Hello Friends,
I invested in Dubai via an agent with a deposit of ?12k. After some time we realized that the agent had told a few untruths. I.e. mortgages are not easy to come by, interest rates are high and that the freehold was in question (now resolved). We were also told that we could sell on before the property was built-again false information. We are now in a court battle trying to recover our deposit. My point is that whilst overseas property can be lucrative, one should be very careful. My advice would be as always buyer beware and do not go through any agents.
Good luck
Nelson

Hi Nelson,
I think it's a little extreme to say never use an agent.
We make sure that all of our due diligence is complete before we offer any development. I do understand that not all agents undertake this process and can be taken in by 15%+ commissions.
If you use a good agent then at least you'll have someone acting on your behalf.
Keep in touch
Harrison