Ten years of luxury house and not paid a cent – that’s how it works

Ten years of luxury house and not paid a cent – that’s how it works

Friends of our author have just moved out. You did everything right, because your generous domicile was practically for nothing. Unfortunately, not everyone can imitate the beautiful model.

Everyone is moaning about the rising prices and rents that they can no longer afford. With the ancillary costs, electricity and WiFi, the housing factor eats up half of the income, if not more.

But there is another way, my friends are doing it. You get rich by housing. They have just moved out, previously they lived in a chic new building. A detached house, one may also say villa. Estimated size is a little under 300 square feet of living space. The highlight of the house are the garden and the top floor. The children romp downstairs, but above all there is a penthouse retreat for the parents with its own roof terrace. And all the fun didn’t cost the family a penny. How is that possible, are these people scammers? Cunning rental nomads? No, the answer is much simpler: you are simply rich.

Whoever has, will be given

They moved in and bought the house about ten years ago. Unfortunately, the marriage of the previous owners only lasted until the screed was dry. Now they are moving to another country and have to give up their domicile again.

If they only come close to the asking price, they make a million euros plus. That makes about 100,000 a year profit a year. This should easily cover all the costs of living, including the gardener. There are probably even a few hundred thousand left. Living in this price range is therefore worthwhile. Instead of being a burden, it becomes an additional income. Incidentally, the couple cannot be accused of speculating. They needed a house for the family – but then they acted wisely and did everything right.

The family would not have needed the additional income anyway. He works in the management team of an international corporation and now they are moving on to the place that the next career step requires. In this price range, the relocation of the management is carefully accompanied by the company and certainly also financially supported. Let’s hope that the next house will be such a good deal.

Source: Stern

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