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Old 13-08-2007, 11:21 AM
Mike -NewOverseasInvestor Mike -NewOverseasInvestor is offline
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Join Date: Aug 2007
Posts: 9
Default Croatia, Montenegro - newby to the game!

I am new to the property game and looking to get started in the lower eastern block in Europe to begin with... I have just visited Montenegro & Croatia & feel inlove with Croatia... Montenegro I know is on the up but the attitude here is vastly different to that in Croatia & I feel Croatia is still a very good market to invest in if you spend the time on the ground to find the right deals!

I am looking for advise though on how I best get into the property game... I have maybe 30K Euro cash so being my first deal, I really need a mortgage or business loan of some type but I am not sure where to go? Should I do this in the UK or go direct to the country I want to invest in? I understand this is pretty impossible in Croatia at the moment... Any input would be highly regarded!

Oh yes, while in Montenegro, I spoke with several locals and they said outside of the major new developments, most ruins, older properties etc... were being put aside for the Russians who work with good old fashioned cash! I guess this puts me of dealing in this market as I simply can not compete with rich russians who have far too much loose cast to throw around! - Croatia though I felt a little safer... Thoughts????

Best Regards
Mike
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