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Unfortunately I haven't been back in far too long, so my currency in the area and what the developments are is limited. That's a decent yield, not amazing, but for the price you're buying I think a buy and hold will reasonably quickly increase that yield. Good luck!

Are you referring to the weapons site albanga? They need to clean it up first, but I'd say within the decade it will have been sold for peanuts to a developer.

It's probably a matter of supply (oversupply)? What kind of yields are you thinking are available?