Thank you for your reply,
I am new to overseas property investment, i live in n.ireland and have made alot of money in the property boom over here, as you know the boom has ended and i have alot of equity and would like to continue investing in property.
My problem is i dont know who to trust, the company that has told me about bucharest are constantly on t.v and have a property channel on sky, this is why i thought i could trust this company as they are well known.
they sent me info on a new off-plan development they are starting shortly with 20% reduction in price as i am an existing customer of theres, i had purchased a property in berlin of them a few months ago. also they said that once they were finished you had an option to sign a 3yrs or 9yrs guaranteed rental scheme for 10% rental yield, and they except a 400% increase in the property in 10yrs, i know this sounds to good to be true so i am going out to look round and investigate myself, i wont be making any decisions when im out there.
Have you any advice for me, do these deals come around, or have you any suggestions on places for me to invest in, what i am after is capital growth and as long as the rent will cover the mortgage.
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