Hello,
There are many opportunities to invest abroad in Spain, Cyprus, Bulgaria. Obviously after investment, you have to let the property. As you can't handle yourself, you hire a property management agent (usually the company that sold you the property) to handle everything.

How much is normal to pay for this, except for the normal one time fee that you pay for finding you tenants? How much of the rent is actually yours?
Regards
Daniel

Hi Daniel,
Investment oversees are great opportunity to add to one's portfolio.

but before you commit yourself and asset, it's good to research local laws regarding non-citizen homeownership or the basic real estate law.

and should you go ahead with this, the management fee wont be one time fee
since you will need someone to manage your property from afar. this fee is between you and the management company. Unless you know someone
locally where you are buying, then have it managed year-round.

Rents varies by local region. and season.
if you are buying in a popular city or tourism destinations, you can make a lot of money during those season. But if you buy from a place not-so-known
you could end up losing money. so do research before committing assets.

the best places to buy RE oversees are the growing markets such as China,
Philippines and many other places (always research)
Thanks
Darren

Hi

In the part of the USA I have my properties the managemnt companies charge 40% BUT - they do everything and - its an over-night rental area as its very popular with Americans but little known by Europeans. There are around 80 rental companies in the area so that gives you an idea of the business to be had.

Some of the rental return can/used to be fantastic for brand new large properties so even at 40% charge money was there to be made but - even there its getting tight so you have to watch it.

That 40% figure shocked me to start with and is the highest I have heard of but that's what they charge and people are happy to pay.

__________________
Brian
AquilaResorts.com

Growing markets are nice places to invest since properties are still cheap and there are still lots of properties to choose from but still, you would have to wait for your investment to return. Properties in developing countries are still cheap because they have a relatively lower cost-of-living so you would have to have your property rented for relatively cheaper price also.

buy in dubai rent is high and cost is low
new projects rent (10-12)% property prices increasing yearly by min 15%
managing the place cost about 10% of your rent
building quality o.k
went to bulguria to purchase a house the agent and the records all say the place is 1000M2 i measured the plot found it less than 500m2...building quality bad and no rent for months if not full time but u can still use it as holiday 2nd home
good luck
spain prices top
you need years to make them go up again and i mean years
cheerz

mike you dont go into details searching title deeds till you first like the place and see if it is worth it or not
why waste time
when the price of 500 m2 plot is sold as 1000
i guess you do things backward waste time searching papers and then see the place
cheerz