Market and currency risk
Rental income, resale demand and currency conversion can move against the buyer. A local yield can look attractive before currency, tax and transfer costs are considered.
Developer and completion risk
Off-plan or under-construction projects require attention to developer track record, payment schedule, escrow mechanics and construction progress.
Rental yield risk
Guaranteed or projected returns may depend on assumptions that change. Occupancy, rent, fees and maintenance reserves should be stress-tested.
Regulatory risk
Foreign buyer rules, tax treatment, short-term rental restrictions and property registration practices can change by jurisdiction.