Nottingham, United Kingdom (PressExposure) July 29, 2009 -- Tunisia may not immediately top the untrained investorâs list of good places to invest in. Most people think of a far away desert country much removed from the Western way of life.
However it is all too easy to forget that Tunisia is in fact Africaâs northern most country and just literally a short plane hop from Europe to this actually beautiful and exotic place with five star resorts, white sandy beaches, a deep and diverse culture and of course fantastic weather.
This is precisely what DSR Asset Management Ltd. saw and more when they added The Dunes to their portfolio, an exciting, world class resort consisting of studio to three bedroom apartments in Sousse, all right next to the marina, beach and airport.
Prices start from just Â£22,000 with an independently predicted capital growth of 25% when the development is fully constructed, with 10-14% net rental returns. Also because of the nature of the resort, itâs facilities and of course Tunisia itself, it is sure to provide a year round get away.
The property market in Tunisia only adds to the attractiveness of the opportunity. It has recently been voted in the top five destinations for providing long term investment gains and it already has one of the most developed domestic property markets in the world, with 75% of people owning their own homes (compared with 71% in the U.K.) making it very stable and a definite for growth. Profits in Tunisia are currently more likely because as an emerging market, its prices are low but are strongly predicted to climb, the IMF predicted a 4% growth in Tunisiaâs economy by the end of this year alone.
Investing in countries like Tunisia is seen as a safe bet because they do not have a boom and bust economy that many more developed nations do, meaning no sudden deterioration in markets, and so no losses. Also Tourism remains to be an economy that is growing in Tunisia, so properties like The Dunes are set to follow suit and increase in value. The returns from owning property abroad are much greater than leaving money in banks and for a while last year, arguably safer.
The current economic situation really does mean that there is money to be made if invested in safe, strong, stable and growing markets like that in Tunisia. DSR are offering an excellent opportunity to do so.