Small investors
Buying an existing building to renovate and then sell or rent. The margin depends on a budget that is often estimated too early.
Vienna, Austria · For investors and buyer's agents
Renovation budget and feasibility, before you sign.
Most property deals do not fail on the purchase price. They fail on the renovation budget that appears after the purchase. We show what that budget could be, and whether the deal still makes sense if it runs over.
Service in development. Pilot pricing shown below.
The questions this review answers
- What will the renovation cost in three scenarios, and what drives the spread between them?
- Does the deal still work if costs run 20% or 40% over budget?
- Which items must be resolved before signing, and which can wait until after purchase?
- Which decisions of the owners’ association will add cost to this building?
Who it is for
Buyer’s agents
Preparing a client for a decision on a specific property, and needing a technical second view they can share.
Small developers
Comparing several existing buildings at feasibility stage, before engaging architects or contractors.
Risk areas we review
These are the categories we check in every review. What appears in a given property depends on its documents.
Legal position
Entries in the land register, encumbrances, pre-emption rights and whether the planned use is permitted. Confirmed by an Austrian lawyer.
Owners’ association
Decided and postponed works, the reserve fund balance, outstanding contributions. Shared works are paid by all owners, including you.
Technical condition
Structure, roof and façade, moisture, building services. Documents show signs; a specialist on site confirms the condition.
Energy and compliance
Energy certificate, likely measures, and the permits behind past alterations. Non-residential buildings may face additional obligations.
Renovation budget
Scope, contingency, shared areas and the items budgets most often miss. Each figure comes with its assumptions.
Economics
Purchase costs, works, time, exit price or rent, and how much the result moves when any one of them changes.
Packages
Pilot pricing. Prices may change after the first clients. Final prices are confirmed in writing before any work starts.
Document Review
from €350 per property
Buyers who want a clear risk and cost picture before deciding whether to pursue the deal.
- Review of the documents you provide, and public registry data where available
- Risk map by category, with what each finding depends on
- Renovation cost ranges in three scenarios, with stated assumptions
- Questions for the seller and the Hausverwaltung
- Recommendation: proceed, proceed with conditions, or do not proceed
Renovation Feasibility
from €600 per property
Investors who plan to renovate and then sell or rent.
- Everything in Document Review
- Economic model based on your purchase price, works, timeline and exit price
- Break-even point, and sensitivity at +20% and +40% budget overrun
- Go, conditions or no-go memo for partners or an investment committee
Agent Partner
on request monthly volume
Buyer's agents who want a technical second opinion for their clients.
- Document Review or Feasibility for each property you send, at volume pricing
- A short summary written for your client
- Agreed turnaround times
How it works
01
You send the file
Address, asking price, planned scope, and the documents you have.
02
We review and model
Document review, cost scenarios, and the economic model where chosen.
03
You get a memo
Risks, open questions, cost ranges and a clear recommendation with its conditions.
What this review is not
- Not an on-site inspection. Hidden defects and building condition require a specialist on site.
- Not a structural engineering report or certification.
- Not a valuation, legal opinion, tax advice or investment advice.
- Not a guarantee of costs, returns or outcomes. Cost ranges are estimates based on the information provided.
Before committing capital, arrange an on-site survey, and take legal and tax advice from licensed Austrian professionals.
Request a review
Tell us about the property. We reply within two working days to confirm whether we can take it on.
Questions
Do you visit the property?
No. The review is remote and based on the documents, photographs and information you provide. Where a site check is needed, we say so and name the type of specialist.
What do you need to start?
At minimum: the address, asking price, building year, usable area, and the documents you have. The more documents, the narrower the cost ranges.
How long does a review take?
Turnaround times are confirmed per request during the pilot. We state the expected date when we accept the request.
Is the information confidential?
Documents are used only for the review. Details of processing and retention are set out in our terms, which we confirm before the first paid review.
Can I use the report to decide alone?
The report supports a decision. It does not replace a technical survey, legal review or your own judgement.