All, Thanks you very much for valuable comments. Its much appreciatedvn

Hi jamfc,  It all depends on the location also.  After all the floods in Brisi, check it out if its near the rivers or low lying areas. People will be very cautious when buying in bris at the moment.  However bris will definitely  pick within 24 months. Ask yourself if you can service the loan til you sell the land in the near futureVin

Hi Sam, thanks for the input I have spoken to several agents in the area and they all providing me with data which shows the yield is around 5 to 5.5 %. I would love to hear from people living or have properties in that area. I know that the govt has been investing heavily in that area but for some reason my lender rejected the loan…[Read more]

Richard, Thanks for your input, i ll talk to some local  property managers and  get a feeling for that place.