Carlos PYFAQ
Many people compare only the initial contribution. I want a realistic budget for the possession stage. Which figures should I request to understand how the monthly cash flow may change and which new expenses appear after delivery?
Community topic
What happens to the payment after you receive the apartment keys?
Replies (3)
I would include the contract payment, common expenses, taxes, insurance and a reserve for furnishing or maintenance. If the unit is rented out, I would also include vacancy and management.
The most important thing for me would be a month-by-month cash-flow projection that includes the possession stage. That shows whether the budget remains comfortable when the stage changes.
Valentina PYFAQ
I would also ask which expenses belong to the company, which belong to the owner and from what date common charges or utilities begin. That helps avoid surprises after receiving the keys.