Real estate is really good when they are printing money.
The problem is that I dont know if when the bubble pops, the country will turn into communism and steal your land, or they will just confiscate everything. Hard to tell.
Best investment is always the one that you can control the most. So i`d go into the crypto world mostly.
Problem with real estate is that in a 3rd or 2nd world country they are cheap, but there is a lot of corruption and mishandling of archives.
I dont want to wake up and have problems with documentation, like I heard many stories that the land archives got lost or corrupted.
In a 1st world country they have better managed land registries, however land or estate is much more expensive there.
Real estate is not at all profitable in my country. It was profitable and a good source for profit until 7-8 years ago but now this market is over saturated and in almost all the areas are free lands in sale and buildings empty and numerous owners or builders who want to sell. During the last 7-8 years this market have seen only decrease of prices and decrease of demands for such products. The last two years, the real estate owners tell that the prices are almost stabilized but yet the demand is very low. Exception make only the places in downtown. This areas don't know crisis. But is hard to find something good there. No one sell. As for the corruption it is not possible to lie when you buy something. If do everything through agencies of real estate. But are true that the hypotheque here is a mess and it is not strange to find two or three owners for the same land or apartment.