It is indeed a very good idea.If someone want to invest in Caribbean Real estate.
First of all Is it a good Idea to invest in Caribbean Real estate?
If yes that what are the good hassle free solution for Real estate investment ?
They will rip you off. Much better to invest in a more modest property (3-4 stars) and hire people to manage it.Well I am biased as I went all in on real estate there after selling my bond portfolio.
You may want to look at hotel residencies for sale. These are apartments that are attached to a major hotel chain. You need to work out the rental income side to see if it makes sense. But the property will be well managed as Hyatt, Atlantis etc all have reputations and standards to protect.
They will rip you off. Much better to invest in a more modest property (3-4 stars) and hire people to manage it.
As if Europe was any betterDo not do this in the Caribbean...lol.
If I do not care about the yield. I just want to positive cash flow. Any yield is acceptable. I do not want any month where I own them a money....But the property will be well managed as Hyatt, Atlantis etc all have reputations and standards to protect.
If I do not care about the yield. I just want to positive cash flow. Any yield is acceptable. I do not want any month where I own them a money....
For this purpose Is it good investment ? Hyatt ....Atlantis
Classic scam: overpay for a property and receive a guaranteed return on it, and other variations thereof. Better to stay away from hotel chains/resorts, they will play all the tricks of the book against you.If I do not care about the yield. I just want to positive cash flow. Any yield is acceptable. I do not want any month where I own them a money....
For this purpose Is it good investment ? Hyatt ....Atlantis
Which country / island would you recommend the most? pro/cons?Well I am biased as I went all in on real estate there after selling my bond portfolio.
You may want to look at hotel residencies for sale. These are apartments that are attached to a major hotel chain. You need to work out the rental income side to see if it makes sense. But the property will be well managed as Hyatt, Atlantis etc all have reputations and standards to protect.
Which country / island would you recommend the most? pro/cons?