Saturday, December 11

Jumping On The Property Ladder

Yesterday, I bought my first property. Well ok, not quite - it's a share (with my father) in a flat leasehold.

In Sharjah.

I've been holding off buying in UK since it's so scary (what with prices being all over the shop). I think I've reached that stage where I'll only buy here if a) prices/the market become sensible or more likely b) I have to for practical reasons.

Sharjah seems like a good opportunity though, since prices aren't nuts (yet) and it will hopefully take a smaller amount of time to get a return on investment there. I wasn't actually looking in the UAE though - it's only 'cos my dad asked that I'm investing. Still, it's all a bit weird making such a big and important purchase without even having a look...

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