The locality of the property is the basic factor that decides the fate of an investment in the property. This depends on the type of the property you are investing i.e. residential property or commercial property. Both the types have their own features and distinctions with pros and cons. And also there is one more classification of the property investment i.e. investing in the vacant land or on a construction.
So it is known that property investment is not an easy option to decide overnight. Before investing on the properties one should do a thorough research about the cycle of the market and the future trends. Now there is a trend of investing in the foreign properties that are in the developing markets. It’s not a bad idea though it takes much attention than the local property investment. All you need for this is a trusted person representing in that country on behalf of you to represent you in the transactions.
Think this info will be helpful for you in deciding in the investment options.