You’ll see many stories about overseas property promoting a general air of doom and gloom. This is not one of them. This is a positive story about someone successfully selling A Bulgarian Property – it can be done.
It may seem obvious, but Cypriot property prices are likely to fall steeply. What is less obvious is the affect on overseas owners there, which could be severe. On the ‘ill wind’ front, however, there could be some great bargains to be had.
Former MRI Overseas Properties clients are being targetted by a guy called Roger James purporting to be from a company called International Administration. This is a total scam to defraud former MRI clients out of further funds.
Buying Property in Montenegro – it was the thing to do in the mid-noughties – but how is it faring now? Has the market lost its charm or is it still worthy of consideration?
Has the ponzi nature of Banners Broker caught up with the ill-conceived organisation and taken it, along with all its ‘investors’ cash in to a great big black hole. Has that much hyped Straight Line Cycler Doubler gone, as anticipated, straight down the loo?
Eddie Hobbs is currently promoting investment in US Property widely in large ads across the Irish media – is this something the average investor should consider?
Kevin McGeever, the west of Ireland developer found wandering near Ballinamore, Co. Leitrim in January this year, has admitted that his ‘abduction’ was an elaborate hoax to escape disgruntled ‘investors’ who had given him money for development projects in Dubai.
My heart goes out this evening to all my former colleagues in both the Irish Examiner and Sunday Business Post newspapers. I spent many happy years writing for both titles and have a good many friends still at both. I wish them all the best in their endeavours.
Thirteen property buyers from Northern Ireland have won a £1m legal battle over Italian holiday homes that were never built. The judgement was handed down against legal firm Giambrone & Law after it admitted liability.
The Turkish Government has hiked the VAT or KDV rate on Off-Plan property purchases by 18% from 2013 onwards. This could have a significant effect on the Turkish property market.
