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[bhc]

So I dont have letters after my name and my spelling is not so good.
But I speak the truth.
An average Romanian cannot afford the rents you quote.
500 dollars is the average take home pay.
Its a poor poverty stricken country.
If you were in France your site would be shut down.
Did you used to sell ostrich farms in Belgium for investments

[David howe]

Originally Posted by bhc

So I dont have letters after my name and my spelling is not so good.
But I speak the truth.
An average Romanian cannot afford the rents you quote.
500 dollars is the average take home pay.
Its a poor poverty stricken country.
If you were in France your site would be shut down.
Did you used to sell ostrich farms in Belgium for investments

I have no problem admitting when I am wrong and others are right. In this case I am indeed wrong, there is no doubt there is a village missing an idiot!

David Howe LLB. LLM

[bhc]

As everyone should know.
Check out the figures before you part with your money.
Talks cheap.

[mickthepropertyguru]

I have done a huge amount of research on property in Bucharest. And to be honest the rental yields are very good. Providing you put the work into your research, it has probably been the best place to invest over the last 5 years in Europe and for me still number one if i was to invest in Europe in bricks and mortar.
I have a few friends living in Bucharest city and the rent is indeed pretty high. There is a huge difference between Bucharest and the rest of Romania. It's like comparing London with the poorer city in England. The law of averages would not be a good research tool here, each district should be viewed as a separate entity, then a true reflection can be made.
But i still think Cannes is a great investment, but i would be surprised if it didn't cover the mortgage ? The rental demand is so strong that property prices will remain strong. It wasn't so long ago that a studio in Croisette in Cannes were €80,000 and less.

[odond]

Originally Posted by Goldberg Global

The rents are guaranteed by an insurance bond and by the State of France.

Is this on one development or all developments?

Deirdre

French Property Ireland

[odond]

My question may have been badly phrased, is it development specific?

Dee
The leading French property advisors in Ireland - French Property Ireland