Friday, December 9, 2011

No

The world's eight most distressed property markets - could you grab a bargain home?

Below market value specialists IPS have compiled a shortlist of the world’s eight most distressed property markets and looked at what this means for property investors. Ireland tops the line-up, followed by the U.S. where the sub-prime market began. Europe features heavily with Hungary, Greece, Bulgaria, Cyprus, Spain and Portugal completing the list.

Posted by mark @ 11:24 AM (1649 views)
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7 thoughts on “No

  • this hidden gem is interesting

    The Economist has tracked global house price indicators since 1975 for most countries. Its most recent analysis found that based on the average of the two measures, home prices are overvalued by about 25 per cent or more in Australia, Belgium, Canada, France, New Zealand, the UK, the Netherlands, Spain and Sweden

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  • All we need to do now is convince the vendors and estate agents…

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  • @3

    It says BANK, not HOME, doesn’t it?

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  • I admit it needs some work finishing it, but it is selling at 50% off build price with free land? It would cost you £120k to build in the UK IF you had the land and planning.

    Have a look on the map and look at the size of the garden!! I could plant a orchard, keeps pigs and chickens etc.


    View Larger Map

    It’s no good for me because apart from satellite you can’t get broadband here (no 3g or ADSL) . 🙁

    You would have to be pretty fekin stupid to put a good size house like that where you can’t get broadband.

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  • Spain might seem cheap at the moment, but it’ll be a lot cheaper when they pull out of the Euro and revert to the Peseta.

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  • Can’t speak Spanish so I would have to move to an English community however I am not sure I fancy that & it’s a bit far from the family.

    I do like Algarve for holidays, however I would not like to live there permanently. Same situation with the USA.

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