Yes have had experience with DHA
1. New property price is over inflated because 'value of lease' is factored in to sale price.
2. Often property is built to a government spec and therefore not ideal.
3. DHA make the rules and you are stuck with them - you have no flexibility during lease periods and leases are written buy DHA to suit DHA - renewals are at their option etc... A couple of things thrown in to attract investors but basically written for DHA. If you want to sell, the lease still holds so it cuts out buyers who want the property as a residence. You cannot alter the property easily.
4. Hassle free regarding management and rent. Good tenants.
5. Rent was in line to above market rent.
6. DHA properties are often in areas that don't have good capital growth - so pick your location carefully as with any property.
Having done one I would be very reluctant to buy one again.
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Yes have had experience with DHA1. New property price is over...
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