PL1
17th April. 2002.
From Guy and Vicky. Property proposals.
We
have spoken to you about our plan to investigate investing in income
properties in Southern Europe. I won’t go into too much detail now, but
would like to know if you want to be kept on the mailing list.
have spoken to you about our plan to investigate investing in income
properties in Southern Europe. I won’t go into too much detail now, but
would like to know if you want to be kept on the mailing list.
The plan: To see if we can buy medium income property in any
of three growth areas in Europe and achieve a positive cash flow and
capital growth. We are looking for two bedroom apartments for holiday
lets, (or in the case specifically of Nice, student accommodation.)
Probably new property developments in good areas, close to summer sea
and winter golf, for maximum occupancy. Target budget being 50 to 80
000 sterling per unit. Furnished.
of three growth areas in Europe and achieve a positive cash flow and
capital growth. We are looking for two bedroom apartments for holiday
lets, (or in the case specifically of Nice, student accommodation.)
Probably new property developments in good areas, close to summer sea
and winter golf, for maximum occupancy. Target budget being 50 to 80
000 sterling per unit. Furnished.
We have had
correspondence with various agents in all three areas, and have masses
of promotional and other material to study. We have set up appointments
with the agents to view properties, with lawyers to get advice on tax
and property laws, and bankers to discover all we can about exchange
control, and mortgages etc.
correspondence with various agents in all three areas, and have masses
of promotional and other material to study. We have set up appointments
with the agents to view properties, with lawyers to get advice on tax
and property laws, and bankers to discover all we can about exchange
control, and mortgages etc.
