Reply To: Where is the next Investment

#86947
katy
Blocked

There are no “emerging markets” or “the next best thing” Just because you can pick up an apartment for less than 50,000 sterling doesn’t mean it is a good investment.

If I were to be investing in property now I would invest in the UK. Not the overpriced city flats overhyped BTL just normal family homes. I know someone who calls himself a property investor…he has 2 apartments in Spain and two in Bulgaria 🙄 and he is getting F all returns for them. Infact the Bulgarian ones are actually costing him. The longer the distance away from the property leaves you open to scamming property managers. It is possible to pay a high sum to fix a dripping tap and get the place painted. You do not know if someone is in the place or not etc.