Financial planning for a condominium

  • Erstellt am 2020-02-04 02:43:08

11ant

2020-02-04 18:58:30
  • #1
Resignation is not the goal of the warnings. From my point of view, there is one point as homework (namely, to look for an answer to the aspect of old-age poverty) and one point that simply(?) needs to be replaced, namely the dreadful example object. The overall motivation is not wrong because of that.
 

Tassimat

2020-02-04 22:55:54
  • #2
I would find it quite interesting to thoroughly calculate with a usable example property.



Yes, perfect: Better a new-build apartment for 200k than a fixer-upper for 150k + 50k renovation. What is exciting is what "from 200000" actually means in your area in reality.
 

nordanney

2020-02-05 08:20:00
  • #3
It's just the deepest Ruhr area. Here, good new builds start from €3,000 per square meter. The land acquisition cost is very attractive - but hardly any building is done because rental prices hardly make new builds profitable. Thousands of apartments stand empty in the Ruhr area (no longer rentable due to quality) and at the same time there is a shortage of decent (and affordable) housing.
 

guckuck2

2020-02-05 12:21:18
  • #4

Sounds like a paradise for investors, or not?!
 

nordanney

2020-02-05 12:39:11
  • #5
The ratios are no different than in other cities (except maybe overheated areas), but the absolute prices are significantly lower. AND: The reputation of the Ruhr area is not really good. It's no coincidence that some of Germany's largest housing companies originated in the Ruhr area/NRW and also have large holdings there (Vonovia, Vivawest, LEG, among others). As a private investor, you should only invest if you know the region - even better the city - well. There is also a lot of rubbish on the market here. But that's basically as always: shoemaker, stick to your last.
 
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