I think I am going to have to make some decisions soon regarding selling or keeping my apartment in I.C.- Persia. Maybe some of you could help me by telling me what you would do if you were me?
Firstly, my studio has been rented out for 3 months which is supposed to end on November 8th. Before that it was being rented by a couple on a monthly basis. It has actually never been empty since I got the keys. So at the moment rental has been very good. I didn't want to rent it out long term as I had intended on using it myself occasionally. I had thought of selling it and with the money from the sale, I would buy another apartment off-plan, either in a better location or a better one with more facilities, e.g swimming pool etc. But, the apartment would not likely be ready for a while. If I buy off-plan then I will obviously get it for a better price and will hopefully make a profit once it has been completed. At the end I will have a better apartment and in a better location than my one in I.C. but at the same time, I won't have the money from the income I would make from the rentals each month like I have at the moment.
So, would you keep the one in Persia or sell it and buy a better one?
I really would appreciate your advice
Maryjo