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new style of investment property

Discussion in 'Buying Overseas Property' started by jorgio12, May 12, 2008.

  1. jorgio12

    jorgio12 New Member

    I'm thinking of investing in to a new style of property investment.
    buying car prks in Business bay.
    it looks very lucrative, and very cheap entry price -one car park is 100,000dirham
    the agnt promising 35%-40% per anum. I feel like it is going to be a great investment as when people buying an office or appartment in BB they only getting one or two parking spaces and they for sure will need more as in an office there are more thn only two employees that will need carparks.
    anyone have any comments about this new investment idea before i go and do it?
  2. agentkhoo

    agentkhoo New Member

    I heard about this sort of investment in Japan, mostly in cities with tight space constraints. Where abouts is this investment opportunity?
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