Turning Historic Homes Into Hot Property
This is an interesting international historic home artlicle. The world is a much smaller place because of the ease of travel and the internet. I have sold American historic homes to persons residing in France & England, and I know people who invest in real estate in foreign countries. There was an article recently (I can not remember where I read it) on Americans investing in second homes in Uruguay where the opportunities are currently greater than in the downward adjusting US market. At any rate, this article discusses the renovation and restoration of historic homes around the world. We should feel very fortunate in the USA to have a huge inventory of historic homes just waiting for their renewal, while overseas there is a shortage.
Turning historic homes into hot property
Thursday, March 29, 2007, 1:13:09 PM
International Herald Tribune
Around the world, from Panama to Shanghai, high-end buyers are paying top dollar for historic houses, spurring owners to spend both time and money on sensitive renovations that include modern improvements. But finding properties worthy of such effort can be a challenge
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