Johannesburg one-bed: higher insurance and reserves have erased the rent saving

[crane.happy]

Management workload deserves a look too. Frequent owner decisions, unclear communication or repeated maintenance issues have a cost even when the cash is affordable. You’re buying into a shared building, so the quality of how problems are handled affects both daily life and resale.

 

[finn_budgets]

Your revised approach addresses the main trap. Set a walk-away total monthly cost now, then rerun the decision when the insurance answers and explanation for the reserve increase arrive. That prevents a reasonable purchase price from distracting you from an unattractive building-level commitment.