Been toying with the idea for years.
Very nearly recently went through with buying a derelict farm in San Carlos, luckily didnt as i'd vastly under estimated the rebuid costs.
Now looking to purchase one of those studio apartments with a roof terrace in the centre of the old town.
Am I a deluded dream chaser, will it be a nightmare investment, crumble and lose value, or can it stack up?
Ultimately i'd look to cover the mortgage through private rental, spend a few weeks a year there myself, and hold its asset value.
Id appreciate any advise from anyone whos done the same, cheers
Very nearly recently went through with buying a derelict farm in San Carlos, luckily didnt as i'd vastly under estimated the rebuid costs.
Now looking to purchase one of those studio apartments with a roof terrace in the centre of the old town.
Am I a deluded dream chaser, will it be a nightmare investment, crumble and lose value, or can it stack up?
Ultimately i'd look to cover the mortgage through private rental, spend a few weeks a year there myself, and hold its asset value.
Id appreciate any advise from anyone whos done the same, cheers
