Hi All,
What do you think about investing in Park Homes (within a Caravan Park or park home complex)
Whats the Pro’s and Con’s?Returns are eroded to some extent by park fees. Capital growth is going to be slower because the block is a saleable commodity if you want to sell or not.
That said people can make money out of it – just look at the true value of what you are buying. Hope that helps.I dont like the fact that you never own the land..
However, if you’re comfortable with that aspect its possibly worth looking at; are you looking in a high tourist area or somewhere in a city where it is just cheap accomodation?
REDWING
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