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Old 18.06.2019, 18:10
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Re: investing in real estate vs buying property

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this is why i don't like flats: PPE eating up 1/3 of gross rental income!

Not as such because i think this PPE in question my apartment is 44/1000, budget is Chf 130k of which Chf 20k is for an extraordinary event an Chf 60k is for the renovation fund.

As such the real amount is Chf 70k for the PPE which is considerably less, arguably Chf 50k as Chf 20k is not a repeat item

But i do see where you coming from, but the return of 7.8% on MY investment is not so bad really, better than Woodford, that's for sure !
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