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  • edinburgher
    edinburgher Posts: 13,863 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 1 January 2022 at 10:06PM
    @Karmacat - I'm sure you've explained this before, but do you ever consider selling the French apartment?
    Parents own two houses in a sunny but not particularly trendy/popular place, I suspect all siblings dreading the day we have to help them navigate overseas real estate waters to sell at least one of them :o
    *Edit: And a very Happy New Year to you - should've led with that!
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi Ed - Happy New Year to you too :) 

    As for the French apartment, I used to dream of selling it as soon as I could do so without handing back the VAT (there was an allowance that meant you didn't have to pay VAT on the purchase price, but you had to keep it for 20 years).  Plus the property market in France collapsed by 50%, and hasn't really recovered.

    Now, the mortgage is paid off, and even though the amount of rent I get can vary quite a bit because of covid troubles (it's a holiday apartment in the French Alps, after all) I finally don't have to subsidise it with my own money, and money is actually accruing in my French bank account.  I'm loathe to disturb the situation when its running smoothly now ... I suppose I'll sell it eventually, and if I happen to pop my clogs before I do, my sister's told me she'll just hire somebody in France to do it.  Basically, I have other things I want to pay attention to - it's such a lot of time to de-risk, I just can't bear to start the process right now.  
    2023: the year I get to buy a car
  • edinburgher
    edinburgher Posts: 13,863 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That makes perfect sense KC - glad it is washing its face :)
  • apple_muncher
    apple_muncher Posts: 15,238 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! Name Dropper
    I think it must be exciting to go away and do your plotting and planning away from home. Fewer distractions, fewer 'must dos'. More free time for musings and machinations. Enjoy yourself!
    NST March lion #8; NSD ; MFW9/3/23 Whoop Whoop!!!
  • rtandon27
    rtandon27 Posts: 5,671 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It's that time if year KC - I did some initial planning for the year yesterday & suddenly came to the decision that in the short term, I'm going to stick to one personal and one work goal a day! Any more than that, it seems, is currently too much! Small wins and all that!

    As it is the weekend today - switched it to two personal - glass went to be recycled at the local bottle bank & meal plan is in the works - that will be followed up by a nap on the sofa - LOL

    Enjoy your time bunny sitting! The change of scenery will be great😊
    4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    ...and now I have a mortgage! (23 AUG 2021)
    New projection - 14 YEARS 10 MONTHS LEFT OF 20 YEARS (reduced by 15 mths)
    Psst...I may have started a diary!
  • themadvix
    themadvix Posts: 8,748 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    I’m with RT - there are so many unknowns at the moment that plans can only be limited. One day at a time at least until we know what, if any, restrictions are going to be brought in, and in our case, if we move or give up, is all we can do.
    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


  • rtandon27
    rtandon27 Posts: 5,671 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Petting cute furry pets is also therapeutic for their humans - so win/win for both! :smiley:
    4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    ...and now I have a mortgage! (23 AUG 2021)
    New projection - 14 YEARS 10 MONTHS LEFT OF 20 YEARS (reduced by 15 mths)
    Psst...I may have started a diary!
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