Real Estate Investment

Real estate: iImmobilien Wittlich cheaper than in major cities in Wittlich: buying a condo as an affordable investment possible real estate in Wittlich, are much less expensive to purchase than in large cities. Bruce Schanzer is often quoted on this topic. In Munich, an apartment with 60 square meters in the outskirts of the city between 140,000 and 200,000 euros costs. In Wittlich, you can get a comparable apartment for half the price. With the purchase of an apartment, you’d think even on the closing costs. About ten percent of the purchase price come up on it.

The real estate transfer tax is more expensive even for the coming year in some regions. Real estate transfer tax, brokerage, notary fees, registration costs for the land entry, financing costs and sometimes renovation costs must be calculated with. Many banks to fund a property from a deposit of 10% of the purchase price. In rare cases, full financing be completed. The more money I can afford as a down payment, the interest rate on the financing is even more convenient. It is important that you several banks on requesting an Onlinebankenvergleicht. Because the Bank has not always the lowest interest rate. Such comparisons can save several thousand euro for a total of over 100,000 euros.

The House prices will continue to rise next year, as well as the rent. Thus remains a real estate a good investment and is becoming increasingly popular for investors. Some people choose real estate investments as retirement savings. The yield is higher than that of a pension. It makes sense to hire a Realtor, as he well knows the market area with the search of a condo.