INVEST
Buy, Renovate and Sell
For investors who want to improve an older property and resell it.
ALV Homes identifies older apartments, villas and buildings through its network. We review the purchase price, planned work and resale prospects with you. The renovation is planned around the property’s condition and the needs of future buyers.
Purchase, renovation and resale
Purchase price and condition
We compare the asking price with similar properties and assess the renovation work the property needs.
The renovation plan
We clarify which improvements are planned, their purpose and the scope of work for the property.
The full project cost
The calculation includes the purchase, renovation, ongoing costs until sale and the costs of selling the property.
The future buyer
We consider who the renovated property is intended for and the market evidence behind the proposed selling price.
How ALV Homes supports a renovation investment
1. Your aims and budget
Together, we clarify your preferred location, budget, property type and the renovation work you want to undertake.
2. The property and renovation work
We review selected properties with you, including a realistic scope of renovation and the overall project costs.
3. Renovation support and resale
ALV Homes works with partners, craftspeople and service providers. Before you commit, we agree the renovation support and scope of work and review the proposed resale plan with you.
Questions about renovation and resale
Which improvements are most useful for resale?
The starting point is the condition of the property and what its likely buyers need. Work that resolves a practical problem can matter more than a more expensive finish. We review the proposed improvements against the intended buyer and resale price, rather than assuming that every amount spent will add the same amount to the sale value.
What changes if the renovated property takes longer to sell?
Holding costs continue after the work is complete. A longer sales period therefore changes the project result even if the eventual selling price stays the same. The resale calculation needs to allow for that timing as well as the purchase and renovation costs.
Your renovation project
Use the form below to discuss a property or renovation project with ALV Homes.