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Previously on "Best country to buy property for capital appreciation..."
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Originally posted by sasguru View PostAny ideas?
I still favour Germany, Berlin in particular.
For the capital of the most prosperous country in Europe, property is dirt cheap. That's because there's not much industry/large cos yet, but I think that will change.
Did some research and found out a lot of property funds had invested in Berlin which they bought years ago due to talk of it being the next hotspot which never materialised. Periodically, they try to talk it up to offload some of their stock but buyers just aren't snapping.
What makes you think large industry would move into Berlin in the future as opposed to locate in Poland which I would imagine has cheaper commercial rents?
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Originally posted by Andy2 View PostZimbabwe is not cheap anymore. Apparently a property costs a few trillions
buy a property in afghanistan and grow opium in your backyard
The money to be made is in transportation and distribution.
HTH
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Originally posted by sasguru View PostIsn't that where tourists were machine-gunned by the followers of the religion of peace?
I wouldn't buy anywhere where Islam makes an immoderate appearance. Shame as that excludes some very interesting parts of the world.
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Originally posted by alreadypacked View PostI bought in Sharm El Sheikh as there are plans to build a bridge to Saudi Arabia. Long term but worth a shot.
Anyone want to rent an apartment in SSH
I wouldn't buy anywhere where Islam makes an immoderate appearance. Shame as that excludes some very interesting parts of the world.
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I bought in Sharm El Sheikh as there are plans to build a bridge to Saudi Arabia. Long term but worth a shot.
Anyone want to rent an apartment in SSH
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Originally posted by moorfield View PostSomalia and Zimbabwe are the next big thing.
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Is Berlin still the only major city in Europe with a shrinking population? That might explain the cheap property.
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Best country to buy property for capital appreciation...
Any ideas?
I still favour Germany, Berlin in particular.
For the capital of the most prosperous country in Europe, property is dirt cheap. That's because there's not much industry/large cos yet, but I think that will change.Tags: None
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