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998 400 €
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998 400 €
| Sale price | 998 400 € |
| Price per square meter | 548.57 € |
| Floor area | 1 820 sq.m |
| Construction phase | Off-plan |
| Facility completion deadline | 2025 |
| Number of storeys | 5 |
| Parking | 37 places |
| Address | Germany, Duesseldorf |
| Location | within the city |
| Profitability | |
|---|---|
| Annual return | 24.4 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
The project provides for the construction of a residential complex with a restaurant and underground parking in the city of Dusseldorf
The plot area is 1635 sq. m.
The total area of apartments and townhouses is 1820 sq. m.
The restaurant area is 200 sq.m.
Apartments 20 units
Townhouses 4 units
Parking spaces 18 units
Parking spaces (underground parking) 20 units
The cost of a land plot with registration: 3,328,000 euros
Preliminary cost of construction: 6.533.159 euros
In co-founding with an investor, the turnkey project is led by DEM GROUP GmbH. The profit from the project is distributed in accordance with the established shares.
The required volume of own investments is 998.400 euros. The financing of the construction by the German bank for the entire remaining amount is provided under the guarantees of DEM GROUP GmbH.
The investor's income is 333.711 euros, which will amount to 33.42% of the invested amount.
The planned duration of the project: 18 months from the date of receipt of the construction permit.
Commission for the Buyer + 3.57% of the investment amount
Additional information can be provided upon request.
