BelgiumResidential · Value-addCompleted
One house.Two homes.
Creating a second product rather than simply renovating what was there.
- ± 200 m²
- Initial asset
- 2
- Homes created
- 7 months
- Acquisition → sales
- €305,600
- Total cost
- €415,000
- Final sales
- Direct
- Sold without an agency
01The opportunity
The value didn't come from renovation alone.
The garage and attic made room for a second self-contained home — turning one asset into two products for two distinct segments of demand.
02The strategy
01
Acquisition↓
02
Restructuring↓
03
Division↓
04
Sale
03Execution
€119,000
Acquisition
2 homes
Garage and attic converted
€415,000
Combined sales
04Financial snapshot
- Acquisition
- 119 000 €
- Total cost
- 305 600 €
- Final sales
- 415 000 €
- Operation completed. Direct sale, no agency.
05Timeline
Acquisition
House of around 200 m².
Restructuring
Garage and attic turned into a second home.
7 months
Sale deeds for both homes.
06Key takeaway
Dividing an asset can mean answering two kinds of demand instead of one.
Historical performance shown relates to specific operations and is no guide to future performance.