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An important point here is that you probably can't get reasonable financing to buy said apartment. Mortgages in a similar country start from 6%.
by spdionis 7y ago
An important point here is that you probably can't get reasonable financing to buy said apartment.
Mortgages in a similar country start from 6%.
- UserIsUnused 7y agoDepends, if their banks have to follow the central euro bank rates or not, since they have their currency they might not have to, I don't know the specifics on how that works. Anyway, Central bank has interest at negatives, people are buying houses in EU with very little interest.
- spdionis 7y agoYeah, my comment is relevant only for non-euro countries.