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Buying abroad, advice welcome
simpywimpy
Posts: 2,386 Forumite
Has anyone recently bought a property abroad? I am considering purchasing in either Egypt, Bulgaria or Turkey and would welcome any advice from others on what to look for, the right questions to ask or what to avoid.
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Comments
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Try the forum on http://www.singingpig.co.uk/forums/0
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Are you buying for holiday, retirement or to make or lose money. The motive for you possible purchase will help you to get the right adviseThere will be no Brexit dividend for Britain.0
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Im hoping for a long term investment and will probably use it myself in the winter months.0
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Unfortunately, the same global economic forces are at work accross much of Europe (though not all), with many areas in the midst of a slowdown.
Areas such as Bulgaria and Spain are probably best avoided altogether in terms of investment potential.0 -
To the above response...CRAP...just sold two places in Bulgaria and netted me £35K for 2 yrs of doing nothing.
Do you own, have you invested...tell me..0 -
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i havent bought anything yet but was particularly looking at either bulgaria or hurghada , egypt and wondered if anyone had any thoughts on either place?0
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Sounds like Bulgaria is being dumped/on the look-out for "greater fools"...0
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To the above response...CRAP...just sold two places in Bulgaria and netted me £35K for 2 yrs of doing nothing.
Do you own, have you invested...tell me..
Just sold and made a decent profit.
Nice one.
You've made your money and you've moved on.
That doesn't mean the OP can do the same now.dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0 -
To the above response...CRAP...just sold two places in Bulgaria and netted me £35K for 2 yrs of doing nothing.
Past prices no guide to future performance.........much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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