Your opinion please.
Discussion
I own a villa on Menorca with my siblings.We have talked about selling it for a while but circumstances haven’t been right until now.
I think we should sell now,take the hit and each invest in what we want.
Stock market for,ling term plan.
2 siblings fear taking a cheeky offer from a chancer because we might get 50 k under market value(if it even sold).My logic is my 12,500€ loss would be made back up quicker in other investments.
I think we should sell now,take the hit and each invest in what we want.
Stock market for,ling term plan.
2 siblings fear taking a cheeky offer from a chancer because we might get 50 k under market value(if it even sold).My logic is my 12,500€ loss would be made back up quicker in other investments.
I'd have thought it's a lousy time to try and sell a holiday villa in the Med, which leads back to Sarnie's suggestion of getting your siblings to buy you out. If your siblings think the current selling price would be "too low" it gives them the opportunity to make a profit on your share over the next couple of years. Win-win.
What was agreed at the time you bought it? Or was it an inheritance that someone left equally between you?
What was agreed at the time you bought it? Or was it an inheritance that someone left equally between you?
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