FROM GUY AND VICKY � 2ND PROPERTY LETTER.

Posted by admin in Property Letters | May 19th 2002

FROM GUY AND VICKY – 2ND PROPERTY LETTER.

19 TH MAY 2002

NOTES AFTER 10 DAYS IN FRANCE.

Our e-mail address – accessing here daily without a problem – watsies@mweb.co.za

Exchange Rate – Approximately – ₤60 = €100

Vicky and I have returned to Italy for a weekend of consultation with respected family and friends (James, Kate, Bill and Ross). What we have seen and learned in France has been very interesting and encouraging, to the extent that we will return there on Tuesday for a further two weeks, and cancel all plans to go to Spain and Portugal. This was always going to be an option if prospects in the country of our first choice ( France) looked good, as they do.

I must however emphasize at the outset that the property we have concentrated on seems a very good wealth builder in the medium and long term, but it is far less certain that it will provide sufficient income on its own for a family to live off on a month to month basis.

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