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Old 30-01-2008, 03:41 PM
mk2301 mk2301 is offline
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Join Date: Apr 2007
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Quote:
Originally Posted by Howsbuya View Post
Hi All
In answer to a previous question - yes, I am currently in Dubai.
I received my keys about a week ago and last weekend went up to see the apartment. I'm really happy with it - it's quite decently finished, the bedroom is quite big and the ceilings are high which adds to the feeling of spaciousness. Obviously, it's not huge but better than I expected. I spent a very peaceful, relaxing day there last Friday.Greece is a pleasant area - near the lake, which looks lovely.
It took 2 days only to let out the property - apparently there were 2 couples "fighting" over it and it's been let for Dhs55,000 per year from 1st Feb with 2 checks. The agents connect DEWA for the tenants - tenants pay the water and electricity costs.
So all in all I feel very happy with it as an investment. The agent told me he could sell it for Dhs600,000 and it's a great rate of return.
Best wishes
HB

hi howsbuya,

good news nice to know demand is strong for greece. If you dont mind me asking what agent did you use to let out the property? how far sre you from the lake? and lastly any bad odours?
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