The owner is going to reconstruct the building the next year. It will allow to resell these apartments at the price of 150,000 — 160,000 euros in 2 – 3 years while receiving a guaranteed rental income.
Advantages
The operating company takes the individuals' apartments on the assured tenancy paying about 5 – 6% per annum.
The management company undertakes to pay for utility services, taxes in full.