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christophe

Investing In Easter Europe

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Hi,

I am a new member, am 37 and live in London.

I am interested in investing in a property abroad as i am completely invested in stocks at the moment, and i want to diversify.

Unfortunately, i have no experience in this area.

I have done some research on internet, and the best places to invest seem to be Poland (very little risk), Bulgaria, Slovakia or the Baltic states.

I am planning to rent out the flat for a few years, and sell later if the capital gain is satisfactory.

Has anyone some experience in investing in these countries ?

What website/company should i use ?

What are the mistakes to avoid ?

Many thanks for your answers.

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The company I bought an Indian property from also specialise in Eastern Europe - If you want their web site address send me a private message. (I'm not sure if you're allowed to post web site addresses on here)

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Hi Christophe,

I run a company specialising in ski and investment property, particularly Bulgaria. There are gauranteed rental schemes available and the rental income hasnt just been loaded on the front end. Please have a look and emaiil me if you have any questions,

best wishes

Andrew

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Unfortunately, i have no experience in this area.

I have done some research on internet, and the best places to invest seem to be Poland (very little risk), Bulgaria, Slovakia or the Baltic states.

I am planning to rent out the flat for a few years, and sell later if the capital gain is satisfactory.

Think you might be on the wrong website here mate. :lol::lol::lol:

Alternatively try here for australian property Australia

Or here for an education regarding property in budapest, shanghi and florida.

Gotta be honest mate.

If your "internet research skills" got you here while looking for overseas investment opportunities then you should just switch off the computer and go to bed.

Edited by needle

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Hallo, Christophe! My name is Tania. I recently bought an apartment in the luxury Perla Manor, through out Perla Projects Bulgaria. I think they still have few apartments left, either in Perla Manor or in Perla Bay. The company sells on the black sea coast in Bulgaria in the city of Byala. But for more info you can just have a look on their website. They have an wonderful website: http://www.perlaprojectsbulgaria.com/ Perla Projects Bulgaria are doing free resales, as well.

If you need more information or any help don't hasitate to contact me. It'll be a pleasure to help you. I wish you a good luck and can assure you that you can make good investment in Bulgaria.

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Hallo, Christophe! My name is Tania. I recently bought an apartment in the luxury Perla Manor, through out Perla Projects Bulgaria. I think they still have few apartments left, either in Perla Manor or in Perla Bay. The company sells on the black sea coast in Bulgaria in the city of Byala. But for more info you can just have a look on their website. They have an wonderful website: http://www.perlaprojectsbulgaria.com/ Perla Projects Bulgaria are doing free resales, as well.

If you need more information or any help don't hasitate to contact me. It'll be a pleasure to help you. I wish you a good luck and can assure you that you can make good investment in Bulgaria.

If that doesn't sound like a VI ....

In fact, most of the posts in this thread have been from VIs

As my 12yr old niece likes to say these days: What part of NO don't you understand?

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Hi,

I am a new member, am 37 and live in London.

I am interested in investing in a property abroad as i am completely invested in stocks at the moment, and i want to diversify.

Unfortunately, i have no experience in this area.

I have done some research on internet, and the best places to invest seem to be Poland (very little risk), Bulgaria, Slovakia or the Baltic states.

I am planning to rent out the flat for a few years, and sell later if the capital gain is satisfactory.

Has anyone some experience in investing in these countries ?

What website/company should i use ?

What are the mistakes to avoid ?

Many thanks for your answers.

Ive just purchased in Eastern Europe.

I wanted 2 things; 1 low prices with lots of potential to appreciate in value.

2 Security. Thats why I didnt buy in Bulgaria, Poland et al. The risks are high in terms of both the legal system and ongoing issues such as maintenance.

Far better to buy in cheap areas WITH A HIGH DEGREE OF LEGAL SECURITY AND STATE RIGOUR.

I went for Berlin the German capital and only paid £60000 for a large plot of land which I will sell to a developer in 5+ years.

The other country I think has my key magic ingredients is ESTONIA. They are the future Singapore of Europe, far more highly educated workforce than other E European states and very high degree of protection in Law.

BTW, Poland is a high risk destination.

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BTW, Poland is a high risk destination.

Every country where religion (catholic church) mixes with politics is a risky destination..(see South America).

Poland needs to wait till its older generations are gone, alhough I wish those people all the best. :P

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I spend a lot of my time in Bratislava, and I would strongly recommend that you DON'T invest in this city. Bratislava prices are in my opinion way over-valued - particular in terms of new builds. New apartment blocks are going up all the time, and in the press I've seen flats in the suburbs on offer for something like 200,000 Euros. If you want to buy in this region, it might well be cheaper to buy in Vienna. Also, we're seeing the first signs of oversupply - yet the building continues unabated.

While's it's true that prices outside Bratislava are much, much cheaper, there's probably a reason for this. If you're not a local, would you want to deal with the security of an isolated house in the Tatras? It seems that just about every house I've come across in Slovakia has a dog that's pounding the grounds, there must be a reason for this.

Two other factors to bear in mind.

1. Interest rates in Slovakia have just gone up.

2. It's possible that this year the right of centre government will lose power, and will be replaced by a left of centre government. The left in Slovakia seem to be unhappy about the flat-rate tax, and if this goes Slovakia could be less attractive to outside investors.

Personally I wouldn't invest in any East European country - property prices are cheaper for a reason, and in my opinion the big gains have already happened.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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