Ok that is bitter. But at least you are building something for children and grandchildren
Uh no. We will rather move away from here sometime. For example, when the children finish school. I definitely won’t spend 1.2 million for a 140 sqm semi-detached house with a green strip and a garage. Currently, we pay about 1500 warm for a 100 sqm apartment with garden use.
Uh no. We'd rather move away here sometime. For example, when the kids finish school. I definitely won't pay 1.2 million for a 140 sqm semi-detached house with a green strip and a garage. Currently, we pay about 1500 including utilities for a 100 sqm apartment with garden use.
Ok, I can understand that. I currently pay about €100 interest monthly for my 150 sqm house. The rest basically goes into my own pocket.
I definitely won't pay 1.2 million for a 140 sqm semi-detached house with green space and garage. Currently, we pay around 1500 warm for a 100 sqm apartment with garden use
Apart from the fact that this doesn't add up (you pay 1.2 million in interest over what period?), you must not compare the two properties when considering whether it's worth building instead of renting. You have to compare with the rent of a comparable property. Net cold rent vs. interest + non-transferable ancillary costs.