Some of the popular reno shows on HGTV feature all types of different situations from various parts of the world and I often wonder what home makeovers look like in other countries.
Some of the makeovers are pretty extensive and I always wonder if they ever get their money back.
Or in the case of a rental property, do they generate enough revenue to make the project worthwhile.
I came across this post about a couple that purchased an old stone cottage built in 1897 and turned it into a 5 star Bed and Breakfast. Some major renos for sure, including wiring, plumbing, and tearing down some rooms to the bone. A bit of paper, some paint, new furniture and voila, they are good to go.
Some info and pics here.