Originally Posted by frank tarsitano

Vacation Property Investments

Yes….we all know that during these hard economic times many people are keeping their small savings in the bank but it is the smart investors and government that are buying up properties at the moment.

“Its time to buy”

How can we invest when we don’t have large individual sufficient funds to purchase a property?

Well! I have a solution to discuss with those individuals who find themselves in this type financial situation…During are group property site inspection tour this summer along the Calabria Riviera hopefully are guests will not come home empty handed or disappointed. Like many corporations around the world with large share holders their nucleus of financial purchasing power comes in the form as a group.

In Calabria, as a group of thinking individuals; we will be discussing the first of several property acquisitions. One property example; “Vacation Property Investment” is a beautiful hotel with 13 large one bedroom suites located walking distance to the beach in a sought out area along the Riviera. For the critics out there... this is not a “time sharing” proposition.

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Our group, after viewing the property we will evaluate and discuss the risks and options of this particular vacation property investment. In this particular case, we will be given an opportunity to become the owner and purchase a one bedroom apartment suite for a total investment purchase of 36,000 Euros. The purchaser will also have the option of becoming a shareholder of the hotel operation at no extra cost. There is nowhere in Italy, that you can purchase a one bedroom apartment in a similar location for this amount of money. Let’s be honest, at this price we have purchased useless Cars that we eventually scraped and received nothing in return.

This is a great vacation property investment method for individuals with minimal capital. Why? The one bedroom apartment suite becomes your property for the rest of your life along with 10 other investors in our group who will also own one bedroom apartment suite each. You will also have the option of renting out your own suite when not using it for extra rental income.

Without having to sell your property, the rental income will return your initial capital investment with in a short term period. Owners who decide to take part as shareholders in the hotel operation may also benefit from the potential hotel’s profit sharing revenue generated from the restaurant sales and remaining suites.

It might sound a little complicated and many of us will have plenty of questions but we will go into more detail regarding this type of “vacation property investment” verses other property investments during our tour.

Today… Its time to buy and start your real estate portfolio... we can no longer depend on our company pension or old age security plans... as they may no longer exist tomorrow!

Frank Tarsitano
Broker & Land Developer
Calabria, Italy
www.italysouth.org
The Global Property Group Ltd
Remax, Paola Marina, Italy