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Investment forum
 Investing In Overseas Properties |
 13.4.2009, 13:43
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#1
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Senior  Group: User Posts: 33 Joined: 15.2.2009 Member No.: 11  |
With the property markets slowing down (or collapsing as some might think) is it still profitable to invest in overseas properties? At one point, Spain, Tukey and Croatia were quite popular. Is it still the same or are there any other 'gems' of a country left for good investment opportunities?
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2.5.2009, 23:30
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#2
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User Group: User Posts: 20 Joined: 2.5.2009 Member No.: 276 |
Why not if you could find a bargain and have cash to spare! I know a guy who bought flats in Warsaw and Budapest few years back and now rents it to the health tourists who are looking for cheaper dentists! Mind, Budapest is a beautiful holiday destination too!
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7.5.2009, 22:47
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#3
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 Senior Group: Administrator Posts: 115 Joined: 3.3.2009 Member No.: 36 |
Read an article today about the property prices in Dubai. Apparently, these fell a whooping 41% between January and March, and may continue to fall even further. Perhaps, this is one place, where it may not be wise to invest just yet, who knows...
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9.5.2009, 15:39
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#4
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User Group: User Posts: 27 Joined: 18.4.2009 Member No.: 228 |
Their construction boom was partly generated by the foreign workforce, wasnt it? London city may face the similar problem in my opinion.
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6.6.2009, 12:04
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#5
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User Group: User Posts: 20 Joined: 2.5.2009 Member No.: 276 |
On the other hand, why not to buy when the prices are low? You may be able to snap up a bargain in places like dubai, spain or ireland, for example, where property building boom is turning into bust.
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7.6.2009, 20:51
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#6
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 Senior Group: User Posts: 53 Joined: 4.3.2009 Member No.: 45 |
Personally, if i had cash, i'd invest in the holiday home in the country where i'd want to go on hols, or even eventually retire. And while i'm waiting for the golden age to approach (IMG:style_emoticons/default/wink.gif) , i'd rent it out.
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22.7.2009, 13:11
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#7
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User Group: User Posts: 14 Joined: 6.6.2009 Member No.: 503 |
Investing in real estate now is more profitable I think because the prices are down.
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25.7.2009, 10:38
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#8
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Senior Group: User Posts: 34 Joined: 17.4.2009 Member No.: 227 |
I'm with you on this one. But it's worth checking out the market as well as the trend in the country where you are thinking of investing. In some cases as mentioned above, it may be worth waiting for a wee bit longer (IMG:style_emoticons/default/smile.gif)
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15.8.2009, 11:16
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#9
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New member Group: User Posts: 7 Joined: 15.8.2009 Member No.: 670 |
QUOTE (IvoLets @ 7.5.2009, 23:47)  Read an article today about the property prices in Dubai. Apparently, these fell a whooping 41% between January and March, and may continue to fall even further. Perhaps, this is one place, where it may not be wise to invest just yet, who knows... i believe it keeps falling, so it may be a good idea to start researching as its still a popular destination and the property market is bound to bounce back (eventually!) |
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| Lo-Fi Version | Time is now: 9.2.2012, 21:15 |