I agree with that, though I wouldn’t let tenant demand dominate unless letting is the primary plan. Resale liquidity matters in both cases. The useful question is who the likely next buyer would be: someone wanting 185 m² with less exterior responsibility, or someone specifically paying for...
Is this mainly for your own use or to let? Mentioning lease length and tenant demand suggests at least some investment purpose. That changes the weighting considerably: a detached home might provide control, but a smaller tenant pool or longer vacancy could outweigh maintenance differences...
Before choosing a target yield, recalculate against the all-in acquisition cost rather than €519,800 alone. Then deduct the actual property-tax figure, insurance quote and any shared-estate charges, if applicable. Those are easier to verify than a general contingency percentage.
Personally, I...
A few missing facts could change the answers substantially. Is the flat complete or still under construction? Does €1,265,000 include parking or storage? Will it be a main home, second home or rental, and are you considering personal or company ownership? Also state your current tax residence...
What are the financing assumptions? A respectable unlevered yield can still produce weak cash flow if the borrowing cost, repayment schedule or refinancing terms move against you. Run the deal all-cash first, including purchase costs in the capital committed, then add the proposed debt...
A pre-offer inspection sounds like the cleanest compromise if the seller will provide access. You could then make the offer with fewer conditions without buying completely blind. I wouldn’t limit the contingency to “structural” issues without asking your solicitor exactly what that wording...