Recent content by otis.crane

The surprise was that the least impressive-looking connection sometimes saved the most work. A simple handoff that preserved the property record, responsible person and current document version was more useful than a polished interface that required staff to re-enter everything. We are...

Make sure the recurring building costs are clear as well. A villa can look affordable based on the mortgage alone while service or shared maintenance charges alter the monthly picture. I’d want those details, the insurance excess and the payment dates confirmed before deciding how much of the...

Before deciding, I’d request a written breakdown of the €1,233 rent assumption, current condominium charges, planned shared-building work, applicable property tax, insurance quotes and realistic management terms. Then calculate net cash flow with and without financing. My concern is not that...

Agreed on the scenarios, but I’d separate recurring yield from one-off acquisition costs and exceptional works. Otherwise it becomes hard to compare this property with alternatives. Show both: stabilized net operating yield on the €211,600 price, and cash return on the full amount invested. If...

I wouldn’t start by choosing a net-yield target. First turn this into annual cash flow after property tax, insurance, management, vacancy, owner-paid condominium costs, repairs and rental taxation. Purchase costs also increase the capital committed, so the true yield on total cash invested will...

The exact micro-location would change my view more than a generic condition allowance. Rome can vary sharply within a fairly short distance. Are the completed sale and the apartment genuinely comparable for street, floor, light and building quality? Also, does access to the apartment involve an...