"Carcola is a really well researched project that offers everything a forward thinking overseas property investor should be looking for."
Except an exit strategy....
I like Margarita too and believe there are some excellent investments there. But I dont think Caracola is one of them - mainly due to there being 1200 units planned.
There arenīt going to be any resales for a very long time and once there are resales, surely oversupply of the same types of apartment in the same complex is going to dilute the prices as everyone tries to cash out?
|