Powered by xpats.com
Weather
4 °C

Not registered yet?

  • Daily & weekly newsletters
  • Buy & download The Bulletin
  • Comment our articles
Register now

You are here

Investment

Question

Where would you suggest to invest around 50k euros?

I was thinking of taking a mortgage, buying an apartment in Brussels, renovate and rent out but the registration taxes are just too high here (I already own one apartment so won't benefit from the exemption). Any other ideas (eg property in other countries like Spain? stocks? casino? :)

Thanks!!

Answer
CC_R Jun 24, 2017 21:59

Where ever you buy property there are fees involved in buying, maintaince and management fees. The uk used to ok but what with brexit and changes in the law it's not so profitable to buy investment property there. France I think is cheaper but again would you use it for holiday let's? Holiday home? Maybe speak to an investment expert to see if long term stocks would have a better return than the bank

Answer
Emille B. Jun 26, 2017 15:13

Pay off your first mortgage , then buy another property with tax deduction mortgage to rent out;and sell aftre sosme years
investing in funds is quite costly , often 2 % entrance fee , 2 % tax and annual costs eat your profits.

Questions & Answers

Help and get help

Peter Alan

Our building co-pro has just been presented with a demand for payment for some work tha...

Porcha

Hi, When renting an apartment, how much guarantee does one must pay in advance? Also ot...

brusselli

Do you know any vet that visits homes to take care of cats?

Jobs

Events & Social

Upcoming

17 Jan
17.01.2018
Brussels
by BEPS International School
17 Jan
17.01.2018
Brussels
by Expat Club
17 Jan
17.01.2018
Brussels
by The Arts Society Brussels (...

Popular

17 Jan
17.01.2018
Brussels
by Expat Club
17 Jan
17.01.2018
Brussels
by The Arts Society Brussels (www.bridfas.org)
20 Jan
20.01.2018
Bruxelles
by Café Floréo

Twitter