Recent content by isa.reese

Do not forget costs arising from the wider building rather than your two bedrooms. A new flat can still face shared defects or unexpectedly expensive communal upkeep; the purchase documents should show how those risks are allocated.

I’d proceed only after converting this into three complete cases: expected rent, reduced rent, and turnover with vacancy. Include owner-paid building charges, management, insurance, property tax, recurring replacements, setup costs and financing separately. If the deal only meets your required...

What software does the team currently use for property records, tasks, communication, and document storage? It doesn’t need to be a long list, but knowing whether the hire joins an established system or must build one changes the role considerably.

What is the available energy-performance information, and what heating arrangement serves the duplex? “Average-to-good condition” could describe the visible finishes while saying little about energy use or larger work that may be approaching.

I agree with the staged approach, but I would also avoid presenting €1,122,000 as the natural value of every 60 m² candidate—that ceiling works out to €18,700 per m². Ask sellers to justify their figure from the particular apartment’s location, condition and layout. First, though, clarify the...