A couple of weeks have passed and the construction is making good progress. The foundation and base plate is placed. How do I know? As the project progress, I receive invoices for said construction. Last week Friday I received the invoice for the finalization of the foundation works.
If you would have told me 2 years ago I was going to get a turnkey home, I'd have a good laugh and move on. In my mind, I had already worked out that I wanted my house to be build from scratch or at least heavily renovated to modern standards. Boy, was I wrong. I ended up getting one as my first property.
Having gone through the process of buying my own home I wanted to share all the costs that came with this crazy adventure. There are a lot of costs associated with getting your first home, whether it's a house or apartment. I was quite honestly a little surprised by all the paperwork and meetings that come with it. This overview should cover the majority of costs, both recurring and one-time for both the notary and the bank.
Because of lockdown and social distancing rules, many constructions sites have come to a halt. Just like my newly bought, yet to be completed apartment. I mailed my contractor to see what the impact will be for the Brussel’s apartment. I’m still waiting for a responses, but I expect something like: “we’re doing our utmost best to limit the impact but ”a small” delay is possible”.
2 months, that’s how long it’s been since I moved out of the comfort of my parents’ home and started living with my girlfriend. What a time it has been. The moment we decided to move in together and get a place of our own -more like rent- was the moment I started a new chapter of my life; moving out has thought me quite a few things.
Unavoidable in the search for my place in the search for the best mortgage. Trying to find the best mortgage in Belgium typically means going to different banks to get the lowest rate possible while figuring out which type of rate to get (fixed or variable).
What a crazy week it was! I moved into my own place together with my girlfriend and her mother came over to visit.
For a week, I drove around Belgium and The Netherlands to help them discover this little corner of the world. All while trying to get stuff from Ikea and moving the last things.
It’s been a tumultuous two weeks. As you know I’ve been searching for my first home. I started that search 4 months ago and the original plan was to move in once I found the perfect fit. While I originally intended to take more time, I recently made two major decisions that turned my slow approach into a rapid one.
Hotel investment: an alternative investment opportunity?
On my journey towards my home, I’m doing more searching online and one of those search sessions resulted in having a talk with an “investment advisor” of a realtor specialized in hotel investments. I will start by kicking in an open door: I didn’t take the offer.