RBA were asked by the Irish property owner to examine the property with a view to identifying an exit strategy. The four storey building is located directly adjacent to a raised inner city section of motorway. The neighbouring buildings are significantly higher. RBA proposed adding two stories of additional ca. 400m² residential accommodation in the form of “studio-apartments”, intended for use by students or for medium-term lets, with the additional possibility of split-and-sale to individual investors. RBA was contracted to split the property (condominium ownership) and to achieve building permission.
Dunphy & Ryan GbR
ca. 1.0 Million €