Thread: polaris world
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Old 21-01-2008, 05:16 PM
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The rental yields seem low on the 3 bed villas on Condado De Alhama, starting from£450,000 for a second line golf villa.

End users (ie renters) will pay me more rent and year round on my villa in Saidia Morocco, yet the villa cost was £170000! You get an ONSITE 7KM beach, the largest marina in the Med (70% complete), on site large western hospital, 500 shops (compared to a handfull on a Polaris World development), Olympic standard sports facilities (would take you a month to visit each facility in the one development), 2 Carrefour supermarkets, 11 ONSITE 5* HOTELS - giving you a massive FREE marketing prescence.

Im looking for another investment and am drawn to PW, but the yields are just so low that even the cost of capital will barely be covered. Hmmmmmmmmm
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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year
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