September 28th, 2017
Case Study: How to Reach Close to 50% Growth in Rental Fee
Tower’s Renovation Team in action. Browse Before & After Photos.
Keeping an apartment competitive in the current market situation of Budapest can be a challenge for property owners if the furniture is 10 years old. We have started to introduce real examples how you can make your apartment attractive again with a small investment.
We have shown an apartment renovation project resulted in a threefold rental fee growth and another one where we could reach 35% growth in rental value.
Real Example: Rental Fee Increased With More Than €300Given a 2 bedroom, 70 m2 apartment in District 6 in a classical building in need of some renovation. Let’s see how Tower’s Renovation Team solved the problem!
Summary:
- starting point: a rundown, moldy apartment
- investment: 6000 EUR
- main works done: painting, bathroom renovation, furniture upgrade
- rental fee before: 420 EUR
- rental fee after: 740 EUR
Before
After
Your apartment can be the next success story! If you need advice on property upgrade, contact our Renovations Manager today! +36 20 256 2681
