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650 000 €

Investment project in Helsinki, Finland, 240 sq.m
  • Investment project in Helsinki, Finland, 240 sq.m - picture 1
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  • Investment project in Helsinki, Finland, 240 sq.m - picture 1
  • Investment project in Helsinki, Finland, 240 sq.m - picture 2
  • Investment project in Helsinki, Finland, 240 sq.m - picture 3
  • Investment project in Helsinki, Finland, 240 sq.m - picture 4
  • Investment project in Helsinki, Finland, 240 sq.m - picture 5
  • Investment project in Helsinki, Finland, 240 sq.m - picture 6
  • Investment project in Helsinki, Finland, 240 sq.m - picture 7
  • Investment project in Helsinki, Finland, 240 sq.m - picture 8
  • Investment project in Helsinki, Finland, 240 sq.m - picture 9
  • Investment project in Helsinki, Finland, 240 sq.m - picture 10
  • Investment project in Helsinki, Finland, 240 sq.m - picture 11
  • Investment project in Helsinki, Finland, 240 sq.m - picture 12
  • Investment project in Helsinki, Finland, 240 sq.m - picture 13
  • Investment project in Helsinki, Finland, 240 sq.m - picture 14
  • Property ID on Prian.info: 3495042
    Last update: 23.04.2024
    Number of views: 7028

650 000 €

Investment project in Helsinki, Finland, 240 sq.m

240 sq.m 25% per year
Online Viewing Remote Transaction

  • On the map
  • Property ID on Prian.info: 3495042
    Last update: 23.04.2024
    Number of views: 7028

Specifications

Sale price 650 000 €
Price per square meter 2 708.33 €
Floor area 240 sq.m
Construction phase Off-plan
Facility completion deadline 2024
Address Finland, Helsinki
Location at the seaside

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 25 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price
Possible payment by installments

Description

Investment project for the construction of a residential complex in Finland in the suburbs of Helsinki, investor income of 25% for 10 months. Various payment methods as work progresses on site.

We will assist in obtaining a European residence permit for the whole family. Collective investment options are being considered (2-3 co-investors with registration of the corresponding shares in the project through the distribution of shares of JSC)

The fairytale town of Porvoo is located half an hour from Helsinki, founded in 1380. The center and the waterfront with its red barns are one of the most photographed landscapes in Finland. Porvoo is always popular among tourists. More than 1.6 million tourists come every year to admire the colorful wooden houses, stroll the winding cobbled streets, and visit the cozy restaurants and shops.

The plot is located in the urban area of Toukovuori, 3 km from the historical center on the shores of the Gulf, where nature creates its own world and principles of sustainable development. Toukovuori is an excellent residential area for those who love nature. In winter, some of the detached houses have direct access to the ski slopes from their own backyard, while all the amenities of Porvoo with its many shops, restaurants and cafes are just a 5-minute drive away. From the south the area is washed by the bay of Stensbølen and Sikosaari. The Toukovuori area was designed holistically from an energy efficiency point of view, right down to zoning. This is the first residential area where traffic is organized in such a way as to minimize the carbon footprint.

In accordance with the project, a residential complex of 2-storey houses is currently built on a plot of 4400 m2: six semi-detached houses of 100 m2 + 100 m2, four detached houses of 140 m2. Each house will have a living room, a kitchen-dining room, two bedrooms, two bathrooms, and a sauna. The total living area of the building is 1760 m2. The plot is located 3 km from the historical center of Porvoo in a prestigious area of active new development, the Bay is 400 meters away.

Currently, the minimum price of 1 m2 of such new housing in Porvoo is 3600 - 3700 euros per m2, apartments in the immediate vicinity of the site are sold for 4200 - 4500 euros per m2.

OFFER FOR INVESTORS

Investment of 650,000 euros with the receipt of two houses: 100 m2 + 140 m2 turnkey - with full finishing, kitchen with appliances, all engineering systems and landscape design. If sold at a minimum price of 3,400 euros per m2, the proceeds will be 816,000 euros, which corresponds to a 25% return on investment. Investment period is 10 months: February 2024 - December 2024. The construction contract is concluded directly with the Finnish contractor, a phased payment scheme as work progresses.

60% of the houses have already been built.

Detailed information on request. We will help you obtain a European residence permit.v


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