Property for sale in Guam
1/ Capital: Hagåtña
Is the capital of the American island territory of Guam. It is the island's second smallest village in both area and population. From the 18th through mid 20th century, it was Guam's population center. Today, it remains one of the island's major commercial districts in addition to being the seat of government.
2/ Country: Guam
Is an island in the western Pacific Ocean and is an organized, unincorporated territory of the United States. The island's capital is Hagåtña (formerly Agana). Guam is the largest and southernmost of the Mariana Islands.es. It is one of five U.S. territories with an established civilian government.
3/ Property for sale in Guam
The standard of living in Guam has gradually developed. Due to ever-increasing numbers of tourists over the past 20 years the country has seen a construction boom with many towns and villages being developed. The standard of living has therefore risen over the past few years and continues to do so. Guam has a stable economy which is primarily based on tourism and US military spending.
Guam is the sophisticated destination of Micronesia thanks to increased tourism and a construction boom that is sweeping the country. As a result, property prices are rising. Buying property for sale in Guam is relatively straightforward as there aren't many restrictions on foreign ownership.
· Guam is experiencing high rental yields of up to 14%
· Rental income tax is low and non-resident foreigners earning rental income are only taxed at corporate tax rates.
· The transaction costs for buying and selling property for sale in Guam are low at only 6.6% - 12.6% of the property value.
Located along the west shore of Guam, Tamuning is the country's economic and business centre and most popular tourist town with many shopping attractions including Harmon flea market and the duty free shopping of Guam premium outlets. There are many places to eat in and around the city with restaurants offering a range of different cuisines.
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