Fixed charges Hungary versus the Netherlands
#emigreren #zelfvoorzienendleven #vastelasten
Now that we live in Hungary for more than six months, I thought this would be a good time to put fixed burdens between the Netherlands and Hungary together. Always an interesting topic for Dutch (and Belgians), right? How cheap is life in Hungary really. The differences are listed in 7 headings. So find the seven differences. In order to get a good comparison, I have taken into account the fixed costs of the farm in Hungary. Thus, without the fixed costs of holiday homes . These are, incidentally, paid from the income of rental.
- Home
In the Netherlands (Limburg), we had a repayment free mortgage on our 'garage linked corner housing' with energy label A from 2005. We had repaid a large part of this mortgage in the years before our departure to Hungary, which resulted in a very limited amount of expenses at the end. But it makes a difference right away, because in Hungary we are mortgage-free and repayment happy (...). We now use the proceeds of our Dutch home as starting capital for our Hungary adventure. The authentic Hungarian farmhouse in the small village of Lengyel from 1905 (and energy label E) where we live today would have been financially inaccessible to us in the Netherlands, with its more than one hundred and fifty square meters of living space, two hundred square meters of stables and outbuildings and a plot of 6000 square meters. The houses in Hungary are a lot cheaper than in the Netherlands (think of a factor of 10), but they are often also with overdue maintenance and a dated layout. Almost always, reconstruction work is needed. That means in practice that you have to double the purchase price. The advantage of this is that you can decorate it to your own taste.