You can't afford to wait on this opportunity...
Welcome to this edition of your PRO newsletter. My latest Lewis Report is out and it's a must read for anyone interested in what Romania has to offer the property investor. I recently went out on a fact-finding visit to the capital, Bucharest, and what I found there was amazing. Things are changing literally overnight - and changing for the better from an investors point of view! More later...
In the meantime, Robert Liebman takes another look at REITS, David Lawrenson tells us how to get the best value from lawyers (yes, lawyers!) and talks tenancy tactics and we launch the first of what we plan to be a regular Foreign Direct Investment (FDI) Monitor. And, of course, we have Property Matters from Chris Browne.
Lastly, we have a superb value investment opportunity in the booming market of Krakow in Poland - check it out below.
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This Week's Articles | On The Forums
Investment News | Website News | Event News
The Lewis ReportBy Neil Lewis, CEO & Founder
Exclusive to Property Secrets PRO members
Fuzzy Analysis in Booming Bucharest"Stubbing out the fags, Audi Q7s, and why Bucharest's property market is growing in quantum leaps..."
Click here to read more...
Tenancy tactics then - specifically, the length of tenancy agreements. Any idea what the best length is? Whatever an agent might say, it's always best to go for a six month fixed term contract when you rent out your property - and we tell you why in this article.
"Landlords who use letting agents are often persuaded by their agent that a 12 month (or longer) term is the better option."
"And yet, they are badly mistaken."
"Having a six month fixed term agreement is always better than a 12 month one for very valid legal reasons should your tenant turn out to be a "wrong 'un", which I will come to in a minute."
Read the rest of David's article here...
Meanwhile, our FDI Monitor helps you do what we always suggest you do as an investor - follow the money! In the first of our planned regular FDI Monitors we look closely at the companies investing - and the amounts being invested! - in a wide range of Southern and Eastern European countries. A useful tool for those of you interested in these high capital growth markets.
Property MattersA landlord's personal view on the market
Exclusive Property Secrets PRO members
Ladies Who Let"Talk is cheap and if you want proof sit next to a group of those notorious London socialites, the ladies-who-lunch..."
Click here to read more...
With REITS now firmly in place, Robert Liebman looks at how they have worked in the States for many years and wonders if, now that they're over here, they're all they're cracked up to be. Are REITS overhyped? Find out here...
A recent survey placed lawyers at the bottom of the home buying/selling process for the third year running in terms of value for money - but with many people unable or unwilling to tackle the legal side of things on their own, they're a necessary evil. So how do you go about getting the best value lawyers around? David Lawrenson tells us...
Property Secrets PRO members can read reaction from industry experts and experienced investors to many of our articles on the Property Secrets Discussion Forums.
Exclusive to PRO members, the Property Secrets Discussion Forums are a great place to chat with like-minded investors and get advice and opinion on property issues, including where to buy, what to buy, taxation, finance and property management.
The range of investment locations - both UK and Europe (and beyond!) - being discussed on our Forums at the moment is remarkable, as is the topics within them. Here's a selection:
S U N N Y H I L L Krakow, Poland » Low prices, averaging 6,560 PLN/sqm - 6.3% discount on market value
» Developer with 27 years experience in residential and commercial projects
» Excellent Location just 20 minutes by bus or tram to the city centre | 
Click here to view the Investment Report |
Property Secrets are pleased to offer this low cost, ideally located development in Krakow, Poland. Comprising 103 units, Sunny Hill, in the Wola Duchacka district, offers the investor the ideal opportunity to buy into a market that has already seen phenomenal growth but at prices that are much lower than other districts in the city. Excellent transport links into the centre make it one of the best developments in Krakow right now.
We have hand picked 25 of the best units in Sunny Hill at fixed pre-launch prices and all with secure underground parking. We have also negotiated exclusive payment terms not available to the local market. While everyone else must pay 20 instalments, Property Secrets clients will only have to pay four.
You can find out more about Sunny Hill by clicking here...
Development of the website continues unabated with the addition of both new features and, more importantly, new content, all geared towards helping you make better investment decisions and, ultimately, more money!
As well as the publication of our Albania Property Market Profile last week, we have added the country's capital, Tirana, to the Market Sentimentometer, so you can give your opinion on the risk vs reward Albania might offer. In addition, we have also added Constanta, Romania, following our successful investment opportunity, Residenz Constanta, in the city. So why not get rating now - we're keen to know your opinions on both these markets.
Our Investor Evening in London on Wednesday night was a huge success and we've had some good feedback already, not least from Peter A on the Forum. A big thanks to all those who attended and I hope you found it useful.
We have further Investor Evenings planned for February 15th in Birmingham and March 2nd in London, the latter based around the Homebuyer's Show at ExCeL, which we will be attending.
We also have Evenings planned beyond this in various locations - more on this when we have concrete details.
Happy investing!
Cheers
Chief Executive Officer
Property Secrets
ES