How much do you think is a "GOOD" return ?
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How much do you think is a "GOOD" return ?
it has to be more than 6% since you can get this in an ISA in the UK - no risk.
But how do you compare the risk to the return, and time involved in buying and selling.
I think that someone who is looking to use their apartment at least 8 to 10 weeks a year would be looking for something around 10% pa after costs - say over 3 to 5 years, and that is very possible.
Anyone looking for a quick 20% plus return over a short period say 6 months, who never has any wish to use is on a bit more of a stick wicket, without a guarenteed buy back within this time frame, which is possible but not very likely.
Something in between, maybe 25% over 1 year is also possible, but still very risky unless it is in one of the HIGH PROFILE developments, and I think that these are also high risk if the marketing stalls, or the development runs into other problems, UNLESS you beleive you are on the "inside" of the pre-launch deals, and they do exist.
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