Wikiposts
Search

Notices
Middle East Many expats still flying in Knoteetingham. Regional issues can be discussed here.

IP Global

Thread Tools
 
Search this Thread
 
Old 23rd March 2018 | 17:48
  #1 (permalink)  
Thread Starter
 
Joined: Jul 2016
Posts: 1
Likes: 0
From: Gatwick
IP Global

Hello everybody, have any of you done any property investment with IP Global. Well I have and I have to say that from my experience I’d discourage you from going anywhere near them. They work on a 20% down payment on their projects, a sort of sold unseen. Which means your are contractual obliged to complete or loose your 20%. So if the property promised doesn’t fulfill the sales pitch you stand to buy a lemon or loose your 20%. If you’d like some more explicit info on my experience I’m more than happy to share.
Flyinghog is offline  
Reply
Old 24th March 2018 | 07:07
  #2 (permalink)  
20 Anniversary
 
Joined: Apr 2003
Posts: 1,034
Likes: 2
From: UAE
Welcome to the Dubai property market (aka “Roulette”). It has been like that since it started nearly 20 years ago.
BigGeordie is offline  
Reply
Old 24th March 2018 | 12:47
  #3 (permalink)  
 
Joined: Jul 2000
Posts: 213
Likes: 0
From: bahamas
I just don’t understand why you would trust some company to do your real estate investments .
A studio in JLT will return you nearly 9 % a year . It is not that hard to manage and actually the property market with RERA and etc has become very easy to navigate .
thatwasclose is offline  
Reply
Old 27th March 2018 | 05:13
  #4 (permalink)  
 
Joined: Dec 2006
Posts: 308
Likes: 0
From: Behind you
Originally Posted by BigGeordie
Welcome to the Dubai property market (aka “Roulette”). It has been like that since it started nearly 20 years ago.
IP Global does not “invest” in Dubai properties.
It targets UK, US and OZ.
People made good returns on SOME of their projects.
As always, do your homework before committing.

MS
my salami is offline  
Reply
Old 27th March 2018 | 08:36
  #5 (permalink)  
20 Anniversary
 
Joined: Apr 2003
Posts: 1,034
Likes: 2
From: UAE
I'm surprised any property developer in the UK, US or Oz requires a 20% downpayment off plan. That alone would set alarm bells ringing.

As Salami says, do your homework.
BigGeordie is offline  
Reply
Old 27th March 2018 | 23:16
  #6 (permalink)  
short flights long nights
50 Countries Visited
25 Anniversary
 
Joined: Aug 1999
Posts: 4,018
Likes: 327
Wasn't there another mob doing investments in overseas property? Seem to remember its founder had to get on an aircraft at very short notice and was never heard of again!
SOPS is offline  
Reply
Old 28th March 2018 | 06:39
  #7 (permalink)  
 
Joined: Apr 2008
Posts: 55
Likes: 0
From: Dubai
Have a property (2 bed flat) in manchester bought through IP global in 2016.

Other than completion of the build being slightly delayed (which was all communicated promptly and accurately) we had no issues with them.

Flat has now been rented out for over a year and no issues either with the quality of the build or any of the paperwork.
FLEX/MCT is offline  
Reply

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.