Ask HN: Buy a holiday house with a tight budget

Post by Komodai » Tue, Jul 05, 2022, 10:08 PM UTC

atmosx wrote: post #29

trhoad wrote: post #19

I never really understood this. Unsure of the US, but holiday lets are notorious for being poor investments in Europe (just look at the markets in Greece and Spain). $100k buys you quite a lot of long-term lets (rentals) over the next 20 years. Why not just rent a place without the hassle of maintenance, taxes, stress, and hand back the property after a few weeks? Also your priorities and interests might change, so s…

You can buy an apartment in North Greece, near the sea (200-500m away) for 40k. We're talking 30-40 years old apartment, 1-3 bedrooms, etc. However, in the islands that kind of money won't get you much. There's this app, that offers just homes in London but should offer something in GR islands soon enough... https://flyway.app/homes it's a shared ownership model, no affiliation.

Post by dshoemaker » Sun, Jul 17, 2022, 2:14 PM UTC

iostream24 wrote: post #27

I have a partially renovated little village house with a small backyard and shed about 19km from Fugueira da Foz Portugal I will sell you for the €24k I have stuck in it. The interior needs doing but the roof is new… near Montemor-o-velho… The tax is 40€ (forty euros) a year. South facing king roof slope ideal for panels and south facing varanda over the backyard.