Ricadi Seaside Home — Reality Check

Change the inputs and hit "Recalculate" to see monthly impact, total cost, and missed investment returns.

Calabria · Second home

1. Income & Employment

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Total net income you both take home each month in CHF, after taxes.
Your current combined net CHF income.
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The exchange rate used to convert your Swiss income into euros.
Use today’s rate; this changes your euro income.

2. Purchase & Mortgage

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The agreed price for the property, excluding taxes and fees.
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The amount of cash you will pay upfront from your savings.
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How many years you will take to repay the mortgage.
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The annual interest rate on the mortgage, fixed.
Typical fixed “second home” rates are ~2.9–3.2%.

3. Current Fixed Costs

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What you pay every month for the home where you actually live now.
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Monthly lease or loan payment for your car.
Lease ends 2028; after that this cost disappears.

4. Property Annual Costs

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Annual property tax for second homes in Italy.
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Annual waste tax (garbage collection and local services).
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Building insurance for damage, fire, water leaks, etc.
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Money you set aside each year for repairs (1930 building).
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Minimum electricity/water costs when the house is mostly empty.
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Cash or easily accessible savings you have today.

5. Rental assumptions

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How many weeks per year you realistically expect paying guests.
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The weekly price guests pay before agency fees and taxes.
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Percentage kept by the local management agency.
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Flat tax rate on rental income in Italy.

6. Horizon & alternatives

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How far into the future you want to compare outcomes.
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Expected annual return if you invested €100k instead (e.g. ETFs).
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How much you expect the property value to grow per year.

Result — Are you really comfortable with this?

Not calculated yet
Monthly situation
Year‑1 cash & liquidity
Horizon vs investing €100k
Quick interpretation

Decision Matrix — Head vs Heart

Not evaluated yet

Score each factor from 1 (bad) to 10 (excellent). Weights say how important each factor is for you.

Financial factors
Lifestyle factors
Risk factors
Alternatives
Total decision score
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>600: leaning buy · 400–600: marginal · <400: likely wait
Interpretation
Adjust scores honestly together. This makes trade‑offs visible; it doesn’t force a decision.