Investment Property Rumours

Hi Folks! Apologies for our lack of posting of late, however albeit a little slow, we bring the news that our old chums MRI Overseas Property Limited in the UK would have appeared to call it a day! Yup, closed the doors. (Oh no, hold on a minute, the offices they were using are now mysteriously being used by DCC International Property, another property company that happens to have some former MRI directors involved ) Announced it would seem by the infamous Dominic Pickering on the 12/10/2009, a copy of the announcement can be seen on this link here from the London Gazette quoting ... Read Full Story

Being a fairly popular blog, we have a reasonable number of subscribers now, amongst which a sizable number are unsurprisingly people from within the industry. One such reader is Chris McCarthy, man behind Viva Estates. We had heard a few stories of a return, and having written about Viva Estates and Chris in the past and him having commented on our musings, we thought we would fire over an e-mail and get some input from the man himself in a bid to get some direct comment from one of the old school movers and shakers in the business. Investment Property Rumours: I see that ... Read Full Story

Hi Folks, Hopefully (although unlikely) this will be the final episode in the Bait and Switch series. We say unlikely on the account that there appears to be no limit as to what gets said or done by the "Leading Overseas Property Company" We have our Legal Beagle at the ready as you can see to carefully look at what we write and make sure we are being good. Last week CaboVerde24 had a letter issued to its hosts by MRI's lawyers, demanding that they take down/remove content about them, not unusal one might think, being as almost everyone on the planet has been ... Read Full Story

Well folks, pending the consolidation and final draft of our story on "Strange Bulgaria Seminars" we thought we would wrestle with the very confusing situation regarding VAT on furniture in Bulgaria. So far (that we know of) we can only find a couple of companies that appears to be the cause, and you guessed it, it's MRI, and loosely mentioned are Bulgarian Dreams. Now, as per usual, we need to insert a disclaimer here. Apologies for any boredom it might cause, but it has to be. Investment Property Rumours is purely relaying and consolidating information that is freely available on the internet, which is ... Read Full Story

As most of you will have seen in the press by now, Fortuna Estates in it's various guises has been widely reported on by the press in most of Europe, with several bloggers and apparent authorities simply copying and badly translating the El Pais article, each adding some interpretation or another as they go. Now some of that has died down, The Investment Property Rumour Mill brings you the actual story, with many tantalizing connections to the boiler room industry, A world famous arms dealer, One of the largest banking cons in living memory, a car rental company, one of the largest telephone company ... Read Full Story