Knowing where to invest is frequently based on two main factors: emotion and research.
When it comes to investing in property, this is typically the case whether it be from one end of the spectrum – let’s say the street of the property – to the other end, such as the country or even the continent.
To invest in somewhere like Africa, without assuming ignorance, no doubt the majority of readers of this article would probably be left scratching their heads as to the best locations.
Thus, the annual Ibrahim Index 2010, a Governance League Table from the Mo Ibrahim Foundation (Mr Ibrahim is a Sudanese-born British tycoon), which reviews the 53 states, is certainly one of the best places to start if looking to invest in the African continent.
The Table looks at four criteria:
1) Safety and the rule of law (of which the murder rate and corruption are important elements);
2) Participation and human rights;
3) Sustainable economic opportunity (including fiscal management, free markets and inflation);
4) Human development (such as education and healthcare).
So which countries are named as the best?
4) Cape Verde
5) South Africa
8 ) Tunisia
And those shamed as being less than tip top?
46) Equatorial Guinea
47) Central African Republic
Neither the best or the worst states come as any particular surprise, and indeed the league table does not tend to fluctuate much year after year. Of course, the table is not designed as an indicator for real estate investment per se, but the factors it examine’s should certainly be considered important criteria.
Marquette Turner Luxury Homes currently has properties available for sale in Mauritius and South Africa (yes, in the top of the league). Simply click on the country’s link to view what is currently available.