Germany
Federal State of North Rhine-Westphalia
, Essen
Student residence
The student hostel is just a 15-minute walk from the historical center of Essen, in the Nordstadt district, next to one of the largest universities in Europe Duisburg-Essen (more than 37 thousand students).
Near the hostel there are all necessary infrastructure facilities (cafes, restaurants, pharmacies, public transport stops), a park, a university campus.
Year of construction of the building: 2019
Land area: 453m2
Living area: 699,75m2
Heating: gas
There is an elevator in the building
4 floors + attic floor
10 apartments for 30 people:
1 apartment (1 person in an apartment: 450€/month)
7 apartments with 3 rooms
(total of 3 people in each apartment: 330€/month. × 3 × 7 = 6930€/month)
2 apartments with 4 rooms
(total of 4 people in each apartment: 330€/month. × 4 × 2 = 2640€/month)
There is a sufficient number of parking spaces in the courtyard of the building.
In addition, there are 6 garages that can be rented for 50€/month.
The design, construction and decoration of the building are made taking into account high energy, technical and environmental standards.
Rental income: 120,000€/year
Return on equity: 4.3% per annum
Price: 2 800 000€
