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Old 29-03-2008, 08:30 PM
The Soup Dragon The Soup Dragon is offline
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Join Date: Dec 2006
Posts: 144
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Hi and welcome NickJanes72.

The best opportunity for you will depend on what you are looking for from your investment. If your mind is set on owning bricks and mortar then you will struggle to make money in the short term for the reasons DogBox gave. The chances of making money improve the longer you are prepared to hold onto the property. The key here is to do your homework and check that rentals are likely to cover your ongoing costs such as mortgage payments, upkeep, local tax etc. Don’t put your faith in what agents are telling you. Investigate everything for yourself. I’m only interested in an agent’s view when they aren’t promoting that development. (They will give you negatives and try to turn your attention to what they are offering.)

Is the Eco resort you mentioned with Barefoot? I haven’t researched them fully, but I do like the way they take seed money from investors to purchase land, get planning permissions etc then sell property off plan. The returns can be very good.

My preferred investments are in the addition of value to land. There are syndicates, funds and other vehicles whereby similarly minded individuals invest together with the goal of doubling their money in a short period of time (typically 2 to 5 years.) These syndicates, funds etc, are managed by individuals with experience of: Negotiation for large pieces of land; Getting planning permissions; Developing land; Construction; Selling Property off-plan. Remuneration comes on completion of projects when all monies have been realised. The sale of properties can realise income several multiples of the costs incurred, so returns can be very attractive.

If you want to create a spread of investments then you may wish to consider purchasing a property with someone else.
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