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Rob, It turns on whethere the Collective Investment Scheme is regulated or unregulated by the FSA. If its regulated then anyone can promote. EG I can say that Barclays have a great 3 year deposit account that is offering 5% and as it is regulated then I am not breaking any rules. If it is...

Amendment meant to say agent for property not agent for bonds !

boiler room There are very strict rules set out by the FSA in regard to the promotion of collective investment schemes such as these and I am fairly certain this does not include estate agents spamming their email database. An esate agent should be and agent for bonds not an agent for...

Poa Interesting I had a similar issue and resolved it by putting a tight time limit on when the POA would expire in case the deal feel through ( it did not ) worth bearing in mind if you repeat the process!

Off plan The completely daft thing frankly is to buy anything off plan in tourist resorts. Why buy something that may never be built rather than something that is already complete? This I never understand....If you are going to do this off plan thing then use only an absolute market...

Back in business Someplace are alive and kicking!! Got this email today looks like a real boiler room scam.. ------------------------------------------------------------------- The Latin America Property Bond A savings plan with a difference – up to 10% per year interest. Introducing...

Bulgaria resale Bulgaria coast if the biggest marketing con ever. Its just TOO COLD - much better to choose Morocco, Egypt,Florida - anywhere where its warmer! It does not economically stack up because the rental season is TOO SHORT to get a sensible return. It could work if Bulgarians...

You have missed the boat on Tallinn prices are already high and the Financial Times reported that they had dropped 10% in the last six months. Also places like Tallinn are suffering population declines so you have to wonder if demographics will give a negative outlook on this location in the...

My advice:- 1. This is an investment so you must get a decent yield - minimum 6% gross yield I would say. Don't get seduced by "prices are going up 10% next month", it really is the olded trick in the book. 2. Find out what the tour operators want for the clients - speak to Balkan...

Sorry I misread your post - you did not mean Lisbon- when you say central Portugal which towns would you suggest and do you have names of local agents

Hmm Lisbon, maybe, do you have an any idea on yields as I am a yield whore? I am talking with a good developer in Moldavia where the yields are 13% in Chisinau

Hi Jain I may be sitting back with the G & T's (as a tax exile in Gib). Remember it's still 25C in the day here. Funny enough they have only just started selling overseas property here about 6 months ago. Gibraltar is always 5 years behind the UK Mt gripe is as follows: If I buy an...

Thanks Propertastic Liked your site ( because I agreed with it all!) and hope it takes off. You are obviously an individual with a high level of integrity giving a balanced perspective on things. If you come across any interesting land opportunties in Egypt let me know - I have HNW...

Jain Thank you for your response but sorry to disappoint you I am not an estate agent, I just feel sorry for people who are putting their life savings into some sunny beach apartment hoping it will pay for their pension based on some statement that "values were up 30% last year" and then...

Heck sorry to hear this but can't the developer sell it for you and you give them a chunky commission. You could cheese them off by putting a big banner up in your flat window/balcony saying "2 bed flat - Euro 100k". The developer may take it off your hands then so as not to disrupt the off...

I have heard negative stories on Budapest also from other investors- poor yields, a great deal of over supply and a struggling economy.

The only place to make money in Bulgaria is either Sofia or Varna. Pure and simple. Our company has 300 people out in Sofia. We are having to increase wages substantially with zero unemployment and more companies moving their call centres there such as HP. Property is up 30% this year in...