Anyone own a property abroad?



Aye but I live here. We had some holiday apts we rented out as well but new legislation was a fuck on for the time invested against profit so we sold them a couple of year back
 
Has anyone bought in Spain and regretted it ? Our lass is going mad for us to buy a place there .

Yes I did - just managed to transfer the balance as the Euro fell. Lost €40000 as the euro fell from 1.60 to 1.16. On a golf course tried to rent it out but there are thousands. We were going to go every few weeks and then the missus took ill and we had to sell up. The value went down to €70000 and I was pleased to get that.

I might have been just unlucky but never again.
 
Yes I did - just managed to transfer the balance as the Euro fell. Lost €40000 as the euro fell from 1.60 to 1.16. On a golf course tried to rent it out but there are thousands. We were going to go every few weeks and then the missus took ill and we had to sell up. The value went down to €70000 and I was pleased to get that.

I might have been just unlucky but never again.
Sorry to hear that mate but at least you're out of it now and with a tidy sum to play with .
 
True story....
A few years ago my cousin and her husband decided to move to Spain.
They sold up here and thought it a good idea to drive down to save a few quid.
On arrival at their new apartment my cousin went out to get in a few supplies, leaving Brian to unpack.
When she returned she found him dead on the settee. Poor bugger. Canny lad anarl.
 
Yes I did - just managed to transfer the balance as the Euro fell. Lost €40000 as the euro fell from 1.60 to 1.16. On a golf course tried to rent it out but there are thousands. We were going to go every few weeks and then the missus took ill and we had to sell up. The value went down to €70000 and I was pleased to get that.

I might have been just unlucky but never again.
I lost about £50000 cash on a place in Cyprus a few years back. Still Not Over legally either. Looked a great deal at the time .....
 
True story....
A few years ago my cousin and her husband decided to move to Spain.
They sold up here and thought it a good idea to drive down to save a few quid.
On arrival at their new apartment my cousin went out to get in a few supplies, leaving Brian to unpack.
When she returned she found him dead on the settee. Poor bugger. Canny lad anarl.
RIP
Jeez that’s awful. Truly shocking. Like summit from a book or film. Did she move back or stay there?
 
I lost a few grand on a place in the UAE that never got built but got it back when I sold a property in Cyprus.
Getting sick of the UK weather so thinking about buying a cheap caravan abroad somewhere for hols.
 
Could never see the point especially if you find a cracking hotel in a area you like esp with cheap flights nowadays
Two good mates got one each Dubai and Costa Blanca respectively..we all (lads) go to play golf in c.b and the apt(superb) is only used by family and friends.....its great when someone knows best bars/eataries, where to find best music.....suppose for some down side may be getting tired of one place?both mates did homework and old saying of location location( near beach/ marina) is as good there as in uk to hopefully make good investment
 

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