GLOBAL REAL ESTATE INTELLIGENCE – 2026 EDITION
Where Capital
Meets Opportunity
Premium property intelligence for investors, advisers, and high-net-worth clients navigating global real estate — from acquisition through to yield optimisation.
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What We Deliver
The Four Pillars of Global Property Intelligence
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Market Intelligence
Rental yields, capital growth forecasts, vacancy rates, and infrastructure pipelines — curated per market, per asset class.
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Legal & Ownership
Foreign ownership rules, LLC & company structures, nominee arrangements, leasehold vs freehold — country by country.
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Tax & Compliance
Withholding tax, capital gains, FIRB, FATCA, CRS, and bilateral tax treaties — so your clients pay what’s required and nothing more.
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Lifestyle & Visas
Golden visas, residency-by-investment, retirement schemes, and healthcare access — because property is often the gateway to a new life.
Country Intelligence Guides
How To Buy In Each Market
Every market has its own rules, risks, and rewards. Select a country to see the essential intelligence your clients need before committing capital.
AU
Australia
STABLE GROWTH · FIRB REGULATED · 2032 OLYMPICS
3.5–5%
Gross Yield
(Brisbane)
+7%
Brisbane 2024
Growth
AUD 500k+
Entry Point
FOREIGN OWNERSHIP RULES (FIRB)
Foreign investors must obtain FIRB approval before purchasing
Non-residents generally limited to new dwellings
Temporary residents can buy one existing dwelling as principal residence
Penalties apply for breaching FIRB rules
TAX & CGT
- No 50% CGT discount for foreign residents
- 12.5% withholding at settlement
- Foreign surcharge applies in many states
- Annual land tax surcharges may apply
ID
Indonesia
BALI INVESTMENT · TOURISM GROWTH · HIGH SHORT-TERM RENTAL DEMAND
8–15%
Gross Yield
(Bali Villas)
+12%
Bali Tourism
Growth
USD 150k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreigners cannot directly own freehold land in Indonesia
- Leasehold structures are the most common investment pathway
- PT PMA companies can be used for certain ownership structures
- Legal due diligence and local legal support are essential
INVESTMENT & RENTAL MARKET
- Bali remains one of Southeast Asia’s strongest tourism markets
- High demand for luxury villas and short-term accommodation
- Digital nomad and lifestyle relocation trends continue to grow
- Strong ROI potential in areas like Canggu, Uluwatu, and Seminyak
WHY INVESTORS ARE BUYING
- Lower entry prices compared to many global resort markets
- Strong Airbnb and holiday rental performance
- Rapid hospitality and infrastructure development
- Tropical lifestyle with year-round tourism appeal
TH
Thailand
LUXURY VILLAS · TOURISM HUB · STRONG RENTAL RETURNS
6–12%
Gross Yield
(Phuket & Samui)
+10%
Tourism Recovery
Growth
USD 180k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreigners can legally own condominium units freehold
- Foreign ownership in condo developments capped at 49%
- Land ownership generally restricted for foreign buyers
- Leasehold structures commonly used for villa investments
INVESTMENT & RENTAL MARKET
- Phuket and Koh Samui remain premium tourism destinations
- Luxury villa demand continues to rise among international buyers
- Strong short-term rental market driven by global tourism
- Growing appeal for lifestyle relocation and retirement buyers
WHY INVESTORS ARE BUYING
- Competitive luxury pricing compared to Western resort markets
- High occupancy rates in tourist-focused regions
- Strong hospitality infrastructure and international connectivity
- Tropical lifestyle with year-round rental potential
IT
Italy
MEDITERRANEAN LIFESTYLE · HERITAGE REAL ESTATE · EUROPEAN INVESTMENT APPEAL
4–8%
Gross Yield
(Tourism Regions)
+6%
Luxury Market
Growth
EUR 250k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase property in most regions of Italy
- Ownership structures are generally straightforward for international investors
- Legal due diligence and notary processes are required for all purchases
- Additional taxes and fees apply at settlement depending on property type
INVESTMENT & RENTAL MARKET
- Strong demand across lifestyle destinations including Sardinia, Lake Como, and Tuscany
- Luxury coastal and historical properties remain highly sought after
- Short-term rental demand supported by global tourism
- Growing international interest in lifestyle relocation and second homes
WHY INVESTORS ARE BUYING
- Globally recognised lifestyle and cultural appeal
- Strong tourism market supporting seasonal rental income
- Access to premium Mediterranean coastal destinations
- Opportunity to secure lifestyle assets with long-term value appeal
RS
Serbia
EMERGING EUROPEAN MARKET · LOW ENTRY PRICES · STRONG GROWTH POTENTIAL
5–9%
Gross Yield
(Belgrade)
+8%
Belgrade Market
Growth
EUR 120k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign individuals can purchase apartments and residential property
- Ownership rights generally depend on reciprocity agreements
- Company structures may be used for certain property acquisitions
- Legal due diligence and local legal representation are recommended
INVESTMENT & RENTAL MARKET
- Belgrade Waterfront and central districts continue attracting international buyers
- Growing demand for modern apartments and branded residences
- Strong long-term rental market driven by expats and business growth
- Infrastructure and urban redevelopment continue expanding rapidly
WHY INVESTORS ARE BUYING
- Competitive entry pricing compared to major European capitals
- Strong upside potential in a developing European market
- Increasing international business and tourism activity
- Lifestyle appeal with lower living costs and strong connectivity
PT
Portugal
EUROPEAN LIFESTYLE · COASTAL INVESTMENT · GLOBAL BUYER DEMAND
4–7%
Gross Yield
(Lisbon & Porto)
+7%
Property Market
Growth
EUR 280k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can freely purchase residential property in Portugal
- Property purchases require a Portuguese tax number (NIF)
- Legal representation is strongly recommended during acquisition
- Transaction costs and stamp duty apply at settlement
INVESTMENT & RENTAL MARKET
- Lisbon, Porto, and the Algarve remain highly sought-after markets
- Strong international buyer demand continues across coastal regions
- Tourism supports both short-term and lifestyle rental demand
- Limited supply in premium locations supports long-term growth
WHY INVESTORS ARE BUYING
- Highly desirable European lifestyle destination
- Strong infrastructure and international connectivity
- Growing luxury and second-home property market
- Long-term appeal for relocation, retirement, and investment buyers
BG
Bulgaria
AFFORDABLE EUROPE · GROWING TOURISM · HIGH VALUE OPPORTUNITIES
5–8%
Gross Yield
(Sofia & Coast)
+6%
Property Market
Growth
EUR 90k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreigners can purchase apartments and buildings in Bulgaria
- Land ownership may require a Bulgarian company structure
- EU regulations continue supporting foreign investment activity
- Legal due diligence is recommended for all acquisitions
INVESTMENT & RENTAL MARKET
- Sofia continues to expand as a growing business and residential hub
- Black Sea coastal regions attract tourism and seasonal rentals
- Ski destinations such as Bansko remain popular with international buyers
- Affordable pricing continues attracting overseas investors
WHY INVESTORS ARE BUYING
- One of Europe’s most affordable property markets
- Strong value potential compared to Western European cities
- Growing tourism and infrastructure development
- Appealing lifestyle with lower living and operating costs
ME
Montenegro
ADRATIC COASTLINE · LUXURY MARINAS · EMERGING EUROPEAN DESTINATION
5–9%
Gross Yield
(Coastal Market)
+8%
Luxury Coastal
Growth
EUR 150k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase apartments and residential property
- Restrictions may apply to agricultural and protected land
- Property transactions require local legal and notary processes
- Montenegro continues attracting international property investment
INVESTMENT & RENTAL MARKET
- Luxury coastal destinations such as Kotor, Budva, and Tivat continue growing
- Porto Montenegro has elevated the region’s international profile
- Strong seasonal tourism supports short-term rental demand
- Growing interest from European lifestyle and second-home buyers
WHY INVESTORS ARE BUYING
- Competitive pricing compared to established Mediterranean markets
- High-end marina and waterfront developments continue expanding
- Strong tourism growth and international visitor appeal
- Potential long-term upside as the market continues maturing
GR
Greece
GOLDEN VISA · MEDITERRANEAN LIFESTYLE · STRONG TOURISM MARKET
4–8%
Gross Yield
(Athens & Islands)
+9%
Athens Market
Growth
EUR 250k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase residential property across Greece
- Golden Visa pathways available through qualifying investments
- Property purchases require a Greek tax number and legal process
- Legal representation and due diligence are strongly recommended
INVESTMENT & RENTAL MARKET
- Athens, Piraeus, and the Greek Islands continue attracting global buyers
- Strong tourism demand supports short-term rental opportunities
- Luxury coastal developments remain highly active
- Infrastructure and urban regeneration continue driving growth
WHY INVESTORS ARE BUYING
- Highly desirable Mediterranean lifestyle destination
- Competitive pricing compared to Western European markets
- Strong tourism market with seasonal rental demand
- Long-term lifestyle and second-home investment appeal
AE
UAE
TAX-FREE ENVIRONMENT · GLOBAL INVESTMENT HUB · LUXURY REAL ESTATE
5–9%
Gross Yield
(Dubai)
+12%
Dubai Property
Growth
AED 750k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase freehold property in designated zones
- Dubai and Abu Dhabi continue supporting international investment
- Residency visa pathways available through qualifying property purchases
- Property transactions require registration and transfer fees
INVESTMENT & RENTAL MARKET
- Dubai remains one of the world’s fastest-growing luxury property markets
- Strong demand for branded residences and waterfront developments
- High expatriate population supports long-term rental demand
- Tourism and business growth continue driving market activity
WHY INVESTORS ARE BUYING
- Tax-free income environment and strong international connectivity
- Modern infrastructure and globally recognised lifestyle appeal
- Strong rental yields compared to many global gateway cities
- Growing demand from international investors and relocating professionals
US
USA
GLOBAL PROPERTY MARKET · STRONG RENTAL DEMAND · DIVERSE INVESTMENT OPPORTUNITIES
4–8%
Gross Yield
(Major Cities)
+6%
Residential Market
Growth
USD 250k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase residential property in most U.S. states
- No citizenship or residency required for property ownership
- Tax reporting and withholding obligations may apply to foreign investors
- Legal and tax advice is recommended before acquisition
INVESTMENT & RENTAL MARKET
- Major cities continue attracting domestic and international investment
- Strong demand across residential, vacation, and multifamily sectors
- Sunbelt states remain popular for growth and migration trends
- Short-term rental markets continue performing in tourism-driven regions
WHY INVESTORS ARE BUYING
- Large and diverse property market with multiple investment strategies
- Strong long-term rental demand supported by population growth
- Access to globally recognised cities and lifestyle destinations
- Opportunities across luxury, residential, and income-producing assets
ES
Spain
MEDITERRANEAN LIFESTYLE · COASTAL INVESTMENT · STRONG TOURISM MARKET
4–7%
Gross Yield
(Madrid & Coast)
+8%
Property Market
Growth
EUR 250k+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can freely purchase residential property in Spain
- Property purchases require a Spanish NIE number
- Legal and notary processes are mandatory for all transactions
- Taxes and transfer costs apply depending on property type and region
INVESTMENT & RENTAL MARKET
- Barcelona, Madrid, Marbella, and Valencia remain highly active markets
- Strong tourism continues supporting short-term rental demand
- Luxury coastal developments attract international buyers
- Limited supply in premium areas continues supporting long-term growth
WHY INVESTORS ARE BUYING
- Globally recognised Mediterranean lifestyle destination
- Strong tourism sector with year-round international demand
- Competitive luxury property pricing compared to other European markets
- Long-term appeal for second homes, retirement, and lifestyle relocation
JP
Japan
TOKYO & OSAKA GROWTH · STRONG INFRASTRUCTURE · GLOBAL INVESTMENT APPEAL
3–6%
Gross Yield
(Tokyo & Osaka)
+5%
Urban Property
Growth
JPY 30M+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase property in Japan without residency requirements
- No restrictions on foreign ownership of residential real estate
- Property registration and legal processes apply to all transactions
- Local legal and tax guidance is recommended for overseas investors
INVESTMENT & RENTAL MARKET
- Tokyo and Osaka remain among Asia’s strongest urban property markets
- High population density supports long-term rental demand
- Growing tourism sector continues boosting hospitality and short-term rentals
- Major infrastructure and redevelopment projects continue across key cities
WHY INVESTORS ARE BUYING
- Stable economy with globally recognised infrastructure and transport systems
- Strong demand in major metropolitan and tourism-driven regions
- Unique blend of modern urban living and cultural lifestyle appeal
- Long-term investment confidence in one of Asia’s leading economies
RU
Russia
MOSCOW & ST PETERSBURG · MAJOR URBAN CENTRES · STRATEGIC LONG-TERM OPPORTUNITIES
4–8%
Gross Yield
(Major Cities)
+4%
Urban Property
Growth Potential
RUB 15M+
Entry Point
FOREIGN OWNERSHIP RULES
- Foreign buyers can purchase residential apartments and certain urban properties
- Restrictions apply to agricultural land and border-zone properties
- Legal due diligence and local representation are strongly recommended
- Currency transfer and banking regulations should be reviewed carefully
INVESTMENT & RENTAL MARKET
- Moscow and St Petersburg remain the strongest residential investment markets
- Urban rental demand is supported by population concentration and business activity
- Premium and central-city apartments continue attracting local and international interest
- Infrastructure and transport projects continue reshaping key metropolitan areas
WHY INVESTORS ARE BUYING
- Access to large metropolitan markets with established infrastructure
- Potential for value-based acquisitions in key urban centres
- Strong domestic demand in major residential markets
- Long-term strategic positioning in one of Eurasia’s largest economies
Investment Types
Residential vs Investment — What Are You Buying?
The purpose of purchase changes everything — from the structure you use, to the visa you qualify for, to the tax outcome at exit.
Buying to Live
- Prioritise visa pathway — does the country link property to residency?
- Personal name purchase may suffice — simplest structure
- Check healthcare access — public system or private insurance?
- Consider principal residence CGT exemptions at exit
- School systems, language, lifestyle quality
- Repatriation of funds — can you get your money out?
- Estate planning — bilateral inheritance treaties?
Buying to Earn
- Yield vs capital growth — which is your primary objective?
- Structure tax efficiency: LLC, trust, corporate vehicle
- Currency risk — AUD, USD, EUR, JPY exposure?
- Rental management — local PM fees typically 10–20%
- Vacancy and seasonality risk (STR vs LTR)
- Exit liquidity — how deep is the buyer pool?
- Leverage — foreign national mortgage availability
Buying to Host
- Check STR licensing — many cities now restrict or ban
- Gross yields 8–15% but higher management intensity
- Furnishing, cleaning, guest management costs ~35–40% of revenue
- Japan Minpaku: 180-night cap; Bali: permits required
- Seasonality modelling — 12-month occupancy forecast essential
- Platform fees (Airbnb/VRBO): ~3% host, ~14% guest
Global Compliance
What Every Global Investor Must Know
The Common Reporting Standard (CRS) and FATCA (US) require financial institutions globally to automatically share account and asset information with tax authorities. This includes rental income accounts, property sale proceeds, and LLC/company bank accounts.
- Your home country tax authority will likely receive reports of your overseas property income
- US citizens/Green Card holders must report all global property under FBAR and FATCA
- Australian residents: worldwide income is taxable — foreign tax credits can offset double taxation
- Structures designed to hide income are high-risk — transparent reporting is essential
Real estate is a global AML risk area. Both buyers and sellers face increasingly rigorous checks from conveyancers, banks, and regulators.
- Prepare source-of-funds documentation: bank statements, tax returns, gift letters, sale of asset evidence
- Politically Exposed Persons (PEPs) face enhanced due diligence requirements
- UAE, UK, Australia, and EU have specific beneficial ownership registers — LLCs must be disclosed
- Cryptocurrency proceeds: most jurisdictions now require on/off-ramp evidence and full transaction history
Australia has DTAs with 45+ countries. The DTA determines which country has primary taxing rights over rental income, capital gains, and dividends from property structures.
- Generally: the country where the property is located has primary taxing rights
- Australia will grant a foreign income tax offset (FITO) for taxes paid overseas
- Some treaties reduce or eliminate withholding tax on rental income
- Always obtain country-specific DTA advice before structuring — treaty shopping is a risk
Property held in another country follows that country’s succession laws — not your home country’s. This can create significant issues for heirs.
- France, Spain, Portugal: forced heirship rules — children inherit regardless of your will
- EU Succession Regulation: allows EU-resident expats to elect home country law for EU property
- LLC/company structures can simplify succession — transfer company shares rather than property
- Apostilled wills, foreign probate processes, and bilateral succession treaties must all be factored in
International property ownership creates insurance obligations in multiple jurisdictions that domestic buyers never encounter.
- Building & Contents Insurance: mandatory for most mortgage lenders; get local specialist coverage
- Landlord Liability Insurance: critical for STR/rental — covers guest injury claims
- International Health Insurance: essential if spending significant time in the country of purchase
- Title Insurance: highly recommended in USA; covers defects in title not identified at settlement
- Loss of Rental Income Insurance: covers extended vacancy due to damage
Investment Analytics
Calculate Your Returns
Investment Snapshot
Indicative modelling only. Does not include purchase costs, financing, tax, or currency movements. Consult Luxe Terra Group for a full investment analysis.
