The most important thing is not whether
Posted: Sat Dec 28, 2024 6:54 am
Since freehold is a permanent title, should we only buy freehold properties? In my opinion, if there are two houses next to each other, one freehold and the other leasehold and all other features are the same – choose the freehold property. But if the price of a freehold property is too expensive, and you're buying it to live in, it's okay to buy a leasehold one. The important thing is that the house meets your and your family's needs.
Even if you buy a house for investment, it is freehold or leasehold. czech republic whatsapp database The main thing is whether the house can provide good returns in the future. 7) Consider the Costs and Benefits of Strata Properties Strata properties like apartments and condominiums have additional costs that you have to pay, namely maintenance fees and fire insurance. Check these costs before buying and factor them into your monthly budget.
In some places, maintenance fees can be as high as 50 cents per square foot. Apart from that, strata property also means that you are bound by the rules of the residents' association. Some of us may find these rules annoying. For a landed strata house, for example, if you want to make external renovations, the management may not allow it. This rule is not actually to inconvenience residents.
Even if you buy a house for investment, it is freehold or leasehold. czech republic whatsapp database The main thing is whether the house can provide good returns in the future. 7) Consider the Costs and Benefits of Strata Properties Strata properties like apartments and condominiums have additional costs that you have to pay, namely maintenance fees and fire insurance. Check these costs before buying and factor them into your monthly budget.
In some places, maintenance fees can be as high as 50 cents per square foot. Apart from that, strata property also means that you are bound by the rules of the residents' association. Some of us may find these rules annoying. For a landed strata house, for example, if you want to make external renovations, the management may not allow it. This rule is not actually to inconvenience residents.