Sunday 27 September 2009
Jet villas and buying abroad
Hi everyone, welcome to my first blog!
I'm Johnny, and over the last 4 years have developed a website called Jet-villas.
We started advertising property investments in Florida and Bulgaria, following purchasing our own villa in Florida and in Bulgaria, the buying process was easy but as the economic climate changed in late 2007 we decided to focus more on holiday rentals; and to help people increase their own rental potential.
Buying abroad isn't easy and can throw in the odd challenge or two or three. It's not just the buying, it's the after care, the marketing, the rental income, the customer care, the feedback etc.
How do you market 2 properties to family and friends?? Well read on.....
After my first purchase in Kosharitsa, Sunny Beach I decided to go it alone and purchase a ski studio apartment in Bansko, off the internet without viewing.. Why? I don't know, it just made sense at the time and I heard Bansko was going to boom, following their application for the Winter Olympics.
Having seen the property now and the development, it looks excellent, the only problem is no one is lending, so making the final payment is a nightmare!! And still on-going. Could I lose the property?? Yes! and 10 years of savings!!
So here I am telling you about the problems I faced, why? Well, I suppose I'm being honest with you..
So, over the last 12 months I've thrown myself into Jet-villas holiday rentals, looking at what other holiday owners are doing and starting to manage a number of their properties abroad; and to try and recoup some of my 10 years of savings!
The great thing about doing this blog is hopefully being able to read what other people have faced and learning from them.
So we continued to develop our website www.jet-villas.com and have created a fan page on Facebook www.facebook.com/jet.villas and you will see we offer information on late deals, flight prices and new villas/apartments on Twitter www.twitter.com/jetvillas
If you're a holiday owner and would like jet-villas to manage your property then get in touch, our aim is to increase the number of properties we have to 50+.
Or if you're looking for a holiday and want to stay in one of our luxury villas or apartments in Bulgaria, Florida, Cyprus, Spain, Italy or Dubai, then either join our page or email John@jet-villas.com
Stay in touch and I'll continue to update you with my purchase in Bankso
Best Regards
Johnny!
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