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Despite a huge amount of people finding it difficult to pay bills this year, if you are fortunate enough to have some extra money, 2010 is a perfect time to invest in property. Due to property prices falling and interest rates also falling, many people have chosen to invest in property. Not only do you steer clear of the danger of the banks, but you also have the potential to get a better return on your savings.

However, getting a good return for your investment will only work if your investment is good to start with. To help you earn even more in 2010, here are some places that would make good investments.

Brazil:

Although this isn't what you'd always think of when looking into buying property, many housing developers have started looking at Brazil as being a good investment. Due to its sunny climates and quickly developing economy, it looks to be a good investment for the future. You should also remember that Brazil has recently been selected to host the 2014 World Cup and the 2016 Olympic Games which will attract millions to the country.

With prices estimated to rise by 200%, Brazil looks to be a great investment.

France:

The French market has always been popular with investors and property developers. Because France was the first country to get out of recession within the European Union, it proves that they have quite a strong economy. This means that the property market is starting to make a comeback. Although this is good news for France, it does mean that if you want to benefit from the price rises that will happen, you'll need to act fast to get a good investment.

Switzerland:

Due to the increase in taxes for high earners coming into force in April 2010, Switzerland is going to become a good investment soon. Because Switzerland are not part of the EU, Swiss authorities have been attracting the wealty and rich businessmen from the UK as they won't face more taxes in Switzerland.

This attraction for many wealthy businessmen will make Switzerland a brilliant investment. Due to more and more high earners moving out to the snowy climate, the demand for property will rocket, just like the prices.

After seeing the potential amount you may make, you may want to rush off and invest. However, before you do run away and spend, make sure you know what you will have to spend on things such as insurance for holiday homes. Having to pay for extras such as maintenance and second home inusrance isn't cheap to do and all of the costs eat into your potential earnings. Just make sure that your earnings you make will still cover any additional costs.

You can't just buy a second home in Spain without home insurance Spain.

Tags: holiday homes, homes, investing, property, second homes