotá is an upcoming international tech hub, while Panama City is a playground for the rich and famous. Vienna and Porto are cultural hotspots, and Cincinnati is a sensational place to bring up a family. Read on for more on these on-the-up locations, and a glimpse of some hot properties on the market.

Vienna, Austria

Vienna’s stunning architecture, such as its parliament building, town hall tower and statue of goddess Pallas Athene, enhances the city’s excellent quality of life. Photograph: Getty Images. Banner image: Downtown Cincinnati and the Roebling Suspension Bridge.
Vienna’s stunning architecture, such as its parliament building, town hall tower and statue of goddess Pallas Athene, enhances the city’s excellent quality of life. Photograph: Getty Images..

Sophisticated, affordable, clean, safe, aesthetically exquisite, and socially democratic, it’s little wonder Vienna regularly tops quality of life polls; the Mercer Quality of Life Survey recently named the Austrian capital number one in the world for the seventh year in a row. Geographically central, overflowing with work opportunities and excellent transport links, it has become a key European business hub. Equally, Austria now boasts one of the highest figures for GDP per head globally, according to the World Bank. A large student population ensures superb recreational activities and vibrant nightlife; Vienna’s bar and multicultural restaurant scene is on the up, while the city’s elegant café culture continues to flourish.“A beautiful city steeped in history, Vienna draws in vast numbers of tourists every year and benefits hugely from this financially,” says Julie Leonhardt LaTorre, Senior Vice President, Head of Operations, EMERIA, at Christie’s International Real Estate. “The government pours money back into the city’s infrastructure, meaning Vienna runs exceptionally smoothly, and residents have a very high quality of life.”

Panama City, Panama

High-rise condominium buildings line Balboa Avenue in Panama City, one of the most exclusive streets in the country. Photograph: Getty Images
High-rise condominium buildings line Balboa Avenue in Panama City, one of the most exclusive streets in the country. Photograph: Getty Images

Boasting a great combination of city, beach, and rainforest in a gloriously tropical climate, Panama’s economy is booming, partly due to the recent expansion of the Panama Canal, according to Bloomberg. Its capital is also rapidly becoming a playground for the super-rich. The new Soho Panama mall brought Chanel, Versace, Burberry, and Ladurée to the city, while the Ritz-Carlton hotel opens later this year. By 2024 its impressive transport, healthcare, and tax systems are expected to attract a further 7,000 super-rich residents. Meanwhile, a new Panamanian cuisine is beginning to emerge at hotspots like Manolo Caracol and Riesen.For savvy investors looking to acquire a luxury residence in this bourgening regional economic hub, Christie’s International Real Estate affiliate Panama Premier Estates is marketing this stunning waterfront apartment, which sits proudly above Panama City. Fitted with three bedrooms and several expansive living areas, this contemporary home is ideal for those wishing to take advantage of everything this exciting city has to offer.

Auckland, New Zealand

Beautiful Waiheke Island, with its pristine beaches and world-class vineyards, is just 40 minutes from Auckland City by ferry.
Beautiful Waiheke Island, with its pristine beaches and world-class vineyards, is just 40 minutes from Auckland City by ferry.

The largest Polynesian city in the world, Auckland is a melting pot of international cultures. It also has one of the most business-friendly markets: the city accounts for 35% of New Zealand’s GDP and is growing at 2.9% annually, attracting new investment and entrepreneurs from around the globe.Auckland ranked as the world’s “hottest” market for prestige property this year in Christie’s International Real Estate’s 2016 Luxury Defined report. Strong local, expat, and overseas buyer demand fueled an incredible 63% annual increase in million-dollar-plus home sales.

“Living and working in Auckland means you get the best of both worlds – a bustling, modern city set in a stunning natural environment,” says Kim Harris of Auckland-based Bayleys Realty Group, an affiliate of Christie’s International Real Estate. “The city has a stable business environment, a growing economy, a diverse and skilled talent pool, a worldwide reputation for innovation, and an enviable lifestyle.”

Its most popular areas include Waiheke Island with its vibrant arts scene; Grey Lynn, famed for its chic feel and international food; Viaduct Harbour, full of superyachts and elegant dining, and Mission Bay, which offers a relaxed beach atmosphere.

Lisbon, Portugal

The Alfama district in Lisbon is made up of narrow streets, tiny squares, churches, and whitewashed houses. Photograph: Getty Images
The Alfama district in Lisbon is made up of narrow streets, tiny squares, churches, and whitewashed houses. Photograph: Getty Images

The reigning European Entrepreneurial Region of the Year, Lisbon has worked hard to support domestic business and market itself as an accommodating place for entrepreneurs since the Eurozone crisis. Startup Lisboa has helped found hundreds of businesses, with around 30% of new entrepreneurs coming from abroad. People here are warm, friendly, and laid-back but also energetic and ambitious, and more and more high-tech, tourism, and creative start-ups are appearing. The city runs on a “work hard, play hard” ethic, with its golden beaches and 250 days of sun per year offering plenty of ways to unwind. Culturally, Lisbon has a thriving arts scene, booming nightlife, and a range of fantastic restaurants.“A wonderfully good value coastal city with a relaxed vibe, beautiful beaches, a tremendous culinary scene, and terrific weather, more and more people are understanding how attractive Lisbon is,” says Julie Leonhardt LaTorre, Senior Vice President, Head of Operations, EMERIA, at Christie’s International Real Estate.

Cincinnati, Ohio, USA

Cincinnati’s Paul Brown Stadium, which once made a top-150 list of American architecture, sits on the waterfront next to The Banks entertainment district.
Cincinnati’s Paul Brown Stadium, which once made a top-150 list of American architecture, sits on the waterfront next to The Banks entertainment district.

Forbes recently named the Cincinnati-Middletown area the top up-and-coming city for college leavers, given the huge number of openings for graduates and a vibrant job market. The city is also an emerging food and drink capital: approximately 500,000 people attend Taste of Cincinnati annually, making it one of the largest street festivals in the United States. Key neighborhoods include foodie central Over-the-Rhine; European-style Mount Adams, full of young professionals and artisans; exclusive Indian Hill; well-educated Hyde Park; and family-oriented suburb, West Chester.“The city borders northern Kentucky’s lush Bluegrass region, where the conditions for breeding and racing horses are ideal. Several horse farms have recently been purchased by international buyers,” says Kathleen Coumou, Christie’s International Real Estate’s Executive Director. “These clients can take advantage of the city life, fine dining, cultural amenities, museums, ballet, symphony, and major league sports.”

Honolulu, Hawaii

Set against the backdrop of Diamond Head State Monument, Waikiki in Honolulu was once a playground for Hawaiian royalty. Photograph: Getty Images
Set against the backdrop of Diamond Head State Monument, Waikiki in Honolulu was once a playground for Hawaiian royalty. Photograph: Getty Images

The Hawaiian capital of Honolulu boasts great shopping centers, restaurants, and miles of beaches, leading to it being ranked one of The 50 best places to live in America by Business Insider. This modern Pacific city – which runs on a diet of tourism, entertainment, recreation, and exquisite scenery – also has superb air quality and low instances of cancer and heart disease.“In addition to wonderful weather all year round and beautiful natural surroundings, Honolulu is an energizing, multicultural city,” says Les Enderton, executive director of Oahu Visitors Bureau. Honolulu’s art scene has also taken off in recent times.

Kahala Avenue, the most desirable street in Honolulu, is home to a wealth of luxurious homes including this modern, five-bedroom, single-level home designed by Geoffrey Lewis that features high cedar ceilings, and an open-floor plan allowing dynamic indoor–outdoor living. Currently marketed by Christie’s International Real Estate affiliate Choi International, the outdoor pool includes water features and tiki candles, and steps opposite the property lead directly to the beach.

Calgary, Canada

The Peace Bridge, designed by renowned Spanish architect Santiago Calatrava, connects the northern Bow River pathway and downtown Calgary. Photograph: Getty Images
The Peace Bridge, designed by renowned Spanish architect Santiago Calatrava, connects the northern Bow River pathway and downtown Calgary. Photograph: Getty Images

The cool, cosmopolitan Canadian city of Calgary, Alberta, regularly ranks high on global living standard lists, and for good reason: low taxes, clean air, low crime rates, and an abundance of nature – the Canadian Rockies are an hour-and-a-half away by car – making life here easy to love. New businesses spring up daily, and, compared to Toronto and Vancouver, house prices here are low: the average price of a property in Calgary in the year to August 2016 was $457,000, significantly less than many other Canadian cities.The city is not only an auspicious destination for young professionals, but also for Canada’s leading real estate market. With a secluded garden backing onto the Heritage Pointe Golf Course, this luxurious, three-bedroom residence is being marketed by Christie’s International Real Estate affiliate The Alberta Collection. Expansive windows flood the open-plan, 3,830 sq ft property with natural light, and warm wooden furnishings and stone fireplaces lend the home a sumptuously rustic feel.

Bogotá, Colombia

Bogotá, the second highest capital city in the world, is an intriguing mix of skyscrapers and incredible scenery. Photograph: Getty Images
Bogotá, the second highest capital city in the world, is an intriguing mix of skyscrapers and incredible scenery. Photograph: Getty Images

Named by Forbes magazine as “the next capital of cool,” Colombia’s capital is an alluring mix of business and pleasure. Boasting a beautiful historic center, a thriving luxury shopping and dining scene, and an excellent cycling network, Bogotá is simultaneously becoming South America’s newest tech hub – Google, Facebook, and Microsoft have all opened offices, while local start-ups are booming. Huge improvements to security and stability have made Bogotá more attractive to both international investors and overseas home buyers, and and has boosted quality of life immeasurably.“The attitude of people in Bogotá is very driven, entrepreneurial, family-oriented, and outdoorsy. In terms of neighborhoods, Zona G is known as the Gourmet Zone, where the high-end and up-and-coming restaurants are located. Meanwhile, Zona T (which has a T-shaped area at its center) is most recognized for exciting bars and the best nightlife,” says Rick Moeser, Christie’s International Real Estate’s Executive Director for the Southeast Region, Caribbean, and Latin America.

Porto, Portugal

The historic center of Porto, a UNESCO World Heritage Site, includes the picturesque Ribeira district on the Douro River. Photograph: Getty Images
The historic center of Porto, a UNESCO World Heritage Site, includes the picturesque Ribeira district on the Douro River. Photograph: Getty Images

Recently named “Europe’s most compelling new food destination” by The Wall Street Journal, Porto’s restaurant scene is catching up with its outstanding wines, and the city is quickly shedding its title of “Lisbon’s little sister.” Portuguese chefs such as Nuno Mendes in London and George Mendes (no relation) in New York, have put the country’s cuisine firmly on the global food map. People are now flocking to sample both Porto’s cellars and dining halls, where the focus is on excellent local produce and “urbane rusticity.”Laid-back and low-key, Porto ripples with cobbled streets, Baroque churches, Art Deco architecture, food markets, jazz bars, exhibitions, and music festivals such as Primavera Sound. For those looking to embrace the region’s charms as a permanent resident or second-home owner, this traditional Portuguese quinta (“country estate”) in the Maia region just north of Porto may entice. Marketed by Christie’s International Real Estate affiliate Luximo’s, it has 10 bedrooms, eight bathrooms, a swimming pool, tennis court, and winemaking facilities attached to its own vineyard.

Valencia, Spain

Santos Juanes church and the Central Market beyond are some of Valencia’s most popular attractions. Photograph: Jorge Bellver
Santos Juanes church and the Central Market beyond are some of Valencia’s most popular attractions. Photograph: Jorge Bellver

Hit hard by the 2008 property crisis, Spain’s historic city of Valencia is now overflowing with real estate bargains, luring young Spaniards from other cities as well as international young professionals keen to take advantage of the coastal city’s low cost of living, warm climate, and attractive culture. Its rich and storied history lends itself to an extraordinary mix of cultures and styles, most identifiably in the city’s architecture, which ranges from old fishermen’s cottages in the Cabañal, to ultramodern flats overlooking the City of Arts and Sciences center, and beautiful façades in Carmen old town.Valencia is considered the most creative city in Spain. The way of life here is ideal for families due to the quantity and quality of schools – including international schools – and the many leisure opportunities,” says Francisco Ballester of Rimontgó, Christie’s International Real Estate’s affiliate in Valencia, Spain.

The city ranked as the world’s top “comeback” property market in the 2016 Christie’s International Real Estate Luxury Defined report, and posted an incredible 89% annual increase in luxury home sales. Thanks to a weak euro, property prices below the 2007 peak, and a surge in overseas visitors, Valencia’s luxury housing market is likely to continue on its upward trajectory.  

http://luxurydefined.christiesrealestate.com/blog/luxury-lifestyle/10-cities-to-watch-in-2017

Here are International Living’s picks for the top five places to escape to if politics is getting you down.

Top 5 Best Countries to Escape U.S. Election Results Revealed

1. Mexico

Mexico is the only place in the world where U.S. citizens can enjoy an affordable overseas retirement, live right on the beach at affordable prices, yet remain within minutes of the U.S. by car.

Plus, right now with the current exchange rate of the U.S. dollar against the deflated peso, Mexico is a huge bargain.

With its moon-lit fiestas, languid white-sand beaches, ancient colonial towns set in the rugged Sierras, and Mayan pyramids rising from the misty Yucatan jungle, it’s no wonder so many people are starting new lives in Mexico.

With rapidly rising fuel, healthcare, food, and travel costs back home, it’s nice to know that there are still places where it’s possible to live well without burning through retirement savings. Mexico is one such place.

2. Panama

Tropical beaches, First-World infrastructure, high-quality healthcare, welcoming people…there are many things to love about Panama.

Retirees are drawn here by the Pensionado program, one of the best retiree benefits programs in the world. Younger adults…some with children in tow…are moving here in increasing numbers to take advantage of the ease of doing business and the hip, international vibe.

For many, the low cost of living is a major factor in choosing Panama, as is the fact that Panama uses the U.S. dollar. Expats living here have seen their costs drop substantially.

3. Costa Rica

Costa Rica…the name alone conjures up visions of lush tropical rain forests and crashing surf on long stretches of white-sand beaches.

Costa Rica inspires these visions for two reasons. Number one, they’re true. Costa Rica is one of the most biologically diverse and beautiful spots on earth, with Pacific and Atlantic coastlines that are the stuff of legend.

The second reason that the idea of Costa Rica can instantly create pictures of tropical splendor is that it has been one of the most popular destinations for expats and second-home owners for decades.

One place that has been very popular over the years is Costa Rica’s Central Valley…a spot that cradles the country’s thriving capital of San José yet also offers rustic and rural pleasure in abundance, as well as a mild, spring-like climate year-round. The Arenal region, with its centerpiece 33-square-mile lake, is also increasingly popular. It is three hours northwest of San José…a region of farmland, pasture, virgin forest, and unspoiled lake views.

4. Ecuador

Ecuador really does have everything…from the Galapagos Islands to the Amazon basin and the Andes Mountains, from big, modern cities to small, quaint villages. And up until now, one particular area of Ecuador has been overlooked–and that’s its 937 miles of Pacific coastline and its beautiful mainland beaches.

Ecuador draws a wide range of foreigners: entrepreneurs, travelers, humanitarian workers, foreign officials, diplomats, business people of all stripes, and retirees looking to stretch their budget and experience a different way of life. Many expats are attracted by the country’s less-intrusive government and the tranquility of being removed from the terrorist and antiterrorist campaigns that make headlines in other parts of the world.

Generally speaking, the expats who have settled in Ecuador are those who tend to blend into society rather than live together in expat-oriented communities. Nonetheless, a bit of time in any town of significant size in Ecuador is all it takes to find the gringo haunts and watering holes.

5. Colombia

Colombia is no longer just a place for adventurers, speculators and risk-takers. It’s a country that’s hitting its full stride as an expat destination this year as the numbers of expat couples, younger people with portable careers, and single men and women who’ve found the ideal place to live or retire increase. And many of the preconceptions about Colombia being dangerous are at least a decade out of date.

Located at the northern tip of South America, Colombia is where the Pacific and the Caribbean collide with the Andes and the Amazon. It’s a country that is more beautiful, dramatic, and diverse than nearly any other. It offers sparkling colonial cities and world-famous resorts along the Caribbean.

Just three hours from Miami and Fort Lauderdale, Colombia welcomes nonstop flights into Bogotá, Medellin, Armenia, Barranquilla, and Cali.

In cities and towns in Colombia, expats find a perfect climate that’s neither too hot nor too cool (60 F to 80 F all year); amazing natural surroundings; plenty of cultural events; history-filled cities; superb healthcare; friendly people; and a welcoming country…all with a fantastically low cost of living–figure $1,500 a month for a couple, all in.

Annalisa Weller, Realtor®, Certified International Property Specialist

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  • PRO will be closed on Thursday, Nov. 23 & 24 November 22, 2017
    Happy Thanksgiving to all of our members! Remember, PRO will be closed on Thursday, Nov. 23 & 24 in observance of the holiday. We will be open on Monday, Nov. 27.
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  • Brandi Gabbard & Penny for Pinellas are a win for St.Petersburg and the Realtor® Party. November 13, 2017
    The Pinellas Realtor Organization (PRO) supported candidate, Realtor Brandi Gabbard has won a seat on the St. Petersburg City Council, defeating Barclay Harless 61 percent to 39 percent. Gabbard is now the fifth woman on the council, joining Darden Rice, Amy Foster, Lisa Wheeler-Bowman and newcomer Gina Driscoll. We are proud and honored to count Gabbard as […]
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  • We’ve Got Florida Covered: PRO Members on National Association of Realtors 2018 Committees November 6, 2017
    Josh Cruz
  • Member Thomas Grayson passed away November 3, 2017
    GRAYSON, Thomas Nash 74, died unexpectedly October 12, 2017 at St. Anthony’s Hospital. Born in Bluefield, WV, January 29, 1943 to Edwin and Audrey Grayson, Tom moved with his family to St. Petersburg, FL, in 1958, where he attended St. Petersburg High School and later graduated from Largo High after the family moved to Seminole. With […]
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  • ‘Welcome’ to all our new members who joined us in October November 2, 2017
    The Pinellas REALTOR® Organization would like to welcome all of our new REALTORS® that joined us in October! We are happy to have you as a part of our organization and wish you much success in your careers. Abi Road Realty LLC Justyna  Ciszkowska Ameri-Tech Realty Inc Abin  Taraj Belloise Realty Tropical Yolanda A. Belloise […]
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