Holiday Homes For Under £15,000 - Topic Powered by eve community

Anke

Posted

Don't give up your belief that something good is going to happen in the Balkan countries, it just takes time.

I remember closing an EU conference in 1989 in Brussels, where Spain in a north/south divide was a hot topic for poverty, laziness, not having the right attitude to develop employment etc. etc. look where they are now.

I never give up, I know it is disheartening at times with the corruption etc., but a change is taking place I am positive of that. Albania is a land for future investment even if it takes another 10 to 15 years, maximum.
Don't you give up believing either, Drina.

Ignored post by Anke posted

drina

New Member

Posted

Ok.

Since english is not my mother lang. It s kinna hard to explain.
It is not that,..... that I lost my believes in balkan countries. Most of balkan countries do have huge potencial. Croatia- still huge potencial, BIH- also, Serbia- a litle bit less, Montenegro- huge, Macedonia- so-so.
The reason why I respond on your post was; the first point of this debate was ( if I understand correctly)People are asking for advice where is the best to invest or buy a Holiday Homes For Under £15,000.
You mentioned Albania. ( maybe we see things differently)
My point of wiew.
If somebody is buying a land for holiday home I saw him as a small investor So £15,000 is not a pocketmoney.
So if he/ or she is buying something it has a low price now at this moment . -he/she is expecting that this land will be worth 2, 3 or 4 or eawen 10 , 20 times more in few years- max.7-8years.
Big investors maybe have time to wait 15 or 20 years for economical changes - small investors dont.
Lets take Croatia for exsample. Buying a land in dalmacia (exsample. Vis or eaven Hvar island) 6 years ago. The land was 5 eur/m2. Now this same land is 70 eur/2. This is ( As I understand) what small investors are looking for.
Another my point of wiew. If small investor is looking for this kinna opportunity, must know exsacly where is buying. I am talking about history, macroeconomical wiew of country, but most inporting to know is local folk- and their mentalitet, I mean - "cultural experience", which is a characteristic for the excact geographical place. Right?
So if you take an exsample x yugoslavian countries Vs. Albania. We are talking about two diferent worlds.Albania eaven before comunistic regim always was 50 years behind all border countries ( Grece, Italy, X YU). And They still are.... sory to say that ... they are, and that s a fact. Ewery time when I cross border from Albania to Macedonia I have the feling I am back in normal world . And you know that Macedonia is not a "Switzerland"

.... the real Albania is not just nice beaches- (Sierra Leone has nice beaches too

) It is so much more than this
Last time when i was there I had my mesure full... after all years of work we invest there- nothing different! No changes!... and at the end... paying the outgoing tax to albanian police man/ for what? leaving their garbage where eweryone sees in you a "milking-cow of money"... and the officer on the border after you pay him cca. 50 eur newer forget to ask you for some baksis money - for him , because he was nice with you.......

....

I hope you understand me now What I am trying to say.
You work in Montenegro right? Boka kotorska( kotor bay- Hercegnovi) Vs. Budva-> or Ulcinj. If you observe- speak/live with the local people u will feel the diference there... small but still a diference.
If someone ( small investor) is trying to buy a land for holliday home on strange territory my first advice would be go there live with the locals bread with the locals.Focus on area-> micro market. Knowing their way of living and thincking, you will see where they are.And You will know where you stand. And Then invest.

When buying in another country, most people never do much more research than what is given to them from the investment company or realestate-agent. And this is a dangerous habit. Everyone between buyer and the property owner is just a salesperson, and they all get paid on making sales. 80% of those "betweeners" would sell you a / pardon my lang./ " shit in fancy bottle".... I am not criticising you Anke- dont get me wrong.( after all you are only 4 years there)
As I told in my previus post I live In balkan all my life . I work with balkan countries- work with local folk ...and bread with them... In ewery each country I fell the diferences betwen them. I am not an investor! I am not trying to sell here anything.( I work in medical industry

-kinna economic research of field) No Offence, just trying to give my advice. And I saw many times, how the little people ( hard working people- from Germany,UK,France, eaven Slovenia) was scamd... rip-of for their hard earnd money just because they listen advice from some hot-shot realestate investor where to invest their savings . And now they have what?... a dead capital!
And If someone would ask me where to invest.( still talking about small investors) Not Albania!
It s nice to have beliefs. It s just not moral to sell beliefs. Sell good solid proven fundamentals .
That is All what I was trying to say.

No hard feelings, I hope

p.s.
I apologise for all my spelling mistakes and errors in expression. I haven’t written in English for many years now

Posts: 4

Ignored post by drina posted

Vonreisa

Posted

There have been some interesting debates here from well meaning,interesting and knowledgeable individuals.

Everything I have read here has merely re-inforced my original view - There simply is no better investment on this planet than Germany for this sort of money. Not because you will turn it into 100,000 in a year but because you just will not lose your money, it a beautiful, safe, prosperous, educated, forward-looking society - an exciting country to live in and a wonderful country to holiday in.
No I am not German, I am British and proud of it. I merely know a winner when I see it and for 15000 pounds a clear winner too.
Merry Xmas to you all and a prosperous new year.

Posts: 134

Ignored post by Vonreisa posted

Anke

Posted

quote:
Originally posted by drina:
Ok. Since english is not my mother lang. It s kinna hard to explain.
It is not that,..... that I lost my believes in balkan countries. Most of balkan countries do have huge potencial. Croatia- still huge potencial, BIH- also, Serbia- a litle bit less, Montenegro- huge, Macedonia- so-so.
The reason why I respond on your post was; the first point of this debate was ( if I understand correctly)People are asking for advice where is the best to invest or buy a Holiday Homes For Under £15,000.
You mentioned Albania. ( maybe we see things differently)
My point of wiew.
If somebody is buying a land for holiday home I saw him as a small investor So £15,000 is not a pocketmoney.
So if he/ or she is buying something it has a low price now at this moment . -he/she is expecting that this land will be worth 2, 3 or 4 or eawen 10 , 20 times more in few years- max.7-8years.
Big investors maybe have time to wait 15 or 20 years for economical changes - small investors dont.
Lets take Croatia for exsample. Buying a land in dalmacia (exsample. Vis or eaven Hvar island) 6 years ago. The land was 5 eur/m2. Now this same land is 70 eur/2. This is ( As I understand) what small investors are looking for.
Another my point of wiew. If small investor is looking for this kinna opportunity, must know exsacly where is buying. I am talking about history, macroeconomical wiew of country, but most inporting to know is local folk- and their mentalitet, I mean - "cultural experience", which is a characteristic for the excact geographical place. Right?
So if you take an exsample x yugoslavian countries Vs. Albania. We are talking about two diferent worlds.Albania eaven before comunistic regim always was 50 years behind all border countries ( Grece, Italy, X YU). And They still are.... sory to say that ... they are, and that s a fact. Ewery time when I cross border from Albania to Macedonia I have the feling I am back in normal world . And you know that Macedonia is not a "Switzerland" .... the real Albania is not just nice beaches- (Sierra Leone has nice beaches too ) It is so much more than this
Last time when i was there I had my mesure full... after all years of work we invest there- nothing different! No changes!... and at the end... paying the outgoing tax to albanian police man/ for what? leaving their garbage where eweryone sees in you a "milking-cow of money"... and the officer on the border after you pay him cca. 50 eur newer forget to ask you for some baksis money - for him , because he was nice with you....... ....
I hope you understand me now What I am trying to say.
You work in Montenegro right? Boka kotorska( kotor bay- Hercegnovi) Vs. Budva-> or Ulcinj. If you observe- speak/live with the local people u will feel the diference there... small but still a diference.
If someone ( small investor) is trying to buy a land for holliday home on strange territory my first advice would be go there live with the locals bread with the locals.Focus on area-> micro market. Knowing their way of living and thincking, you will see where they are.And You will know where you stand. And Then invest.

When buying in another country, most people never do much more research than what is given to them from the investment company or realestate-agent. And this is a dangerous habit. Everyone between buyer and the property owner is just a salesperson, and they all get paid on making sales. 80% of those "betweeners" would sell you a / pardon my lang./ " shit in fancy bottle".... I am not criticising you Anke- dont get me wrong.( after all you are only 4 years there)
As I told in my previus post I live In balkan all my life . I work with balkan countries- work with local folk ...and bread with them... In ewery each country I fell the diferences betwen them. I am not an investor! I am not trying to sell here anything.( I work in medical industry -kinna economic research of field) No Offence, just trying to give my advice. And I saw many times, how the little people ( hard working people- from Germany,UK,France, eaven Slovenia) was scamd... rip-of for their hard earnd money just because they listen advice from some hot-shot realestate investor where to invest their savings . And now they have what?... a dead capital!
And If someone would ask me where to invest.( still talking about small investors) Not Albania!
It s nice to have beliefs. It s just not moral to sell beliefs. Sell good solid proven fundamentals .
That is All what I was trying to say.

No hard feelings, I hope

p.s.
I apologise for all my spelling mistakes and errors in expression. I haven’t written in English for many years now

Hi Drina,

I have just come back from holiday, Namibia actually, talking about investment there, an incredible and so beautiful country, talking about poverty, forget attitudes, survival is the most important thing! Yet one goes to Swakopmund or Windhoek, no places in the world are more German than Namibia, apart from Germany of course.

I read your words carefully, and I live for the time being anyway still in Macedonia (my fourth year), thank you for taking the time in writing back, your English is superb.

I think your/our posts will give people who want to invest into the Balkan countries food for thought, they should take good advice and will take our thoughts hopefully in mind making their decisions accordingly.

May I wish you and all also a very Happy and prosperous New Year.

Ignored post by Anke posted

Vonreisa

Posted

Drina,

Thank you for a good post. Very well explained and I think many posters here will read it with great interest.

I guess the time for Alabania has not yet come.

I usually stick with the safest investments I can find and tend not to gamble with my own or clients money. Hence I advise on Germany, France, Belgium, Italy (especially Sicily)and Portugal before I have any investor get carried away with the hot air I hear from agents worldwide touting, "The new Tuscany" or "The next great hotspot".

I have never, ever made a client 100% in a year and if I knew I could do this with absolute safety I would do it for myself (every day) and not tell anyone else how to. On the other hand I have never lost a client a single cent as long as he/she does the simple things I advise them to do.
Germany has been my favourite for several years and I see no reason to change that in the short term.

Posts: 134

Ignored post by Vonreisa posted

Anke

Posted

I think the Balkan countries their attitude and mentalities do need much understanding, I am only at the beginning of it.

I am happy to have invested into Montenegro, but my feelings about Albania and it's potential has not changed.

Ignored post by Anke posted

Vonreisa

Posted

I will be watching future posts from yourself and Drina with great interest.

My research and that of those I take heed of pretty much backs up what you are both saying in your own ways.

Personally I think the whole Balkan region, as beautiful and tempting though it seems is not stable enough for me to consider advising my clients or putting my own money into.
I had an agent/associate of mine check out some beach side building land with a view to purchasing in Albania. On approaching a local lawyer to establish ownership he was told, and I quote "Ownership and papers mean nothing, if you have the money we can make the papers okay"
God knows what they would have done to make the papers "Okay" and God knows who may have been pressured or worse to sign them over to us. Business cannot be conducted in this sort of environment.

Drina - You do not need to apologize for your English. I wish I had the command of a second language as well as you.

Posts: 134

Ignored post by Vonreisa posted

Anke

Posted

I totally agree with you VonReisa, Albania is no where near ready to sell land now; rule of law??, is not in place yet. It may take another 5 to 7 years, possibly longer, before one should attempt to think about that at all. That is also the opinion of many agents/business people who work there currently and know the area - come Balkan region- well!

Writing the Balkan region off though on the whole, may perhaps not totally wise, as the German people have bought particulary land and ruins in Croatia, like there is no tomorrow.
In my opinion German people are more than cautious when buying abroad!

It's a balance in my opinion, but good local lawyers...., architects and other knowledgable local people are essential to take the right step!

Ignored post by Anke posted

Goldberg Global

Posted

Egypt was a place were you can get a studio for 15k, now alot are over. We did have one for 12k, was small, but for 12k sterling in a good area, Hurghada, we thought was good.

Posts: 42

Ignored post by Goldberg Global posted

Anke

Posted

If Egypt comes in to the frame, I would like to suggest a house on the Skeleton coast just after Cape Cross towards Swakopmund, Namibia, for about £10,000 and less. Beautiful endless space, beautiful desert right next to the Atlantic, quad-biking galore, fishing oh wow, peace? Yes, definitely, hot hm yes, one can see the development of small villages one day to built up!

Ignored post by Anke posted

omostra06

New Member

Posted

Over the last few months there has been an increase in demand for small country cottages in central Portugal. This has caused two things to happen. Firstly we are seeing an increase in property prices due to this demand. Although small stone cottages are still available for around 20,000€ we are seeing an increasing number of owners starting to ask for higher prices. The upside to this is that owners of these types of properties are starting to see this increase in prices and demand and are therefore more of these types of properties are coming on the market allowing a buyer a larger choice.
For examples of types of property available within this region take a look at some of the estate agent websites for the region. Don't forget to use only legally registered INCI estate agents.

Posts: 6

Ignored post by omostra06 posted

jer31

New Member

Posted

there are some really special properties for sale out there please choose wisely though. i did am now planning my next venture

Posts: 5

Ignored post by jer31 posted