Did you know that all areas are zoned for commercial or residential and within that zoning you will have further zones including short term rental, long term rental, owner occupier and holiday rental.
Should you purchase a property in a long term rental zone and rent it to holiday makers or on a short term let basis you can be prosecuted, similarly if you buy in a rental zone and decide to live in it!
So be wary about buying property in Ameruca now, prices are still falling…
You can get the proper guidance before you buy.
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