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Archives for: January 2008, 24

Buying Property Abroad - Dubai

by yackyack @ 2008-01-24 - 15:33:18

I've never been to Dubai although I know a few people who have and all have remarked on how beautiful it is. Wall to wall sun, nice people, good golf, very Western .

Just browsing about this morning, I came across this Dubai Property site  and was surprised to learn how relatively cheap the properties are. Did you know you can buy a 1 bed apartment from as little as £57k or a 2 bed from as little as  £114k. Compared to places like London which has guaranteed rain and grumpy bastards, I thought this was a pretty good deAL

 A further look into that domain itself revealed that on average investors could look at a return over 3 years of  8%, guaranteed!

Time to get those pennies out of the bank perhaps.


 
 

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