Some have taken on such a big job to renovate a property and just do not think of the size, effort and costs involved.
Some are trying at an age which is crazy. To old and health a bit off.
Some years ago talking to people that bought property in France and then done them up, said in most cases you will only get back the money of the original purchase. Refurbishment cost becomes a straight loss unless sold to a say U.K. person but even then?
Buying a holiday property less risky BUT.
Good luck to those that manage it, but as the years pass ?
Allan C.
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