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Seeker

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Everything posted by Seeker

  1. I would never buy a villa in Thailand, simple reason being that foreigners can't own land there. Unless you're happily married with a Thaigirl whom of cause you fully trust, not a good investment. Exception to the rule are Condos, so you might look into that option for your retirement. Also Visa and Immigration rules change with the wind, which doesn't make it any better. Greetings S.
  2. Thank you so much for your reply. It's really good food for thoughts. I also found this forum based on info you provided above: http://www.dubaisharetalk.com/viewtopic.php?t=1477 As usual and to keep things difficult, opinions are nicely split between UP, On the Fence or Down. Interesting new article for an UP trend from today ! I'll just keep looking, but will have to make a decision soon. I've always been a bit of a risk taker, and personally I do believe that a 2 or 3 bedroom Villa in the Springs would be benefitial to buy. As you stated above, maybe not for 2-3 years but I would need to reset my expectations to a longer term plan. I would be quite unhappy to throw away 130-160k every year, this could very well be better invested. I don't see any new Villa developments impacting the Media/Internet City area too much. It's already very crowded around Internet/Media City, traffic is not going to improve too soon, so people like myself will keep looking for near accomodation. I've been to Arabian Ranches with an Estate Agent last week and working in Internet City, this was already too far for me. And they are really expensive objects. We'll see how it works out. In anyway all good information and views provided, thanks for that ! Seeker
  3. Hi, do you have more info about that ? I was reading up a lot about that and all and everyone predicted this to happen in 2007/08. What do you think will the overall outlook for investments in Villas be ? I've been seing some 2 BR villas in the Springs and the renting price went up from 90K to 130K from 2006 to 2007. 2 BR's are on sale for 1.8 mill. Do you believe this is still an good investment for the next 2 to 3 years ? I'm moving over to Dubai just now and really would rather buy then rent. Difficult decision to make. Thanks
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