1. Capital Comes First – The renovation budget (up to €15 000) is advanced either by our own fund or by a vetted third-party investor who steps in as the silent lender.

2. Turnkey Make-Over – We design and install the upgrade—new kitchen fronts, refreshed bathroom, modern furnishings, smart entry—while you spend nothing.

3. Five-Year Master Lease – You grant us a fixed lease; your rent is guaranteed. The only concession is that the renovation outlay is deducted from the first year’s rent.

4. Cash-Flow & Management – Once works finish, we launch the apartment on short-stay markets, handle pricing, guest care, housekeeping, maintenance and compliance.

5. Win-Win Exit – At lease end you keep every improvement, a proven high-yield listing, and the option to renew, sell, or rent long-term at a higher rate.

2 | €15 000 Make-Over with a Third-Party Investor

• Renovation funded by investor: €15 000

• Standard rent (with no project): €18 000 per year

• Year 1 owner rent after offset: €3 000 (the other €15 000 repays the investor’s capital)

• Years 2-5 owner rent: full €18 000 per year, indexed

• Short-stay income we generate: ~€35 000 in Year 1, growing ~5 % annually

• Investor pay-back plan: €3 000 fixed + 10 % of annual net profit → investor fully repaid (principal + €1 500 premium) in about 30 months

• Owner’s 5-year picture:

  • Guaranteed rent collected: €75 000

  • Renovation equity gained at no cost: €15 000

  • Zero operational workload or financial risk

In conclusion, a third-party investor puts up the cash, we deliver the upgrade and the bookings, and you pocket steady rent plus a more valuable property—without ever reaching for your wallet.