Thursday, January 22, 2009

Just the ticket

House on the market and not selling? You might want to investigate Traude Daniel's method of "selling" his villa in Austria - it was 1st prize in a raffle he organised. The 9,999 euro99 (approx AU$200) tickets sold out within days - which you might expect for a luxury villa worth euro830,000 (approx AU$1.6 million). Difference between villa value and ticket revenue = euro159,901 (approx AU$316,000) in Traude's favour, leaving a tidy sum left over after expenses - and no worry about buyer finance falling over.

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