Dare Property
"Balkan new boy," A Place In The Sun, August 2007
Nick Dare of Dare Property says, "Echoing markets such as The Czech Republic and Poland five years ago, foreign developers are now starting to develop residential schemes in Serbia. Rental yields are higher than average for Central and Eastern Europe and Serbia also has CEE's lowest rate of corporate income tax, at just 10%."
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"City Slickers," Inflight Magazine of Wizz Air, February - May 2007
"Warsaw is not considered to be a weekend tourist destination in the way other cities like Prague are," says Nick Dare of Dare Property. "So Britons buying in the city should look for well located pure investment properties to let to the growing local professional middle classes."
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"Into Pole Position," The Times, September 15th 2006
Nick Dare, MD of Dare Property, says it is well worth looking beyond the largest Polish cities for the best returns. "Poznan is a growing commercial and university city in west Poland," he says. "Prices there have been growing off a lower base...."
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"The Great easy-Jet In-flight magazine Property Survey," July 2006
....says Nick Dare: "First of all, particularly in the new EU countries, title ownership is crucial. You must have an independent lawyer who can verify that the person selling you the property actually owns it and the site."
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"East v West," A Place In The Sun, June 2006
But property prices aren't the whole story of economic growth, as Nick Dare of Dare Property explains: "There is sometimes a tendency to assume that if property values are low compared to, say, the U.K, then they must increase. When considering non-property specific levels of demand, investors need to consider economic growth prospects, the level of unemployment, local wages, taxes, interest rates and the availability of mortgages, the level of foreign direct investment, social and demographic trends, currency risks and the political climate."
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"Emerging Europe," Property Investor News, March 2006
But Nick Dare, an independent property consultant says, "There are signs that the top end of the Prague and Warsaw markets have peaked and that prices have fallen in some cases." Nick Dare says that money can still be made lower down the housing ladder, particularly in less well developed markets."
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"The 20 best places to make money," A Place In The Sun, March 2006
Poland. Poland's demographics and social conditions are changing rapidly with an agricultural economy giving way to technology and the service sector says Dare. At present, around five per cent of the population lives in Warsaw and this is set to double over the next 10 to 15 years.
Slovakia....attractive tax concessions for foreigners is encouraging strong investment in new-build developments in the capital and nearby towns, reports Nick Dare Managing Director of Dare Property.