Diego de EspañaFAQ
I want to model the stage after receiving the unit. In addition to contract payments, which common expenses, taxes, maintenance, insurance, furnishing or management costs should be estimated?
In addition to common expenses and taxes, I would reserve money for small repairs and furnishing. Even a new apartment starts generating costs once it is used.
If the plan is to rent the unit, I would add brokerage fees, vacancy periods and management. Gross rent is never the same as net rent.
I would ask when common expenses start and who manages the building. That date may not exactly match the date when the owner begins using the unit.