Cityliving
Registered User
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- 125
Hey there,
I have an apt in a block of three apts - Floors2-4 with the ground floor a commerical unit (bookies). The location is in Dublin 4. It is an old georgian building although the apts etc have been thoroughly modernised.
The value of the 3 apts is approx €2 million (max) and the shop I`m not sure.
Total apt size of the building (excluding common stairwell) is about 205 sq metres and the commerical place is about 80 sq metres. There a yard behind which could hold maybe two cars but theres no structures in it of any value. Lets say total site is worth 3-4 million (max). Its mid terrace so there are similar 4 storey buildings either side.
The buildings insurance is currently at €1.3 million is this sufficient? What percentage of the value typcially should the buildings insurance be?
Any help would be much appreciated.
I have an apt in a block of three apts - Floors2-4 with the ground floor a commerical unit (bookies). The location is in Dublin 4. It is an old georgian building although the apts etc have been thoroughly modernised.
The value of the 3 apts is approx €2 million (max) and the shop I`m not sure.
Total apt size of the building (excluding common stairwell) is about 205 sq metres and the commerical place is about 80 sq metres. There a yard behind which could hold maybe two cars but theres no structures in it of any value. Lets say total site is worth 3-4 million (max). Its mid terrace so there are similar 4 storey buildings either side.
The buildings insurance is currently at €1.3 million is this sufficient? What percentage of the value typcially should the buildings insurance be?
Any help would be much appreciated.