where to buy an investment property overseas up to a max. of €85000.
- Thread starter limerickmick
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bearishbull
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Re: where to buy an investment property overseas up to a max. of €85000.
if rental income is lowish why are prices going up???? maybe because of speculators??
Bamhan said:
if rental income is lowish why are prices going up???? maybe because of speculators??
Re: where to buy an investment property overseas up to a max. of €85000.
My earlier suggestions re Zimbabwe and North Korea were obviously in jest.
I am highly sceptical of some of the projects in which people are investing in countries with little or no regulatory framework to protect investors. Pomorie in Bulgaria is just one example.
If I was to pick a country to invest in, I would look at growth prospects, crime, legal framework, current situation.
The country I'd say is most likely to mimic some of Ireland's success is Estonia.
It is already well established in services and information technology . It is the most honest country in the east according to the global corruption index. It has good ties with Finland, a burgeoning service sector etc. and a flourishing IT sector.
I suspect prices already reflect this view but strong ties with Finland (the No.2 least corrupt economy) mean that a lot of the learning that goes to foster growth will be fast-tracked, as it has a very strong role model, with cultural links as they are both of Finno-Ugric Baltic stock and the languages are alike.
So.. if I were having a look at property, which I'm not, I'd look at Estonia.
My earlier suggestions re Zimbabwe and North Korea were obviously in jest.
I am highly sceptical of some of the projects in which people are investing in countries with little or no regulatory framework to protect investors. Pomorie in Bulgaria is just one example.
If I was to pick a country to invest in, I would look at growth prospects, crime, legal framework, current situation.
The country I'd say is most likely to mimic some of Ireland's success is Estonia.
It is already well established in services and information technology . It is the most honest country in the east according to the global corruption index. It has good ties with Finland, a burgeoning service sector etc. and a flourishing IT sector.
I suspect prices already reflect this view but strong ties with Finland (the No.2 least corrupt economy) mean that a lot of the learning that goes to foster growth will be fast-tracked, as it has a very strong role model, with cultural links as they are both of Finno-Ugric Baltic stock and the languages are alike.
So.. if I were having a look at property, which I'm not, I'd look at Estonia.
D
Dipole
Guest
estonian who works for the father says you can get a 6 bedroom house in estonia for the price of a Nissan patrol.
some people measure buying power with BigMacs, he uses Nissan Patrols.
some people measure buying power with BigMacs, he uses Nissan Patrols.
D
Dipole
Guest
Re: where to buy an investment property overseas up to a max. of €85000.
Maybe the property websites that are translated into English show high prices.
He was an Estonian so he'd know his way around.
Same for poland. A polish friend says you can't find any value on the web in Poland with regard to property but was showing me lovely houses for €50,000 in his home town that he took pictures of when he was over there on holidays.
Maybe the property websites that are translated into English show high prices.
He was an Estonian so he'd know his way around.
Same for poland. A polish friend says you can't find any value on the web in Poland with regard to property but was showing me lovely houses for €50,000 in his home town that he took pictures of when he was over there on holidays.
painter man
Registered User
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Re: where to buy an investment property overseas up to a max. of €85000.
Hello there any info on the rental market if thats where ye are going.Rgds.
Hello there any info on the rental market if thats where ye are going.Rgds.