Investor Protection

Not Every Qualifying Property Is a Good Investment

A property can satisfy a programme's threshold and still be a poor asset. These are the checks we run before we put anything in front of a client.

Three filters, in order

  1. 01

    Eligible

    Does the property legally qualify under the programme? This is a yes or no, and a no ends the conversation.

  2. 02

    Financially sensible

    Is the price close to what the property is actually worth? Meeting a threshold says nothing about value, and a property bought to clear a threshold is usually bought badly.

  3. 03

    Exit ready

    Can it be let, and can it be sold when the holding period ends? An asset you cannot leave is not an investment, it is a commitment.

What we check before you invest

Twenty questions, asked in the same order every time. They are written as questions because that is what they are — each one has an answer we hold on file, or the property does not go forward.

  • 01Who is the developer, and what have they finished before?
  • 02What do the developer's accounts and filings show?
  • 03Is the title deed clean, and is it in the seller's name?
  • 04Who has owned this property, and when did it last change hands?
  • 05Does the property satisfy the programme's eligibility rules?
  • 06Is the seller a REIT (GYO), and does that change anything here?
  • 07Does the official valuation support the price being asked?
  • 08Is the seller eligible to sell to a citizenship applicant?
  • 09Are the building permits in place and current?
  • 10What stage is construction at, and against what schedule?
  • 11What have comparable properties nearby actually sold for?
  • 12How does the price per square metre sit against the district?
  • 13Is there real rental demand here, or only projected demand?
  • 14What net yield does that demand support after costs?
  • 15How quickly does stock like this resell in this market?
  • 16What is the exit, and what does it depend on?
  • 17What costs are not in the headline price?
  • 18What is the VAT position, and does an exemption apply?
  • 19What will the title deed transfer actually cost?
  • 20What happens if the project is delivered late, or not at all?

The Multi Mulk Investment Score

Every property we recommend is scored out of a hundred against eight weighted factors. The weights are published here because a score whose workings are hidden is a number, not an assessment.

FactorWeight
Citizenship safety20
Developer strength15
Location15
Price against market15
Rental potential10
Resale liquidity10
Capital appreciation10
Delivery risk5

A score is one assessor's judgement on a stated date, not a forecast and not a guarantee. Every score carries the name of who made it and when. Ask us for the reasoning behind any figure.