Tolentino
2022-07-07 16:49:39
- #1
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.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