Jeny Shir · Greece
Flipping is a separate strategy
Buying below market, creating added value and having a clear exit strategy.
BEFOREClick the photo to enlarge
AFTERClick the photo to enlarge
01
Entry
Below-market price and the correct cost per legally registered m².
02
Renovation
Budget, renovation, furniture and a contingency reserve.
03
Exit
Comparison with real market comparables and a clear view of the future buyer.
04
Result
A target of around 20% on total invested capital, when the project economics allow it.
The difference between the purchase price and the sale price is not yet profit. Renovation, transaction costs, furniture, holding costs, sale expenses and taxes all have to be deducted.
Photos and verified case figures will be added after the source data is checked.