Selling a pre-owned property is never a simple process. Location and age alone are not enough; there are many other factors that decisively affect a property’s value. These factors are often described as “details,” but in practice they prove to be critical, as they directly influence the decision to buy or rent. From our day-to-day experience in the real estate market, we observe that two seemingly...
Poor management in an apartment building can reduce the market value of a flat by up to 20%. Prospective buyers withdraw or lower their offer when they realize that a building is in poor operational condition. What are these factors? Common areas directly affect the market value of each apartment: garbage in the courtyard, unpruned trees, broken tiles, deteriorated balconies, dirty walls with faded...
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