man buys abandoned bank for $34,000 and transforms it into a two-bedroom apartment in six months
2024-09-06
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according to fox news on september 5, a couple renovated a bank that had been abandoned for 12 years and turned it into their home.
ryan green, a 28-year-old real estate developer, bought the abandoned storefront of the north wales bank in his hometown. he said that when he and his girlfriend saw the bank, they had the idea of buying this "empty shell". green said: "i grew up in the village where this bank is located. as far as i can remember, it has always been empty. when we saw it was auctioned again, we decided we had to buy it." green said that he bid about $34,000 at the auction, and then his computer crashed. when he turned on the computer again, he found that he had won the bid. thirty days after the successful bid, green got the key to the bank. he said: "it's completely empty here. we need to install new ceilings, new heating, new wiring and fire alarms."
the renovation took six months and cost about $65,000. the renovated house has two bedrooms, eight windows, all with double glazing, a new roof, a bathroom and a kitchen, while retaining the bank's previous safe and door. green and his girlfriend then moved in. the front half of the house is a home decoration store, which is a side business run by green and his girlfriend, and the two live in the back of the house.
now the couple has moved out and started their next project - renovating a beachfront apartment. after completing this project, green also plans to renovate a 12-acre farm and turn it into a luxury resort. he said: "we have been renovating these properties for the past three and a half years, and we hope to use the money we earn to build a rescue shelter for dogs." (china youth network compiled report)
(source: china youth network)
