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Does it sound like a plan?
Real estate seems a more reliable investment in a long term as it is not affected by economic turmoil as much as stock markets. So you find somewhere in Barcelona apartments for sale since this city is crazily popular with tourists, buy it and rent it out on short term lease. Short term rentals promise decent returns - about 5-7% yields. Hiring a management company helps to avoid problems with finding new tenants. Its service costs 20−25% of the total rental revenue but the expenses will be rewarded with higher occupancy rates. Voila! You are rich (but maybe just after 15 years)
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