Chapter 1034: Avoiding Future Reckonings
Having eaten, the two did not rest but went to another property. It was a storefront facing the street, a three-story building, each floor covering one hundred and eighty square meters. The property came on the market because the parents had passed away, and the three siblings were not cut out for business, so the property could only be rented out. However, the three siblings did not work or live in Capital City, making it difficult for them to return.
They were back to mark the third anniversary of their father’s death and wanted to sell the storefront before leaving Capital City. Getting the money would make it easier for them to move on. Because few people could come up with so much cash at once, the siblings were getting a bit anxious these days.
Luo Qiao checked out the commercial property and thought their asking price of 150,000 was a bit much. The building was likely constructed in the 1950s, and although the materials used were good, it was clear that it hadn’t been well-maintained. If she were to use it, a major renovation would be needed.
Therefore, Luo Qiao said, "If we can close the deal at 120,000, we can complete the transfer and payment this afternoon. If it’s any more, forget it."
The three siblings were somewhat reluctant, as that would mean each of them would lose out on 10,000. They were not content and did not budge.
Ignoring future property values and considering just the current situation, it really wasn’t worth 150,000. Without renovations, it couldn’t be put to immediate use.
Thus, Luo Qiao signaled Ji Lin to head out, but seeing that they were about to leave, the siblings quickly spoke up, "Wait a moment, we can discuss the price further."
Luo Qiao stopped, "We are sincere buyers. If you are sincere in selling, then give us a real price. The current price for new apartments in Capital City is only about 1,600 per square meter. Do you think this property is worth 150,000?"
"You are talking about residential properties; ours is a storefront facing the street. The price is definitely going to be higher."
"But your building was built in the 1950s. You see, the structure inside has been damaged. To make it usable, renovations are necessary, which is also going to cost money. This property is worth at most around 100,000."
The siblings were silent for a while, then the brother pulled his sister and older brother aside to discuss. After a while, they came back and said, "Alright, 150,000 it is, but we’ll include the courtyard behind the shop in the sale."