Recent years have witnessed the creation of favorable conditions for the flourishing of investment property markets, stimulated by innovation in the transport and tourism sectors, increasing ease of movement of people and, in particular, reduced investor confidence in traditional banking savings solutions. These factors coexist in an environment of low financial costs and virtually no deposit payment by the main banking systems worldwide.
This environment has attracted not only institutional investors - such as investment funds and pension funds - but also small savers, and the existence of a global market of real estate investors is undeniable today.
However, real estate investment in an international environment is dominated by broad local challenges based on the diversity of concepts and rules, and it is common for each legal system to adopt a specific configuration of property rights, procedures and costs of acquisition, maintenance, exploitation and disposal of real estate assets, as well as their taxation in the various stages of real estate investment.