Hello,
we live in a rental apartment that someone owns and is managed by a real estate company. Otherwise, many condominium owners live with us, with whom we have also had conversations. You should definitely buy a condominium where many people live. Because the "Hausgeld"/additional costs also have to be paid, it can actually be cheaper to be the "master of the house" yourself, because you share the additional costs with the other owners, like heating, caretaker services, garbage, etc. However, if an apartment is vacant or several are, the so-called Hausgeld increases again to compensate for the additional costs. This can become costly for the owner again. Also, when buying a condominium, check whether there are sufficient reserves. If in one or two, just an example, years a roof has to be replaced, which would cost a total of 40,000, and there are only reserves of 15,000, then it has to be supplemented by the owners or money. It is best to inform yourself well beforehand :rolleyes:. It is best to ask condominium owners who also use the property themselves. Investors/ yield objects, on the other hand, are hard to reach (because of info). Whether rent is cheaper depends on what you want. Simple equipment or upscale. Or if you live like, for example, in Munich, then it looks different again. And that includes fixed costs, additional costs, and income and expenses, etc. Or graduated rent :confused: