Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Property crash continues – UK mortgage approvals lowest ever › Reply To: Property crash continues – UK mortgage approvals lowest ever
or tell me what you would classify as a good investment in the south of spain? in regards to rent/cost/mortgage/etc..
I am honestly interested.
Now that could be considered asinine.
How long is a piece of string.
What is a good investment?
What are you looking for – how is it funded – what yields are required – what is the covenant – what cap., growth is wanted, etc., etc.,?
Each investment will be viewed differently by different investors.
If self funded and good covenant, 4.5% would be considered by many. There again, some would want 10%.
What funds are available to support repayments, if externally funded, if the premises is empty?
What funds are available in the event of “they know the system, pay a couple of months and then stop and it takes ages to get them out (plus the cost).”?
How would those losses be recovered?
Say trashed and 2000€ spend, do you think you could put the rent up 2000€ or suffer the losses yourself?