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3 000 000 €

Investment project in Helsinki, Finland, 950 sq.m

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  • Investment project in Helsinki, Finland, 950 sq.m - picture 1
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  • Investment project in Helsinki, Finland, 950 sq.m - picture 1
  • Property ID on Prian.info: 3175014
    Last update: 26.02.2024
    Number of views: 5334

3 000 000 €

Investment project in Helsinki, Finland, 950 sq.m

950 sq.m

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  • Property ID on Prian.info: 3175014
    Last update: 26.02.2024
    Number of views: 5334

Specifications

Sale price 3 000 000 €
Price per square meter 3 000 €
Floor area 950 sq.m
Construction phase Off-plan
Facility completion deadline 2022
Address Finland, Helsinki

Description

According to the project, it is planned to build a multi-apartment 2-storey residential complex for 44 apartments with an area of 25-62 m2 on a plot of 3780 m2. The total living area of the building will be 1600 m2. The plot is located in the city of Sipoo (a suburb of Helsinki) in an area of active new development.

The cost of a plot with a ready-made project approved in the municipality, including an already established Housing Joint-Stock Company and obtaining a construction permit - 800,000 euros, the construction of 1600 m2 "turnkey" at 2500 euros per m2 - 4,000,000 euros.

Total 4 800 000 euros. Bank financing will be organized for part of the construction budget (1.8 million).

At the moment, the minimum price of 1 m2 of such housing in Sipoo is 3890 euros per m2, the average is 4500 euros per m2. The business plan implies the implementation of 4,000 euros per m2.

An offer for an Investor: an investment of 3,000,000 euros with the receipt of 950 m2 of turnkey apartments . When selling for 4000 The revenue per m2 will amount to 3 800 000 euros , which corresponds to a return of 26.6% on invested funds. Total investment period of 15 months: October 2021 - December 2022. Payment is made in stages in accordance with the construction schedule. The developer is a Finnish company with extensive experience.

Collective investment options are being considered (2-3 co-investors with registration of corresponding shares in the project by distributing shares of ZHAO). You can arrange remote viewing: an unlimited number of photos and videos, a quadrocopter, etc. The transaction can also be carried out remotely - you can entrust the signing of the contract to a Finnish lawyer, whom you can choose yourself, or use the services of our Finnish colleagues.

You can get a residence permit in Finland for economic reasons.