Comments by "Maverick Capitalist" (@maverickcapitalist1) on "Why I'm Not Buying Cheap Property in Spain or Italy" video.

Great points mentioned in this video. I still remember visiting Italy and Spain in 2011, and was quite thrilled by the scenery and really enjoyed the ambience and culture but unfortunately these countries are indeed not growing well economically and likely will continue in the future in other European countries, unless these countries can reverse their ways.
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I live in one of those countries which is Estonia, this place is definitely a country that an investor could have done very well with if they had bought 10 or 15 years ago, but as wages and lifestyles have gone up so have property prices and it seems to be a place that is on a bubble at the moment. I am not sure beyond this but am sure there are still some opportunities at moment, but more likely Latvia and Lithuania are still more price friendly and more options for investments.
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@stuarth1996 I am just familiar with property values in Tallinn but would not presume the values of properties rising in other cities so fast, such as: Tartu or Narva (Estonia/Russian border city). As for average returns I imagine it greatly depends on type of property, location, and type of owner. What exactly do you mean by "landlord friendly"?
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@stuarth1996 Yes indeed Tartu and Narva are two of the major secondary cities of Estonia. In Tallinn right now, due to the situation the world is experiencing right now, it is very emptied of foreign people at moment which means many landlords also have vacancies. From what I have heard many landlords are also having a difficult time, and would imagine recently many properties have hit the market or will be hitting the market in the next few months. The return for a 2 bedroom apartment I can inquire to some Estonian contacts of mine here to get an idea for you. About the "landlord friendly" question, Estonia being part of the EU definitely is in the middle area I would think. In Estonia, it is likely in the middle for this issue but also depends on the landlord and your relation to this person. In my case for example my brother had started renting from my landlord 2 years before I had even moved here so this already carried a level of trust with my landlord. If you have a personal connection like this, it helps quite a bit being that Estonia is such a small country, word will get around quickly that a tenant has not been paying and problems could arise if this tenant wants to find a new place to live. There are many times here where landlords will choose not to rent their apartment to someone if they are from the "third-world" and they don't seem like a dependable tenant, and this is possible in most cases, being Estonia doesn't have strict laws in this area as other countries such as USA.
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@J10044 I did not realize that about Crimea but makes sense. I am looking at buying property in St. Petersburg, Russia next year but am aware that Russia has slowly opened up opportunities to foreign buyers and with a residence document a foreign person can even built a credit score and have access to credit lines. In Ukraine, not sure what will happen their but it seems like western influence in that country has perhaps inflated property prices. I cannot imagine what that has done to Ukranians who would like to buy properties in Kiev and if that price trend will continue in the near future is very unsustainable for the country to be about Ukranians and not a foreign capital.
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@J10044 Yes the Baltic states have already seen their rise, and too late in the game at this point for those high returns. About Belarus that is what my brother has told me and would likely be the place to invest in at this point a good time to get in, not sure how documentation works on those matters to buy properties.
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