oz banks wont lend you money for overseas property and overseas banks wont lend to foreigners. so you need cash. rental returns are a lot higher since the gfc. friend of mine is moving to paris next week for work. leaving his 1.5 acre 6 bed , pool etc here for a 2bed apartment. his rent will be 50% higher than mortgage payments here on a 800k property.
if you've got cash then there are opportunities.
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