Upper Fixer Flat Purchase and Renovation
Hi everyone,
Wondering if anyone here has experience with buying a flat that needs kinda full modernization and then renovating it? I'd very much love to hear your experience whether it is worth it (time and money)
I'm thinking of purchasing a 70m2 flat (energy label C, built in late 60s, 2nd floor, no elevator) that needs lots of renovation. It is being sold "as is" and the buyer allows pre-examination and hence takes no liability afterwards. Exterior-wise, it is taken care of by VVE so that's not an issue (?) I believe; however, interior-wise, it will need almost everything done (the floor plan looks fine, it needs repainting, new kitchen/bathroom/toilet installations and such). I love to have the flat of my own design, and I love DIY projects, but of course, when it comes to electricity wiring, water piping, or so, I'd rather have a professional.
Would love to hear what you think about (esp in my case as a foreigner):
- time?
- cost?
- issue with VVE?
- legal renovation permit?
- or any experience/opinions are much appreciated.
Thank you very much!