u/NoValueSoDeep

Is buying new a bad financial decision?

We're looking at a new-build 2-bedroom apartment in Brussels asking around €550k (parking included), which becomes roughly €665k once VAT and registration duties are added. Similar apartments built in the last 5–10 years sell for noticeably less, and their buyers pay far less tax. It looks like we might take a big loss if we had to sell after a few years, and it would take well over a decade to break even. Is buying new ever worth it financially, or is the tax hit simply too big?

reddit.com
u/NoValueSoDeep — 8 days ago