Offshore real estate investment has shot up, with more and more high-networth individuals realising that to pass on emerging markets is to pass on high returns and long-term stability. For 2024, Pakistan’s real estate is positioned as one of the most promising. Here’s why offshore property investments are trending and how Pakistan is shaping up as a prime destination.
Offshore Real Estate on the Rise
As global real estate investment broadens, offshore markets have proven especially lucrative. Recent data highlights that 40% of investors are now considering offshore real estate as a major part of their portfolio for its diversification benefits and rental income alone, offshore investment in emerging markets saw an 8.2% annual growth, spurred by regulatory improvements and increased investor protection policies.
Buying property overseas allows investors to gain exposure to fast-growing economies and diversify away from saturated domestic markets, creating a robust income source that withstands economic fluctuations.
Top Reasons Offshore Real Estate is Booming
Tax Advantages: Many countries offer tax incentives for foreign investors in real estate. For instance, Pakistan recently introduced reforms with the Special Court (Overseas Pakistani Property) Bill, designed to streamline property dispute resolutions within 90 days for overseas Pakistanis.
Although these courts are in place for general investors, they reflect the country’s commitment to making processes smoother and more attractive for foreign property buyers. However, investors working with One Homes benefit from a pre-verified, secure buying process, ensuring a worry-free investment journey from day one.
2. Favorable Returns: Offshore investments in regions like Pakistan offer dollar-linked rental yields, a major incentive as they allow investors to maintain dollar-based returns while benefiting from local property appreciation.
Pakistan’s capital city, Islamabad, and key hubs like Lahore and Gwadar have reported 6-8% rental yields in upscale developments. For instance, One Homes offers a rental management service that ensures consistent income without direct management from investors.
High Growth Potential: Cities in Pakistan, especially Lahore and Islamabad, have seen rapid property value appreciation due to increased demand and urbanization. Lahore’s property prices have surged over 15% in the past two years, driven by both domestic and overseas demand. With initiatives like CPEC driving infrastructure development, Gwadar also offers unique investment opportunities in a burgeoning port city primed for future growth.
What Makes Pakistan Stand Out in Offshore Real Estate?
Investors are taking note of Pakistan’s growing appeal due to the country’s strategic focus on international real estate investment. The government’s recent reforms and the emergence of premium developments underscore Pakistan’s potential.
At One Homes, we recognize the unique needs of overseas investors and have tailored our services to provide secure, lucrative opportunities with features such as:
- Construction-linked Payment Plans
- Rental Management Services
- High-Quality Developments in Prime Locations
For investors looking to diversify with reliable, high-yield assets, this property market offers a strategic advantage in 2024 and beyond.
