RpV Realty and Development
However, from a pure investment perspective, there are most likely much better real estate ventures to consider.
This is all depending on how long you plan to live in this property. If you love it then it's a good choice for you however you will have to look at all the costs, combined total taxes you will be paying for both properties, etc to see what the outcome may look like down the rd.
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Innovative Property Consultants Group | Sales and Leasing
Jameson Sothebyâ€™s International Realty
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That being said...you need to check not only with the homeowner's association for permission, but also the town's building codes.
Someone in my complex actually did that many years ago.....the town found out,(I believe it was against some fire safety code) and made him close up the opening he created, and restore it back to its original condition........
Why not just look for a larger unit, as the cost to completely remodel/renovate/redesign this place will be prohibitive.
I don't think you will get a good return on your investment, but maybe that doesn't matter to you if you're planning on staying there a very long time................but thats just my opinion. - and I know nothing about the price range or level of luxury of the complex.
As to costs is tough to say. You should hire an architect and get some quotes. On an investment standpoint, when you combine a unit it costs a lot. You have the purchase price of your unit, the other unit, and then the costs of combining them. Sometimes it's difficult to get the money back from the investment.