Quote:
Originally Posted by ryan
I one month ago bought a flat in Berlin as an overseas property investment. This was purely for capital growth as I believe Germany and Berlin property is undervalued. I now want to buy a second property overseas, particularly the Caribbean. I have been looking at the Dominican Republic as flats are on offer for as little as 50k dollars. Does anyone have any experience of the Caribbean property market? I have heard the dominican republic has a crime problem. I do not want to invest more than ?50k. Is this realistically possible? If anyone has any queries over Berlin property buying process feel free to ask me....
Thanks
ryan
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If you are looking to invest less than 50k for property with a home on it, why not try the Bay Islands (e.g., Roatan) in Honduras. They are very cheap compared to most other Caribbean destinations and have excellent investment potential. This is somewhere that you can still get in on the ground floor.