Asked by Somdatta Roy
Hello,
We would like to buy a condo for
staying purpose and not for investment.If we invest in a 99 leasehold condo for a million dollars and sell it after 15 yrs ,will we get back atleast what we invested or will the value depriciate terribly.We don,t want to make profit but don,t want to lose all the money either.Free hold is out of our budget.So what will you suggest?
We would like to buy a condo for
staying purpose and not for investment.If we invest in a 99 leasehold condo for a million dollars and sell it after 15 yrs ,will we get back atleast what we invested or will the value depriciate terribly.We don,t want to make profit but don,t want to lose all the money either.Free hold is out of our budget.So what will you suggest?
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