I want to invest in property, where is best

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R

raisa

New Member
investment

i am on my way to doing it i mean when a owner sell his property for cheap( $3000 us an acre in a area that goes for ( $15,000 us and up i mean its hell yeah
 
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propertylettingagents.inf

New Member
I think Bulgaria is the best place to invest with houses from as little as £3000 you can't really loose!
Bulgaria is now in the EU and is one of the fastest growing countries in the world and property prices are going up all the time.
The best time to buy is now! as Bulgaria hasn't yet joined the euro.
 
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propertylettingagents.inf

New Member
We bought 2 houses in Bulgaria for £10,000 . Ok they need a little work doing to them but i can see Bulgaria is going to be the next Spain. In 2012 Bulgaria is going to be joining the Euro and prices will rocket. I know people here who have bought 60 houses and are just sitting on them!
 
K

KayJay

Member
I think Bulgaria is the best place to invest with houses from as little as £3000 you can't really loose!
Bulgaria is now in the EU and is one of the fastest growing countries in the world and property prices are going up all the time.
The best time to buy is now! as Bulgaria hasn't yet joined the euro.
Da, be da! (For those who don't know that's Bulgarian for "Yeah - right!" used ironically.)

- Cheap Bulgarian houses are mostly in areas/villages where you wouldn't want your worst enemy to live.

- Prices have been falling in Bulgaria for several years and still haven't hit bottom.

- You can buy a house for a LOT less than £3000 - but see above.

- "Bulgaria is the next Spain"? The current Spain is a country where ex-pats can't afford to live but also can't afford to sell because prices have plummeted so much. Is THAT a plus point?

<snip.>
 
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happyabroad

New Member
I have just joined this forum
I own 2 houses myself in Bulgaria both are located in villages. I lived in the first house and loved the village and the bulgarian people that lived there. I was lucky to find another property that came onto the market which was larger than my first house and nearer to the town i frequent often, so i decided to buy it and i can tell you that i am very very happy living there. When i lived in the uk, i was fortunate enough to live in the countryside when i was younger with my parents. Its always been a dream of mine to return to the countryside and live how i used to live when i was younger. I never lived in poverty when i lived in the country, but enjoyed the peace and tranquility, coupled with the beauty of the countryside, but found it impossible in the uk to be able to afford to buy one. I visited bulgaria and found that my dream could come true as the prices of the houses were so cheap, therefore i packed up my life in the uk for the one i had always dreamed of in Bulgaria.
 
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K

KayJay

Member
I have just joined this forum
I own 2 houses myself in Bulgaria both are located in villages. I lived in the first house and loved the village and the bulgarian people that lived there. I was lucky to find another property that came onto the market which was larger than my first house and nearer to the town i frequent often, so i decided to buy it and i can tell you that i am very very happy living there. When i lived in the uk, i was fortunate enough to live in the countryside when i was younger with my parents. Its always been a dream of mine to return to the countryside and live how i used to live when i was younger. I never lived in poverty when i lived in the country, but enjoyed the peace and tranquility, coupled with the beauty of the countryside, but found it impossible in the uk to be able to afford to buy one. I visited bulgaria and found that my dream could come true as the prices of the houses were so cheap, therefore i packed up my life in the uk for the one i had always dreamed of in Bulgaria.


I live in Bulgaria and what you describe IS possible but only if someone has very low expectations or comes from a country where they can't afford a decent place of their own and are prepared to rough it. For most people looking to invest, there are indeed bargains to be found but not with "cheap" rubbish in villages which are either dying or overrun with undesirables. Something which is liveable-in by normal Western standards doesn't come at bargain-basement prices and Bulgaria is full of desperate foreigners who got sucked in by dreams of a Balkan Shangri-la where one can live for peanuts. It just ain't so and most of those who tell you otherwise are either last year's dreamers looking to off-load their own worthless property or "agents" trying to make a profit out of other people's gullibility.

Three grand will buy you nothing that anyone with any sense would consider for a moment. If you're dreamers with no idea of the culture, language or history of the Balkans then look elsewhere, my friends. On the other hand, if you have a decent income from abroad (NO, you CAN'T make a decent living here unless you're VERY lucky) and have £50k or so to spend then you can probably find somewhere worth buying as a home. If you're looking at making a real investment, then look in the major cities but be prepared to spend somewhere in the region of 100,000 euros and be aware that rents are low here (most people have VERY low salaries). If someone offers you a sure-fire way to make a pile of money investing in property, just ask yourself why they are so altruistic and don't use this "valuable information" for their own benefit...
 
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happyabroad

New Member
OMGGGGGGGGGGG are you for real Kayjay? Not only are you self opinionated you must also think you are a clairvoyant too!

Not that i feel i should explain myself to you at all, but i really have only joined this forum today, How dare you accuse me of being a liar and i do not think that the people here are that dumb, well neither am i, so i would thank you for not talking about me as if you know me, because i can assure you that you don't. I am sure half of what you say is purely from your imagination as you do not know me at all and i iterate how very rude i think you are!!!

What a warm welcome thank you very much!!!! Its people like you that put people like me off of joining these forums, but i can assure you i don't have to tolerate your rudeness and just because your status says you are a senior member does not give you the right to slate anyone that makes a comment on a thread from another. Just to let you know your royal highness, i had just joined and was looking at the most recent posts which were posted and came across the start of this one. Unfortunate for me it seems i thought your comments were rude, so i said so but i came across a Bigot!

For your information, (not that i think you will take note of anything i or anyone else says),I DO NOT know mrproperrtyperson at all, but after saying that 'although i don't profess to be a philadelphia lawyer' but i think you may well think that you are, i found your comments offensive but it doesn't mean that i know anything of the above person, but i 'do' know how to look at previous posts of people such as yourself, which is exactly what i did do.

It appears to me (now i am being a bit like you) as i checked out your previous posts and found that it doesn't matter who comments on anything or says anything about any subject, you appear to enjoy putting people down in one way or another, or passing on your opinions which you expect, yes i did say 'Expect' people to take note of. I for one will take no notice of anything you say as i feel you are not the all seeing eye that knows everything about Bulgaria. I don't either by the way, but i do own a couple of properties which are not in that bad conditiion, which the foundations are of solid granite and I too have lived here for 4 years. As for people having low expectations, it depends on how much money you have to spend on the property you buy. I sold up in the uk as i knew i would never be able to afford a house in the countryside in a million years due to the prices of them, i did however find my dream over here and went for it. Fortunate for me, my husband is a fully qualified electrician (who i might add is not advertising for any work so don't say you know him too) His father also owns his own building company which my husband worked for all his life, but my husband specialises in Electrics. We never spent a fortune doing the house up and yes we have all the modern amenities, 2 bathrooms, 2 kitchens etc etc. The village i live in now has many english residents and i am sure they would not thank you for saying they live in hovels as they too have spent money on their houses to make them just how they want them. In fact the village as a whole is not the dive's you are portraying them to be. There 'Are' villages that are rundown, but you are wrong to assume that all brits moving out here live in such. Nobody has told me that Bulgaria is any kind of shangri-la either. I have visited Bulgaria on a few occasions and i never bought off the cuff or from a picture i saw, or from what anyone else told me, i researched and viewed both my properties over here and in my opinion i got 2 bargains, as i am sure many other brits have done too.

Now back to mr property person which started this conversation in the first place, you said in your original post that you thought i was agreeing with him, i never once said i agreed with him/her at all, i was commenting on your rude reply to that person, which i have now also checked out their page too and found that they are not actually trying to sell anyone anything!!!!!! If you take a good look at the propertypersons page you will find that its a free site and that this person is not actually selling anything. It appears to be a site where people can advertise their 'Own' property and all buyers contact the sellers direct. I never realised that myself before as i never looked at their website at all, but i now have.

Anyway i could go on and on like you have and just get into a deeper debate and that was not my intention of joining this site at all. I was just interested in information about Bulgaria and property in general, as i am also an owner of property in Spain too.

And there endeth the lesson :hmmmm:
 
K

KayJay

Member
Happyabroad

Sorry, I can't PM you yet but I believe that my comments were indeed rather out of order and that I owe you an apology.

I got a bit carried away by what I accept is the pure coincidence of you joining just about the same time as "propertylettingagents" and reacted in what must have seemed a very rude and indeed offensive way. I hope that I will manage to engage brain before hitting keyboard just a bit more (I'm not sure that I can promise a huge improvement, since hearing the same "problems" day after day from people who believe salesmen's outrageous claims, don't read contracts before signing them or even shell out their hard-earned cash without so much as visiting the country often makes me react rather cynically :( )
 
K

KayJay

Member
i want to buy a overseas property .
what is a virtual tour of property ?
as the person whom i am buying is saying that he will give me a virtual tour !!!
GB

It's just a fancy way of saying "a video tour that you can see on the internet" :wink:
 
M

mortagage

New Member
From what I've read on this and other forums, Dubai is possibly a bit stagnant right now. Not sure what anyone else thinks, but Morocco sounds like a good idea.
 
M

mortagage

New Member
What could you expect to get for your money in Singapore? Broadly speaking of course.
 
L

Lysos

New Member
Property ownership in Singapore is anything but cheap, and I don't understand "the supply of land is fix unlike other country".

(My earlier question was addressed to mortgage, with regard to Morocco).
 
A

Arcachon

New Member
Property ownership in Singapore is anything but cheap, and I don't understand "the supply of land is fix unlike other country".

(My earlier question was addressed to mortgage, with regard to Morocco).
Singapore is slightly more than 3.5 times the size of Washington DC.

Singapore's land area has grown from 581.5 km² in the 1960s to 710.2 km² today, and may grow by another 100 km² by 2033.

There is two season in Singapore Sunny season and raining season. It Summer all year round. If you feel like having snow you can fly north or south depending on the time of the year within five hour.

Geography of Singapore - Wikipedia, the free encyclopedia
 
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M

mortagage

New Member
The quality of life in Singapore is something I find attractive, but not the property prices - probably going to hike further as well.
 
T

The Association

New Member
Istanbul

Hi Pyramidjames,

In my mind, Istanbul is the best place to invest.I think you would be wasting your time if you are thinking about investing for the holiday market. Those days are gone now. I watch the Real Estate Market closely and have good experience on the matter. If you just rely on holiday makers or overseas buyers to get a good return on your investment, that's very risky. If you can get local people's attention and rent your property out at a good return rate, that's much better. Istanbul's population is over 16 million and counting. Very nice mega city. The demand for property is never ending. Rental yields are very good. Average rental income is around 400- 450 Pounds a month on a 60-70k 3 bedroomed property. That's around 8 to 10 % return. Not bad. I advice you to have a look at Istanbul.
Good Luck
 
S

Steve Hand

New Member
Yields in Istanbul are actually quoted at 6.1%. The yield in resort towns is higher but shorter term. I subscribe to the view that buying an overseas property to generate a long term(guaranteed) income would be an unwise move at present - having said that, we seem to be doing OK on mid to long rentals but that is because we source accommodation for the tour reps.
 
A

A.Maria

New Member
Try Sicily

Yields in Istanbul are actually quoted at 6.1%. The yield in resort towns is higher but shorter term. I subscribe to the view that buying an overseas property to generate a long term(guaranteed) income would be an unwise move at present - having said that, we seem to be doing OK on mid to long rentals but that is because we source accommodation for the tour reps.
I would suggest investing in South East Sicily for investment.
 
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