Today’s top investors will tell you that local real estate makes for a great investment. It’s often a key diversification factor in their portfolios. But what about global real estate? Although it’s not for everyone, there are some key benefits to consider when entering this worldwide market.

So far, the global real estate market is performing very well. According to research from CNBC, 18 out of the 23 European housing markets had exponential growth with double-digit successes in global real estate funds in 2016. This year, there’s been excellent room for growth in overseas ETFs when compared with U.S. property funds.

This is good news for the global real estate market, especially after years of struggling in Europe and Asia. The rapid growth is inspiring a lot of overseas real estate investments.

“There is a real opportunity here,” Duncan Rolph, of Miracle Mile Advisors in Los Angeles, told CNBC. “International real estate funds are priced less than U.S. [funds]. Yet they pay dividends over four percent.”

The savvy investor will take advantage of this opportunity and will enter the global real estate market. Those interested in greater diversification and potential profit might look into the current global real estate market.

Make Money on Vacation Properties

Overseas travel is booming. Every year, it contributes more than 7.61 trillion U.S. dollars to our economy. This money encompasses spending on entertainment, accommodations, attractions, transportation, attraction, and food. Investors can make significant earnings by purchasing real estate in any of these areas.

One of the best markets for global tourism is Europe. Every year, 616.2 million people visit a European destination, and owning vacation properties in this part of the world can offer great returns.

Look into popular areas for your investments. Rome, for example, is one of the most popular European destinations with hundreds of things to do. A waterfront property in such an…