Alchemi Group purchased a two bedroom top floor walk-up flat in poor condition. At the same time, the air rights were negotiated to build above the flat. Obtaining the rights enabled Alchemi Group to transform the property into a 1,500 square foot penthouse flat with a private terrace. So desirable was this living space that it sold “off plan” while still being constructed. This quick turnaround enabled the Group to procure an impressive ROI of 60.5% for their investors.