Experts warn novice investors in european property

  • Thread starter SherryTrifle
  • Start date
Is this a candidate for the most mixed up article since the last lovingly crafted company promo that appears between the sheets of our dailies and provincials?

I would worry about investing in Sofia, especially now that it has become the capital of Romania, or maybe that's good, all the crimelords under ne mini-statelet.

The Irish property market is 100% Irish? Hmm, must have been told porkies by that Lithuanian family would bought down near Fatima in Dundalk, or even misheard that a Belgian company has now bought 15acres of land out by Dunboyne.

What does the rate of stamp duty in Ireland have to do with small investors looking in Eastern Europe for property? And when one of the experts tells the journo that this new super capital is rip for a new branch of Dunnes, well, you have to listen.

Or maybe I read it too closely, the cooling mountain air must be getting to my brain again!
 
From the article

For example, Sofia, the capital of Romania, a city the size of Dublin, did not have a single shopping centre.

Outstanding editing/journalism/whatever.

FWIW-here's a link to another article in the same vein.
 
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