Top 10 overseas investments

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lopin10

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Lets compile a top 10 best oversea investment opportunitys and the reason why. ie: rental income, captail growth,ect
 
1. Romania for wide-open opportunities, and nice people!

2. The UK for reliable commercial investments and laws that we understand!

3. Budapest for solid good value, reasonable returns, and almost unlimited potential once they learn how to ride the bike without the stabilisers!

4. Spain for the best holiday homes (and not too bad at keeping a few bob together too!)
 
Albania, great coastline and hinterland. Cheap, sandy beaches, good wines, did I mention cheap. Also just down the road from Europe's latest hotspots Macedonia (very beautiful and thanks to the heavens landlocked) and Montenegro.
 
I would say Croatia but since I live here it's not allowed to be self-serving.
 
Shouldn't the Isle of Man more rate as a destination to salt it all away once you've made it? ;)
 
Romania ?? Reminds me of Barcelona. Nice people at a cost if your interested in that kind of thing. Commercial property is the thing I believe. However a country that exports it's people as comercial property
I think not.
 
Please enlighten me as to the similarities between Romania and Barcelona. I don't get it!

How are Romanian immigrants 'commercial property'? Surely they are seeking a better life abroad and what's wrong with that? It's not state-sanctioned immigration by the way so no claims of 'exporting' are valid in that instance.

Romania is a very good place to invest and the people are lovely indeed. Have to say that as my romanian wife is looking over my shoulder!;)

Romania has been good to us and it will be good to others. Depends on what floats your boat I guess.
 
Found it disturbing that while in Barcelona the place was awash with Romanian girls been forces to apply trade by Romanian organised gangs whom operate from... Romania
 
DrMoriarty said:
A private island somewhere would be nice.
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Castle Island on Lough Key, between Carrick on Shannon and Boyle, is for sale. Don't know how much.

And before anyone tells me that its not overseas, I know! Apologies for departing from post.

With regards to the people who don't believe that Romania is a smoking volcano in property terms, go there and see for yourselves. Go to any of the good small cities lke Cluj or Constanta and see a market in its early stages. Exciting times there.

By the way, the stereotype that suggests that organised crime is a Romanian trait, I can remember being refused accommodation in London in the 1960s on the basis that all Irishmen were considered to be drunkards.
 
Go to Ankara and see the Romanians in operation there, of course in Romania they'll tell you that those who do such are gypsies, same kind of government spun nonsense that tells us that the price of cigs go up by 50c to help the health of the country - waiting to see tha pig pass by my window!
 
One very good place, sorry auto about this, to invest is Russia, more precisely certain areas in Russia. If it's rent returns compared to entry fee, then it is very good to look towards locations like Voronezh, Ulyanovsk, Samara, Kazan (esp. Kazan). Typical apartment in Ulyanovsk comes in at around $35,000 (new town) and sees returns of $300 per month, which comes in at 10% per year.
 
We were/are looking at the possibilty of investing in Romania. All the figures look good. There seems to be no issues with title. A couple of conerns we have are: in relation to the currency.

How high is the risk of seeing devaluation of the currency to the extinct we have seen in other countries. I have read somewhere in AAM that there is serious implications for investors with the devaluation. How high is this risk to Romania?

I heard a Romanian guy spekaing about the corruption that is rampant (not saying that it isn't here or in any other country for that matter) in the nation.

Will the nationals buy property there as the country develops more or are we looking at the same situation as in other countries where it is the foreign investor who drives the prices?
Optimistic
 
Optimistic, yes Romania is a fantastic country to invest in but there can be issues with title, particularly with land, old buildings and commercial spaces. Always verify things through a good specialist property lawyer. It's essential.

The conveyancing process is very simple and quick plus its easy for a foriegn national to get a mortgage out here now altohugh the interest rates are a bit steep at around 6%.

As regards to the nationals buying property in the future, well, they're already hard at it! Locals buying property out here are the driving force behind a tremendously strong real estate market. The vast majority of romanians own their own home.

Who knows about a future currency devaluation. It could happen but it certainly doesn't seem to be a factor putting people off buying at present.
 
almo said:
Go to Ankara and see the Romanians in operation there, of course in Romania they'll tell you that those who do such are gypsies, same kind of government spun nonsense that tells us that the price of cigs go up by 50c to help the health of the country - waiting to see tha pig pass by my window!
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Could we just knock this one on the head? The relatively small numbers of Romanians who give the country a bad name are no more representative of their race than the stereotypical drunken paddy is of ours. Of course there are plenty of Romanan crooks and conmen out there, but its a country of over 20 million people and the issue is relatively minor. I don't like it when I am lumped into the same category with a load of travelers who camp on a village green in England, and it is not fair to the majority of ordinary Romanians to be categorised as dishonest.

As other posters have pointed out, the main driver for property buying in Romania is the local market, so that prices are real and not inflated for foreign buyers. Some craziness has srept into the Bucharest area, but the rest of the country is very interesting and exciting. If I was starting off again, I would target Romania, work it for ten or fifteen years, and retire very comfortably.

On the question of currency, almost all property is quoted in euro, even in the local market, so this is not really an issue
 
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I have 2 agree with auto on the generalisation of Romanians, we got mostly the gangsters (and same from other countries). I have worked with many Romanians who are fine people and are horrified at the actions of the others and say they are not typical.
 
Auto, have you any thoughts on agricultural land in Romania? Is it a good buy in your opinion? I'm not talking about land close to a city where it could be rezoned. I've been doing alot of research into this topic recently particularly when I realised that Romania is going to be a major producer of Biodiesel in the not-to-distant future.

What's got me thinking about it more seriously is that an acquaintance of mine, an old guy who used to work for the SOF (State Ownership Fund), is egging me on saying that farmland prices will increase by 3-5 times in value (his estimation) in the next 2-3 years.

I have the option to buy 40hectares COMASAT (i.e. all together, not fragmented) and I'm wondering.....
 
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