Greetings from a newby to this site.
I bought a 1 bed apartment on Greenfields and am approaching the point of looking for a furniture pack and rental company.
I bought from the tv chaps but feel their furniture packs and invitation to join their club just to get a snagging list is an expensive option.
I have misgivings about FDW and wonder if investment Romania might be better for me as another thread suggests they do not ask for funds until completion.
I appreciate that organising and fitting the furnishing oneself is a cheaper option, but I would suggest that many people myself included would not have the confidence or skills necessary to accomplish this task in a foreign country with limited time away from work and would consider the extra expense worth the reduction in hassle.
I would be grateful for any tips and advice on offer as I try to filter out the property companies hype.
I know that the consensus is that Romania is a healthy investment, but with the weakening of Sterling against the Euro I don't want to end up with a millstone round my neck as I view this as a short term investment simply to help pay a shortfall on my uk mortgage.
Please advise if it is unrealistic to expect a rental income to cover the mortgage payment per month.
I also paid a fee to a mortgage adviser in the Bucharest office to set up a Romanian bank a/c on my behalf and look at suitable mortgages.
My apologies for the rambling nature of this post but I am trying to arm myself with as much info as I can.
In truth if it hadn't been for SWMBO's desire to be a property tycoon, I would never have even considered property investment!
|