Kilroy’s Off Plan Property Investment is ‘nice little earner’

Kilroy Silk's off plan property investment is earning him a pretty penny. The Euro MP has a luxury home in Spain that through rental alone is bringing him in around £11K a week!
 
Feb. 25, 2009 - PRLog -- Robert Kilroy-Silk, former TV presenter and the European MP is making a great return on his property investment in Spain.  

Recent reports state that by renting out his luxury 11-bedroom villa he has been earning 12,700 euros (£11,764) a week.

The villa, with two swimming pools and 150-acre gardens, is situated near the town of Casares in the Malaga province. It’s a beautiful location is a hot spot for wealthy
holiday makers, according to Andalusian newspaper the Olive Press.

http://www.ready2invest.co.uk/investments-and-opportunities/spain.aspx

"He has been renting it for the last seven years. I think it has been a good earner for him" said a property agent to the newspaper.

Since acquiring the property Kilroy-Silk is believed to have invested in renovations and visits his luxury villa at least once a month.  

There are also cottages rented out on the grounds.  A recent chart from homesoverseas.co.uk concluded that Spain is the most popular place to search for property online.

http://www.ready2invest.co.uk/investments-and-opportuniti...

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We are one of the fastest growing property investment companies in the UK. Our Brighton based company has sold over €400million off plan investment property across 16 countries to thousands of investors, at discounts to market value of up to 40%.
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