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Old 20-06-2007, 09:43 PM
davy9449 davy9449 is offline
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Join Date: Jun 2007
Posts: 4
Default What about Panama?

I was sent an info pack on hotel room investment in Panama. $65K gets you a studio, $100K a 1 bed apartment. Growth approx 20% / yr at the mo, 70% of room rental paid to the investor (although no gt'd yield - predicted 15%+) and obviously capital growth on top. 30% dep (£10K approx) for a studio and the rest with a mortgage seems a pretty good deal. No CGT for 20yrs also.

Anybody ventured out that far?
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