Buying the house would have proved a stress, to say the least, on our finances. Once we did the math on that, we decided to look elsewhere. One of the ideas that kind of got this whole thing going was that there are some new apartments going in that are small enough to be affordable for us.

This is an image from Google Earth of the area. The top of your screen is due North. Incidentally, this is only about two kilometers away from the camp where we met. :D
So, to sum up what is happening here: We are not sure of anything yet. We are in the process of applying for the loan, and might know about that sometime this week. In the next month they are planning to have a drawing to see who gets to choose their apartment first (the construction is nearly done on the complex, unlike in this photo).
We visited, and had a look around on Sunday afternoon, and were impressed. They aren't big apartments, but they seem pretty nice for the price we would be paying. Some of the build quality is not the greatest, either, but it would be our apartment. So reasonable renovations are possible.
My camera is broken, or I would post pictures. If this turns into reality, thought, I will see if I can borrow a camera and post some pictures.
Cool. I hope it works out for the best. It sounds weird "buying an apartment". I guess it would be comparable to buying a condo here or something. I usually think of the apartment owners as landlords renting out their property. Make sure you get good neighbors! We have had our share of experience with annoying ones.
ReplyDeleteThanks Phil. I wasn't very clear on the apartment thing. I tend to forget that most people have not lived here, its just "normal" to me now.
ReplyDeleteIt is similar to buying a condo, or like people buy an apartment in New York City.
We really hope that the neighbors are good ones.
Lol.
ReplyDeleteIt is funny because here in Brazil, a "condomínio" is usually a group of apartments or (becoming more common) houses. If one owns a condomínio here, he must be a very rich landlord.
Funny things words do.