[imported_bingobazza]

Theres a very good reason for low indian property prices...the property law there is archaic. Property is a good bet though with that much money. Since its gambling winnings, I would look at a buy to let, with 75-85% Loan to value, meaning you are shopping for something between $200-$330k. The surer you are, the higher you should go. Since you are in the Americas, try Buenos Aries....its dirt cheap now since the revaluaiton compared to what it was like, coupled with the depreciating dollar against the local currency you could get a double whammy in 5-10 years in dollars. Im looking for a 700k - a million dollars of this investment in 10 years, after mortgage repayment, and passive income of around 1.5 - 2.5% of the property valuation above mortgage costs....if borrowed in US. So, at 2.5% on $330K, its just under $700 a month income, maybe a little less with maintenance and fees etc. About 6-8 years to get your stake back in income.

Bingo