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Holiday cottages/apartments overseas - 2006/07/06 09:34 I am also interested in the holiday cottage/apartment business. A friend of mine made a great success of this in Brittany. I hear that at the moment Bulgaria and Morocco are popular places to get started.

I have a significant amount of overseas experience, so I think this may well be a good business for me to go into.

I would be interested to hear other peoples views/ideas on this topic - such as which are the best countries for this type of business at the moment, and in the long term.
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Re:Holiday cottages/apartments overseas - 2006/07/06 16:10 TGH: Investing in property a great distance away could possibly be more trouble than it's worth, unless there is an on-site management company to handle matters that need attention. You should expect them, at the very least, to inspect your investment before and after each vacationer leaves; collect and deposit your money; Provide details of any expenses needed (carpet cleaning; painting, etc.).

I don't mean to scare you away. In fact, I stopped myself from investing in a beach-front area because of this concern, though I regret it because I most likely could have found a property that had on-site management as I stated above.
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Re:Holiday cottages/apartments overseas - 2006/07/06 18:09 Thanks for this, Coda. Yes, unless you are actually on the spot, as it were, you would have to get a reliable company to manage your property.
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Re:Holiday cottages/apartments overseas - 2006/07/08 06:08 telegraph.hill: If you are interested in holiday cottage business overseas - it would be great if you decide to get in touch with me.

I am a sole developer from Bulgaria. I invest my own money to develope a holiday village.

This is my add in this website http://lgr.net/property/advertising/component/option,com_hotproperty/task,view/id,521/Itemid,26/

I need a partner from UK . For several reasons. Most important of which is the marketing.(british are the most serious buyers here in Bulgaria) . Second reason is that Brits trust Brits overseas .
The third reason is I need second opinion in taking decisions - two heads are better...
And the final reason is probably - co-investing . But it is not compulsory.

It would be great if you have a time to come over and see the spot with your eyes. You will see - how I build, how I deal with the simple workers, architects, crafters, municipality authorities ... and much more ....


A coleage of mine HAS such a british partner, in other part of Bulgaria. I was there ands saw with my eyes the scale of the business they atchieve. and all comes from the good cooperation - one is building and running things locally - the other is doing excellent job in marketing in ok.

FAST and good return of invested money
Get in touch
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Re:Holiday cottages/apartments overseas - 2006/07/09 06:16 ive read that the market especially in the uk is amazing for buy to let.
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Re:Holiday cottages/apartments overseas - 2006/07/09 10:48 Wow - Vodopada, those houses look gorgeous. So are you based in Bulgaria, then?
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