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Despite a huge amount of people finding it difficult to pay bills this year, if you are fortunate enough to have some extra money, 2010 is a perfect time to invest in property. Due to drops in interest rates and property prices, investing in properting has become a very popular form of investment. Not only do you avoid the risk of losing your money in a bank, but potentially, you can get a better return for your savings.

However, making a good return for your initial investment only works if you enter into a good investment. To give you some tips so you can make a better return in 2010, here are some tips for where to invest in 2010.

Brazil:

Although Brazil isn’t the first place that comes to mind when thinking of property investment, many housing developers are beggining to look at Brazil as a sound investment. Due to it’s rapidly developing economy and sunny climates, it does look like a good place to invest in for the future. You should also remember that Brazil has chosen to host the 2014 World Cup and the 2016 Olympic Games which will attract millions of tourists.

With prices set to rise by around 200%, Brazil is looking like a brilliant investment.

France:

The French market has always been popular with investors and property developers. Due to France being the first country to come out of recession within the EU, it shows that they have a pretty strong economy. This means that their property market has begun to make a come back. Although this is good news for the French economy, it does mean that if you want to make a good return from these price rises, you’ll have to act pretty fast.

Switzerland:

Due to the new taxes coming into play for high earners next April, it means that Switzerland will soon become a very good investment. Because Switzerland aren’t part of the EU, the new taxes that the UK are facing won’t be brought in, to try and benefit from this, Swiss authorities are trying to attract UK businessmen to their snowy country.

This attraction from many high earners and wealthy businessmen means that Switzerland is going to be a very good investment. Because more high earners will be moving to the snowy slopes of Switzerland, demand and prices for property will rocket.

After seeing how much potential return you could get, you may want to run off and start buying. However, before you do run away and spend, make sure you know what you will have to spend on things such as holiday homes insurance. Having to pay maintenance and insurance for second homes isn’t cheap to do and all of the costs eat into your potential earnings. Just ensure your earnings will cover your costs and still make you a profit.

You can’t just buy a second home in Spain without home insurance Spain.