Lynn, Have you obtained local mortgages on your CEE properties; if so, how did you overcome the Polish banks reluctance to lend to property investors and have you any tips on the best banks to approach. Regards Alan

Hi Lynn I would be very interested in your views about investing in Tunisia: 1. What sort of real estate are u normally after in Tunisia, i.e. residential or touristic resorts? 2. What sort of areas / cities? 3. Have you managed to secure local mortgages as I hear the interest rates are quite high down there and the LTV ratio quite low. 4. Do you reckon Tunisia is the next big thing in the mediterranean, after Morocco and Egypt, for the British investors? Your feeback would be highly appreciated. C

ALAN RE YOUR QUESTION ABOUT POLISH MORTGAGES I HAD NO PROBLEMS GETTING A BUY TO LET MORTGAGE AT 85% LTV FROM NOBLE BANK IN POLAND, CONTACT jakub.krol@noblebank.pl Good Luck Jim Watt in the Bahamas

Hi C. I already have 4 properties in Tunisia. This is for the local market in Tunis near the airport for the local and expats. Furnished and rented.I recommend that you wait until the dinar is covertible in 2008. The interests rate had dropped from 11% to 8% and will drop further in the years to come. They are building a huge airport between Sousse and Hammamet which will be the largest in Africa.Toursim is booming as it is their main source of income. This is not a Islamic state and anyone that is goes imm to prison.Dont forget that Malta is s tone throw away as well as Sicilly,Italy only 150km from Bizerte,N. Tunisia.

Hi alan: Contact Piotr at Open Finance. Also. even if you oare self employed , you can employ yourself!

Hi Lynn. Thanks for the info. VERY valuable indeed. I must say your knowledge of the local market is amazing. You certainly do your homework very well before buying into any market . C.

Thanks Claude. I try. The United Arab Emirates have moved in also with many projects. Lynn