Babcock & Brown also seem to like residential units and apratment complexes in Prague.
Maybe that tells you something.
Cheers Richard
Ph: 07 3720 1888
[email protected]
http://www.yourstatefinance.comSpecialising in US & IP finance.
Richard Taylor | Australia's leading private lender
The Irish have got the Prague market sorted they saw it early and went in and conquered the apartment scene, very shrewd in property in europe and particularly eastern europe are the Irish, they know how to work the Euro and grants very well
when the going gets weird the weird turn pro
I think the Irish were attracted to the cheap beer. [biggrin]
Regards,
Cameron Perry
Finance Consultant
F.R. Perry & Associates
Level 13, 30 Collins St
Melbourne VIC 3000
Ph (03) 9662 1999
Fax (03) 9662 2044Originally posted by TokyoJoe:Tokyo has had its first gains in prices in 15 years. The lowest point has definitely been met. Japan could be a great place to invest, but obtaining finance in country is very difficult – if impossible for non-residents. If you have the cash you could expect some good returns.
Advertise your property for free: http://nzproperty.org/
Finance is not a problem.
Check out shinsei bank at their english web site
http://www.shinseibank.com/english/index.html#Hi Samuri,
Have you used this institution for fiance. What else can you tell us about them. Are you a resident in Japan.
Cheers
D&L Property Projects Ltd
Sourcing Investments that fit.
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New Zealand Information Sheet
http://www.nzproperty.orgDon Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
Man oh man, have I had my head in the sand![blush2]
But then again, I have been “totally out of it” since the passing away of my wife just over 12 months ago.
But I’ll show my ignorance here. Please be kind to me?But how long has Japan been open to foreign investors? I thought it was still forbidden for non Japanese nationals to own Japanese freeholds. Then again I am still a virgin to buying O/S IP’s. Haven’t even researched a property at all yet.
Also, too you guys that have purchased anywhere O/S, would you say it was essential to physically go to the country to view 1st hand or would you say it is nice to go but not necessary? In myself, I think it would be good but, if you read my profile, I am rather tied down at present.
Cheers,
Bruce.Hi,
Bought a 2 room apartment in the very centre of
Moscow 9 months ago for 118K US spent about 25K on fees and repairs and now its worth nearly 200K US..
Rented out at $400 US a week.The process is a strange and complex system but my english speaking agent took care of everything.
Its still a very corrupt country but i think the western media exaggerates the situation here. Its ever so slowly improving.
Looking forward to buying another one, maybe the gains wont be there but the yield is, as there are countless westerners living here after good central apartments to rent.
DoncossackGday everyone,
I subscribe to a free magazine that once every few weeks sends me locations out of the ordinary.
Heres a link to a article on Estonia that only just came out in todays magazine for those who were interested…
http://www.escapeartist.com/OREQ17/Buyers_Guide_To_Estonia.html
or if ya wish to subscribe yaselves,
and just add ya details to the subscription section.
cheers
LaurenceHi all not sure if my info is correct but eire which is southern ireland is currently or is going to be very shortly a tax haven. so maybe thats where there money comes from and is how it is either the highest or next to the highest growth country in europe it out performed all other counrties in capital growth in exports and GDP. so much for the luck of the irish. mayo castlebar is the best place to go here to help
[Edited, sprucing advertising in not permitted.]
Hi Doncossack,
Good luck with Russia. I have a friend whose parents were kidnapped and ransomed by the Russian mafia (they got out unharmed) and another who used to export food there and owned a few supermarkets. He no longer deals there, has lost all of his investment and has been promised a grewsome death if he ever steps foot back in the country.
I also have a cousin who was the major shareholder in a gold mining coimpany over there. It went broke because the governemnt wouldn’t let him take the gold outside the country.
These may not be the general experience of people dealing in Russia, but they are the only three people I know who have done business over there and none of them have done well.
Regards
Alistair PerryHI Alistair,
He no longer deals there, has lost all of his investment and has been promised a grewsome death if he ever steps foot back in the country.Who says property investors are a boring old lot. This is the stuff movies are made off. sounds like it pays to know the right people
D&L Property Projects Ltd
Positive Cashflow NZ Property Deals.Email to receive current deals & New Zealand Information Sheet.
[email protected]Don Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
About the USA. It seems to have just finished its boom. So you’d only be investing for cashflow which is appx 10-20% rental return, if your smart. You can get finance easy on 20-30% deposit and they speak english and follow our cultural-legal lines unlike Estonia or China or Nepal.
If you create a cashflow property portfolio of four such properties you can automatically buy one a year (5%x4=20% deposit). Some people have portfolios of 600 properties because they all produce cashflow. Cash is the name of the game not capital gain…unless you want to be asset rich and cash poor….not great for your lifestyle!
Call me if you want more info on 0411373435, thanks Andrew.Originally posted by samuri:Originally posted by TokyoJoe:Tokyo has had its first gains in prices in 15 years. The lowest point has definitely been met. Japan could be a great place to invest, but obtaining finance in country is very difficult – if impossible for non-residents. If you have the cash you could expect some good returns.
Advertise your property for free: http://nzproperty.org/
Finance is not a problem.
Check out shinsei bank at their english web site
http://www.shinseibank.com/english/index.html#Samuri
It is still very hard for a non resident to get finance – especially for a non owner occupied home.
Shinsei do lend to non residents but only if they will live in the home.
Terryw
Discover Home Loans
Parramatta
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Just send me a blank email, with “subscribe†in subject line.Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Is anybody investing in alberta, canada
Hi DLPP,
The guy wasn’t a property investor, he owns a trading firm, although he did own a few supermarkets through which he sold his products. Baby food was his biggest seller, appprently they don’t have it over there.
There is definately a book coming out about the couple who were kidnapped. Some people may remember the incident, it made front page news at the time, although it was a long time ago 15 years +
Regards
Alistairhi top bloke small world that link took me to a page that has is part of a web site that gives boats over a mil for sale and gives lots of info on tax havens so have been there a couple of times. what peoples thoughts on malta any investors in there of all places. here to help
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Hello I think a good investment opportunity overseas is Bansko ski resort in Bulgaria. I az interested because the prices are relativel low and the place is very good for skiing. Bulgaria PropertyVery subtle Nicholas!
[No more advertising please Gary.]
Gary has been a busy boy.
5 posts in the last couple of days and all selling the same the apartments.
Perhaps they are not that much a bargain after all.
Richard Taylor | Australia's leading private lender
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