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Updated over 4 years ago, 07/04/2020
selling a property / markup
A property is for sale (land+ 5 buildings with a total of 10 apartments)
The construction cost was 950.000€
The owner would like to get 1.750.000€
I believe i can sell it for even 5.000.000€.
Do you guys sell properties and add a markup of 150% of the asking price?
What is "fair"? Or it's all a matter of an agreement on an individual basis?