We help heritage homeowners to renovate and rent out their apartments, so they can enjoy the heritage value of their apartment and have the means to look after it.
Here’s an example
After opening a shop on a nearby street and moving into the space upstairs, Daw Moe Moe Win and her sister decided to collaborate with Doh Eain in upgrading their previous apartment. Over the course of 4 months, Doh Eain spent 13,000 renovating Daw Moe Moe Win’s old apartment on 25 street. After renovation, rent went up from 235 USD/month to 950 USD/month. Deducting monthly payments for the renovation (including cost of capital), Doh Eain’s operations, and the 5% CSR fee, Daw Moe Moe Win now earns 350 USD/month. She is assured of this income for the coming 5 years and will not have to worry about maintenance. After 5 years, she can take over organising tenants or continue work with Doh Eain as property manager at a reduced rate.
If you’d like to inquire about renting one of our ongoing renovation projects – as an office or a home – please get in touch with us.