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Two French investment/development grade properties have come onto the market this week.
- 125 ha near city and with excellent access. Suitable for development as winery and agrotourism. Priced under Euro 10 million plus stock.
- 250 ha also near city and sea. Excellent access, small vineyard already has some agrotourism activities. Suitable for further development. Prices under Euro 5 million plus stock.
These properties are the type that businessmen and politicians in unstable third world countries can safely invest. They can either invest directly in their own names or they can invest anonymously through Switzerland etc. At this time of recession profits cannot be guaranteed and we, as a management company, strive to breakeven each year, however, the investor may have to top up running costs from his own pocket. What is offered is an investment in the EU in land that, even in the worst of times, is unlikely to loose money over the long haul. I suspect that many in countries such as Zimbabwe wish they had protected their assets in this way and those in power should consider such investment as, as in many developing countries, power is transient.
From my experience investment quality properties are unlikely to be on the market for long (days and one or two weeks are the norm, NOT months and years) even in recession and if investors are interested they should act immediately. Even if these properties are not of interest investors would be well advised to set up the investment structure of companies, bank accounts etc. so that they are in a position to move quickly when opportunities to invest arise and lock in the transaction. Investors should be made aware that transactions usually take over six months to close and ownership transferred.
Contact: xystus54g@xebec.demon.co.uk
in confidence.
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