Basically, my parents have been putting money away for my savings for most of my life, i want reveal how much, however I’m 17 right now and I dont want that money sitting in low interest bank accounts. Hence I’ve convinced my parents to let me use this money to invest in Property, obviously with a mortgage as well as i don’t have enough to buy an apartment outright. However, my question is should i buy an apartment in Liverpool city centre, using up my entire savings, with a huge mortgage for a 7-8% yield, or buy 2 apartments in warsaw for around 80-90% my savings with a yield of around 11% however with a less stable economy, and lower amount of renters, as around 75% of Poles are home owners? Btw i am Polish, hence would be there generally often and would employ a property manager regardless of where i buy
If you have interest in Spain follow offfers https://wtgspain.com/costa-blanca-south
Btw, lifestyle in Spain is very different from places like the USA, UK, Australia and even the rest of Europe. The Spanish have a very laid-back lifestyle. When you think of Spain one of the first things that will come to mind is the word ‘Siesta’. A siesta is a nap that is taken after lunch to gather energy for the rest of the day. I live in Spain 1 year.
Thanks for feedback . My friend said that Ifyou feel confident enough, you can also search for a property yourself, by making use for portals like Idealista.com, fotocasa… etc. When looking for properties, you might want to make sure that the ads that you see are not scams.
Yes Personally I have no interest in the north nor wales, as I do not have the time nor commitment to buy/view/maintain/manage anything up there, neither is there much capital gain to be made. However, here in London, stamp duty alone will cost you £20k+ for a small flat. That's before you've even made a penny. That and a myriad of other costs makes the whole thing these days more trouble than its worth. I've already started selling my properties and reinvesting it somewhere else. Will reconsider going back in when government stops using landlords as scapegoats for their own lack of housebuilding and calms down on stamp duty/2nd home taxation.
Nice post
d the pending keep the date mailings. nicole's cousin, amber, determined out that we had announced the date and referred to as nicole upset that we had booked a marriage on her wedding date. we were careworn because ambcge on h
oke thank you
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