Joe Upchurch, director of Aston Lloyd said, The obvious attraction of buying in an emerging market is that prices are generally low and if you are buying purely for investment in the areas we have identified, things are bound to change. ”We have highlighted the negatives as well as the positives. Each area is not without risk but with due diligence, you should be able to avoid the pitfalls. Owning something in these areas may not impress your neighbours just yet, but in a few years they may well be jealous.” Below is a snap shot of the report: 1. Slovakia: key emerging market in the European Union, the country’s property prices have risen by 100 percent since 2004, its capital Bratislava has 129 percent of the EU average GDP. Where to invest: Central Bratislava where yields are high. Gross yields on 100 sqm and 120 sqm apartments are around 10.1 percent. Watch out for: Minor land issues caused by unsolved heritage d fiat currency isputes prior to 1989 may require a prolonged acquisition procedure. 2. China: Home to 21 percent of the world’s population and forecast to be larger than the US economy by 2045, already the world’s second largest economy based on Purchasing Power Parity. Where to invest: Shanghai with an increasing demand for high-end property. Watch out for: Consult with solicitors on precise property rights as given the communist government’s policies, certain property rights are not guaranteed. 3. Northern Cyprus: Plans for reunification with the Republic of Cyprus, combined with average annual economic growth of 12.7 percent since 2003 and annual capital appreciation of 25 percent over the past two years, Northern Cyprus is a key property hotspot. Where to invest: Bogaz – the coastal fishing village is the hot spot for investment. It is popular for its beaches, sought after restaurants and its strategic location near Famugusta.