Quote:
Originally Posted by david-giorgi
Greetings
Would anybody recommend residential over commercial property eg long term leases more reliable tenants?
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right now residential is good , as u can rent it in one day , but u never know maybe 2009 will me more demand for commercail . i think low to mediam end properties are best for investment as they give u around 10 to 12 % return per year ,and there is no new proerty coming into market in this sector , all are high end . if u looking for a galmourios property but not too good in return than u should buy emmar down town . it will give u a return of 4 to 5 % ,