Hi,

Thanks for another excellent response to last week's newsletter(s), our team is constantly taking calls on questions over Central & Eastern European Investments and we have had an excellent response from many potential UK Investors on buy-to-lets in the UK.

We endeavor to answer any questions you have posed to us through email and telephone. If you have any enquiries please get in touch by calling our office number +44(0)115 985 3963 or emailing investments@propertysecrets.net

This week, we take a look at how our previous developments in Brasov, Romania are getting on. Nigel Hodges of Currency Solutions gives us his weekly update on the Financial Market and due to popular demand; we bring you a snippet from our 7 Fatal Mistakes to Avoid as a Property Investor email that is continuously gaining rave reviews from many of you.

Do not Buy Buy-to-Lets with Negative Yields, Hoping for Capital Growth

I still can't believe people do this but all over the country I see people marketing and selling unattractive BTL deals.

If your objective is to make a passive income do not buy an asset that will cost you money each month! If you have a good healthy salary, earning a net income may not be as crucial - but I would still be hesitant to buy a rental property with a net deficit unless was very confident on the economic situation and future capital growth of the area i.e. a regeneration area.

You must also factor in management/maintenance costs, and any potential interest rate rises.

Do not just take selling agents word for this - and if buying off plan try to see exactly what else is being built around it i.e. right now rental demand may be high but within a year may be oversupplied e.g. many city centres in UK.
Too many buy to lets are marketed on supposed discounts, and potential capital growth with little mention of the rental expected, or inflated rental figures quoted. But the most important figure in any rental investment should be the rent expected - as if there is no rental market, this will be a very unattractive investment, and therefore little chance of capital growth unless owner occupier demand.

If figures are not attractive - hold off and wait until improve, or look to other property markets.

The above is a draft from our popular '7 Fatal Mistakes' Email which new subscribers to our site can receive. To download the other six installments on ebook format please click here

Brasov - The futures not all that bad!

Situated in Central Romania, The Transylvanian town of Brasov lies at the foot of the Tampa Mountain giving an idyllic backdrop to this beautiful city.

With a new highway and Airport making the town far easier accessible in the future, the city's tourism is likely to thrive with warm temperatures in the summer and snow fall in the winter, meaning the area is popular for winter sports and cosy breaks away for families during the Christmas and New Year period.

Following many questions recently, we sent our team out this week to check on the current developments in Brasov that some Property Secrets clients have had investments in. click here for more

Oz Interest Rates Rise - Yen drops - Recovery in the US?

There were perplexed and apprehensive glances exchanged early last Monday as no one was entirely sure what depth of impact the situation in Dubai would have on the exchange markets.

Both Abu Dhabi and the UAE Central Bank quickly came forward to assure markets of their support for the besieged Emirates State to soften the blow, yet repercussions for ‘fairy godmother’ Western lenders are expected to come around.

Other weekend news took a back seat but was largely centered on Japan, where intervention chatter continued to reverberate around the markets and officials maintained their stance on the current volatility in foreign exchange rates. click here for more

If you have any questions that you feel our team can answer, please get in touch with us on +44(0)115 985 3963 or email investments@propertysecrets.net

Have a good Week!

Daniel Peacock.