Buying a condominium or a house? First capital investment, WEG & cost sharing

Buy an apartment or a house? In my new video I explain briefly and directly, the decisive advantage of an apartment! Its advantage is that you become part of a community of owners and thus share most of the common costs. Using a sample calculation, we show how this cost sharing can affect your return on investment and cash flow. Learn why a condo can be a smart investment and how it can impact your real estate decisions. Now on Lukinski YouTube!

Share costs, maximize profits

Why you should invest in a condo? They are the key to higher returns, especially for the first investment

When it comes to investing in real estate, the choice between a condo and a house is crucial. A big advantage of a condo is that you become part of a community of owners. This means that most common expenses are shared. Let’s say you need to replace the heating system in your property.

If your first investment is in a condominium in a building with eight parties, you pay only 12.5% of the total cost. For example, if the replacement of the heating system costs €10,000, you will pay only €1,250 instead of the full €10,000.

Example calculation: Cost sharing WEG

A small sample calculation to illustrate how costs can be divided for a condo versus a house:

In this example, as a homeowner, you have to pay the entire €10,000 cost of repairing the heating system. As the owner of an apartment in a condominium, on the other hand, you only pay your share, which in this case is €1,250 (12.5% of the total costs). This illustrates how costs can be shared in a condominium, which can lead to significant cost savings compared to a house.

Condominiums: The key to optimized return and cash flow

This financial structure can make a significant difference in your investment returns and cash flow. It’s a powerful lever to maximize your investment potential. By choosing a condo, you’re not only investing wisely, but you’re also ensuring efficient cost allocation and potentially increasing your overall return.

Smart investments in real estate

Understanding the advantages of a condominium

The decision to invest in real estate is an important consideration, and understanding the benefits of condominiums can help you make a choice that meets your financial goals. Whether you’re a seasoned investor or new to real estate, remember: shared costs can have a significant impact on the outcome of your investment. Invest wisely and watch your cash flow grow!

If you want to learn more about the benefits of condos, follow me Lukinski YouTube now!