Hi all,

I have been monitoring the emerging markets in eastern europe for a few years now but would like to look at markets in Europe with high rental yields. Does anyone have any suggestions? I would like to consider countries/cities where you can get 9%+ yields.

Thanks,

Spongebange

I bought some apartments in Romania a few years ago. I am getting about 9-10% return. This is based on the purchase price rather than the current price. The prices have doubled in the last few years...... I chose normal residential properties, far away from the tourist market.

Buying abroad, and particularly in Romania is not for the faint-hearted. You really must know the area well, and ideally have lived there for a while. Do not buy from a British company via the internet as the price will be double the market value. In a similar vein, don't view the places yourself at first. The first hint that there is a westerner in town, the asking price will double. Get someone local to do the initial viewings.

Be very careful who you trust. I know a lot of people in Romania and I feel safe that I can rely certain people. I have people manage my properties who I trust 100%. I have known them for years.

Be prepared for a lot of paperwork and queuing.

Bulgaria, I wouldn't even touch.

If price has doubled than yield has halved. So 4.5-5% puts Romania out of this. Have a look at globalpropertyguide.com they will list countries with good yields. From what I remember is that Cairo / Egypt had good yields. If you want to stick with Eastern Europe the capiatal of Moldova comes on top.

Thanks for the advise guys. I have already bought in Romania, during Q2 2007 so have some experience of the market. Chisinau looks interesting so I will do some research on this.

If anyone else has any tips or has bought somewhere with a good yield please share your experience here.

Thanks

FYI, Romania and other rental yields.

http://www.globalpropertyguide.com/Europe/...a/Rental-Yields

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If you want high yields go for North West New York State - Buffalo Rochester etc

You can easily get yields as high as 30%

Ok the buildings may not be 'luxurious' but who cares. At the end of the day its the accounts ledger that you look at not the property!

I agree
Or better still go to Dubai
If you want high rental yeilds, Your looking at 15% there and no Capital gains Tax so it all goes in your pocket
happy days

Egypt, low entry costs, huge tourism with 365 days sunshine helping to minimise your rental voids! (unlike spain)

Dubai is heading for a worse price correction than the UK...........they too have just witnessed an unprecedented asset price bubble

The property market in Dubai is built upon nothing more than speculation and one mans ego to save his nation before they run out of oil

Ask youself this........who is going to live in these thousand upon thousands of 'luxury' apartments rabbit hutches, Dubai like the UK is just another giant Pyramid scam wereby investors sell/flip properties to each other, each of whom rely on the next fool and his money to keep the game going, some properties in Dubai have changed hands 12x over!!!

The smart money (no pun intended) left Dubai about a year ago (very much like the UK) and is now being invested in other emerging markets such as Egypt

So true, I wouldnt touch Dubai with a bargepole! I have friends who have bought there and you are buying into pyramid scheme and flipping; it is so risky and the market is bound to crash.

Can UK investors obtain finance in Egypt?

They can obtain developer mortgages 50% LTV at the moment.

The likes of HSBC are on the verge of introducing mortgages, my guess would be that in 1 years time their will be a few options.

Further proof can be found here: http://www.propertywire.com/news/africa/eg...0807181335.html

This forum has a huge Egyptian following, you will find a wealth of information here: http://www.totallyproperty.com/egypt-property/

they were saying that about the U.K since 2002 and it took a further 6 years for it to go
Dubai has got years of speculation left

Yields in Lutenblag, the capital of Molvanîa, can exceed 10%.

Dubai and Abu Dhabi - far better rental yields than anywhere else I know

1) 12 months rent in advance is the usual
2) Very little void period as there is high demand for letting
3) Agency fees of 5% is always paid by the tenant
4) No income tax or CGT in Dubai iteself
5) In house facilities management inside tower so extra property management is hardly required or recomended
6) If you want property management for peace of mind it only costs 5% of rental income from reputable companies

for average rental yields see

http://www.globalpropertyguide.com/Middle-...s/Rental-Yields

Panama City,Panama

Red hot for years to come