Appartment Details and Possible Euro Rent per month after renovation (average for the area) :

Y-1 : 63.22 sq.m 350 euro

Y-2 : 34.07 sq.m 250 euro

Y-3 : 31.02 sq.m 200 euro

I-1 : 47.7 sq.m 350 euro

I-4 : (shop) 16.03 sq.m 250 euro

A-1 : 77.53 sq.m 400 euro

Total Square Meters: 269.57 / 1800 euro rental revenue per month
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Asking Price for ALL: 280,000 Euro

The rights to build two additional floors above the building that reflects to land plot percentage and all together with the previous apartments consist of 70% of the total ownership of the building: 30,000 Euro

Duration for Investment Profitability for the renovation and rent scenario :
155.5 Months ~ 12.96 Years

Tax Office Set Price for the area per SQ.M.: 1400 euro

Net Worth of all Apartments According to Tax Office Set Price: 377.538 euro

Year Built: 1969

Land-Plot Information in which the building is located

An area of Total : 198 SQ.M

Facade Length: 14x14 (corner building)

Building Coefficient : 3

Builds raw sq.m : 594 sq.m

Market Price of a NEW apartment in the area per SQ.M. 2800 euro

In the event of constructing a new building the estimated value of the 70% that we sell (415.8 sq.m.) is : 1,164,240 million euro