Quote:
Originally Posted by propertastic
It's hard to see 18 months to two years into the future as to what the supply and demand situation will be at that time.
Currently though, you would probably be talking around GBP250/week based on what similar properties are renting for at the moment.
I would say that 25% occupancy at these rates could be achievable.
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Yes we need a crystal ball
thanks for you're opinion, its where i thought it would be but with possibly higher occupancy.
My agent scared the life out of me via email saying, £200 GBP per month in the low season
less than £7 GBP per day which is not a good investment return on £70,000 GBP Not heard yet on the high season rental potential or even when that is.
When is the high and low season ? i cant find the relative info and was led to believe it was 360 days sunshine with great temps all year round.
Many thanks for youre input, this is my 1st venture abroad so im glad i found this site, even be it after i put my reservation down
Dunk