ETW - Internal bathroom

I'm always surprised that people still buy as an investment despite the high prices. Apartments in our area have a maximum return of 3%. You'd be better off with an ETF.

Apartments in our area have a maximum return of 3%. You’re better off with an ETF.

The (absolutely illogical) approach, however, is that many people invest the majority of their wealth in real estate, but are quite hesitant with stocks/ETFs. I include myself in that and have only about 1/4 in stocks. When you compare this with a (capital investment) condominium in which 100% of free assets flow, the return in € is comparable (equivalent to 12% with ETFs/stocks). Also, depreciation and appreciation of the properties must not be neglected in the comparison. The total return must therefore be calculated from rental income, tax depreciation, and value gain for the apartments and dividends + value appreciation minus capital gains tax for the stocks (I assume that the condominium is held for more than 10 years).

If the minute-by-minute selling price were listed next to the property, the world might be a different one.

Thank you all – by now I’m bothered by the large homeowner’s association and the fact that it’s just the 1st floor and no longer a penthouse. Under my future balcony would also be the underground garage entrance. I’m probably every realtor’s nightmare... at least in times of low demand (which is not the case)

I think you’re doing exactly the right thing. For that much money, the "product" should be satisfactory. Your "negative points" are all understandable to me. However, I belong to the people who would rather give up square meters than a bathroom with natural light. And if I understand you correctly, the balcony is also almost unusable, or am I mistaken? I want to encourage you to look for a semi-detached house or a terraced house.

And if I understand you correctly, the balcony is almost unusable too, or am I mistaken?

Practically only suitable for car spotting

Practically only for carspotting

Thanks, learned a new word again, even if carspotting won’t become my hobby. However, I always keep an eye out for prototypes.