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Re: buying condo


[ Follow Ups ] [ Abaco Message Board ]

Posted by John on September 08, 1999 at 11:26:39:

In Reply to: buying condo posted by cynthia on September 07, 1999 at 20:22:12:

Don't expect the rental to cover your mortgage. If you are lucky the rent will
cover your condo dues, utilities and property taxes and a small amount of your
mortgage. If you advertise the property yourself in the US you can increase your
rentals. $375 a night sounds high for the Abacos. check the rentals available
in the classified secton of Islands and Yaching magazine. Homeownership in
the Abacos is great but probably more expensive than most people plan for.
Good Luck


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