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Prime Property Investment

Prime Property InvestmentIs not it a good investment in a good tourist destination right?

I believe that real estate investments in specific places is good because the investment is not a short-term task.
Just look at how real estate investment was done by the Russians in the Black Sea recently. The amounts they have spent are incredible.
I am against not investing at all because, over the recession will follow.
Best tourist destinations like Tenerife or the Caribbean will not lose their appeal. People who prefer vacation first will still be around. If less now than later again ....
How do you feel about all this?

Tenerife or the Caribbean will always be around.

I agree with Ignatz, you need to see before you buy. We promote real estate in the Dominican Republic because it is a growing market, and even the Russians are buying a lot here. http://www.goldenkeymanagement.com/sales.htm try to see how the villas and condos here look like. Report Abuse

If you do there are 2 important things to consider ... 1 most important not to buy Sight Unseen. Even if you are dealing with a well-known real estate company 1st class to which they are primarily interested in making a sale and if you do not see one's property (not brochures, pictures, etc., they can send), but are there to research it. If you can spend big $ $ $ on investment, invest in a ticket to see 1. Do not make a door or give money without full knowledge.
Go ahead and deal 1st hand after doing research on the Internet.
2, you must know the property laws, taxation, etc. of the country. One of the most important? Therefore S is for sale?
Good luck

Posted on February 14, 2010.
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