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Teacher in Rome
Joined: 09 Jul 2003
Posts: 1286
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 Posted: Wed Jan 21, 2004 9:05 pm Post subject: |
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| The only downside is that the deposit is relatively high. You're looking at having 15% up front. |
20% in Italy. Then about an extra 10% in legal and admin fees.
You sound like you're onto a winner with your place in the north east. I'd be interested to hear how you get on with your next buy to let. I guess you'd need to know the local area quite well in order to predict if it would be a high-rent area. Unfortunately, the only area I know is around London and the south east, which is ludicrously expensive. |
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shmooj
Joined: 11 Sep 2003
Posts: 1758
Location: Seoul, ROK
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| Posted: Thu Jan 22, 2004 2:16 am Post subject: |
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| RIght. I lived there for two years. But there must be someone out there - perhaps a specialised agency for this - who could advise you on where to buy. There must be forums and web stuff too. Never bothered looking. |
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