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Expat Investing in the Swiss Alps & Italian Dolomites Stephen McPhilemy & Dave Waters
Manage episode 324450023 series 3334810
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On this Summit Roundtable we discuss the ROI and lifestyle of hospitality investing in the Swiss Alps and Italian Dolomites and Italian home buying from USA. Featuring Rick Steves’ Tour Guide and Swiss Hotelier Stephen McPhilemy and expat Italian real estate pro and social advocate Dave Waters.
Check out Hotel Oberland or Connect with Stephen on his website.
Connect with Dave on his Youtube Channel.
Sponsored by: Sustainable Investors Group
Stephen is Ireland’s foremost travel expert and tour guide and featured on the PBS show Rick Steves’ Europe. He decided to create a “pension plan” and pooled investor funds to buy a historic hotel in Dingle, Ireland and a mountain chalet hotel in Lauterbrunnen, Switzerland.
Dave grew up in Idaho but moved to Lombardy, Italy where he has created an amazing Youtube channel informing and inspiring American investors to find their dream vacation or retirement home off the beaten path.
Today we’re going to listen to them brainstorm about how to integrate and give back to the communities in which they are investing. Also great discussion on how to size your hotel for optimal ROI and how to create a lifestyle you love.
If you dream of retiring in the Italian countryside or skiing the Alps out of your back door, then this episode is for you!
INSIGHTS AND IMPRESSIONS
We dig deep into the key features of what makes good investment on hotels, even now during covid times. A few key insights are to avoid smaller hotels as the time, money, and work required is about the same for a 10 vs 30 bedroom hotel.
Unlike America, most European countries and even states or counties have very distinct personality, language and cultural preferences. Both guests are avid language learners and suggest you dive into the culture and avoid the “us-vs-them” mentality as an expat.
Getting involved in local sports clubs or hobby clubs as a sponsor is also a great way to show support outside taxes.
If you’re ready to take the leap into Europe for your real estate business, then this episode is for you!
“The word heaven comes to mind, when looking out my backdoor.”
Learn how your green can grow more green for your portfolio and the planet! Visit us here for everything you need to know: www.sustainableinvestorsgroup.com
Schedule a call where we can discuss your investing needs, outdoor adventure plans, or just to get to know each other.
Special thanks to Stephen McPhilemy and Dave Waters for taking the time to share so many great insights with us.
If you enjoyed this podcast, there’s a couple of things we need you to do right now:
- While your there, please RATE & REVIEW the show
- SHARE with friends
- FINALLY, please join our FACEBOOK GROUP: SUSTAINABLE INVESTORS GROUP
Then, please share the show with whoever you think it will inspire.
Until the next time, Climb Your Mountains.
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