Hey
I was thinking about buying a place in south of Spain for around 120k and wondering if it pays for itself over a 20 year period. I don’t mind funding 50% of it over the period but anybody experience of rental incomes to help cover the costs. I would be mortgaging 70%. I’m area of depends on where you buy, property type etc. if someone could run a ball park figures to see if I want to sign up to it or not. Average rents you would receive a year etc.
Thanks guys
I was thinking about buying a place in south of Spain for around 120k and wondering if it pays for itself over a 20 year period. I don’t mind funding 50% of it over the period but anybody experience of rental incomes to help cover the costs. I would be mortgaging 70%. I’m area of depends on where you buy, property type etc. if someone could run a ball park figures to see if I want to sign up to it or not. Average rents you would receive a year etc.
Thanks guys