Anyone have experience in higher risk countries?

[Sean Almeida]

Hi all, I am co-owner of a real estate agency in Kiev, Ukraine. We are seeing a huge uptick in interest from foreign buyers looking to do buy-to-let in downtown Kiev. No credit is available, but yields are 10-14%. I'm curious about the general attitude towards these kinds of transaction from American investors and other real estate professionals. Also, I would be very interested to hear from anyone who has dealt with this kind of market who can share some positive or negative stories. I only have real estate experience here in Kiev, so I'm really looking to get a broader overview. Thanks, Sean

[Greg Scott]

@Sean Almeida  I've lived in Latin America so am familiar with the type of risks you mention.   Personally, yields of 10% don't excite me.  I can easily get that here in the US without the political and currency risk.

Now if you could show I would have 10% yield with a likely 100% valuation pop in a couple years, that gets more interesting.