2. Alberllefenni, Wales, UK
If you’re interested in potentially buying an investment property in the United Kingdom, Alberllefenni, Wales might be a great option. For $1.6 million, you could buy a total of 16 houses. The surrounding area also has loads of agricultural land. This could be perfect for someone who is looking to bring in rental income and start a farm. The property also includes a forest with walking trails.
There is a town called Machynlleth nearby, which was the ancient capital of Wales. It helps you cover all of the needs you and your tenants would be looking for in terms of a grocery store, museums, shops, schools, and other amenities. The only catch is that many of the buildings need to be repaired. It could be a huge investment to buy the land and get it in the shape it needs to be before you could earn income from tenants. The first offer fell through in 2020, and it was put back up for sale in 2021. If you’re interested, you should hurry, because the real estate agents say that it’s a very popular listing among investors.