Further Reading


Guam: Property Investment Perks

by Alison Ward

Within the past decade we have seen an unprecedented increase in the purchase, interest as well as hype in owning an investment property overseas. From the later 90's until today there is a boost in the value of real estate, while the costs for airline destinations have dramatically declined. Due to these, middle class families now have more financial opportunities from the excess equities of their current homes to purchase properties overseas. As we all know real estate is a consistently solid investment that would provide financial stability if held for the long term.

Location is perhaps one of the most important considerations that one could think of when purchasing an investment property overseas. Europe and the Americas are regarded as the major real estate destinations, but why settle for these areas if you could own a property in an area that is equally at par with these locations and could offer you more business opportunities? Guam is a little known territory of the United States is currently in the process of growth and development, propelled by its tourism and military expansion.

Situated seven hours away from Hawaii and just four hours shy from Japan and other Asian destinations, Guam is regarded as the place where America's day begins. With that said, Guam enjoys a US dollar economy but is also a hub for diverse international flavor evident from its mixture of rich Asian and local Chamorro cultures. While the US mainland is encountering crisis in its mortgages, Guam is showing strong performances in real estate due to the military relocation that posits $15 billion of expected expenditures. As such, many real estate investors are eyeing for Guam's expected growth and are looking forward to earn profits by owning an investment property overseas.

The geographic location of Guam is what makes it an ideal destination for families as well as American and Asian businesses. The island is highly accessible and is equipped with modern routes of swift access to main roads, stations, ferry ports and international airport. Considering that its telecommunication, transportation, technology and entire economic facets are based from US standards, the business climate in this area is highly competitive and could fulfill differing industrial expectations. As such, if you intend to purchase a Guam home for sale, not only will you enjoy the rich culture of this island, but you could also greatly benefit from the potentials of international business.

Rental properties in Guam are also gaining momentum in the real estate market. The appreciation for owning rental homes in Guam is fueled by the island's increased number of tourists, who wish to enjoy the area's beautiful beaches and culture. The rental yield in the island is up to 14%, wherein a 220 meter rental home could earn up to $3,000 per month, and $700 per month for an 80 meter property. Rental income tax is very low and tenancy laws are very lenient for landlords; hence, you could easily earn profits from Guam if you own a rental home in this location.

Generally, the real estate market in Guam will bolster for the following years as more and more investors would like to take advantage of the developments in the relocation currently taking place in the territory. By taking this into consideration, it isn't hard to realize that these are the best times to own properties in Guam. If you are thinking of purchasing a Guam home for sale, it is now easier to finance your desired overseas property because many estate agents are now willing to help you with your investment. With the accessibility of the place, the island's mixed culture, business potentials and expected income growth, you'll definitely own a solid investment that would provide you endless benefits for the long term.

Owning an investment property overseas is now becoming a trend due to the benefits it could provide in the long term. Guam is one of the key real estate destinations today fueled by the military relocation and construction that is expected to build a multi-billion dollar industry in this island. Due to this, Guam home for sale and rental properties are being purchased by many investors who are seeing the competitive business potentials of Guam.

Published August 16th, 2010

Filed in Real Estate