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501 660 €
501 660 €
| Sale price | 501 660 € |
| Price per square meter | 1 421.13 € |
| Floor area | 353 sq.m |
| Construction phase | Off-plan |
| Facility completion deadline | 2024 |
| Number of storeys | 4 |
| Floor | 4 |
| Parking | 4 places |
| Address | Germany, Essen |
| Location | within the city |
| Profitability | |
|---|---|
| Annual return | 25.98 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
The project provides for the construction of a residential residential building in the city of Essen
The plot area is 353 sq. m.
The total area of the apartments is 413 sq. m.
Number of apartments: 4 pcs.
Number of garages: 4 pcs.
The construction permit has already been received!Total project costs 1.739.520 euros
Planned cost of implementation: 2.130.554 euros
The total estimated profit for the project will be 391.034 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 501.660 euros. 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 195.517 euros, which will amount to 38.97% of the invested amount.
Planned duration of the project: 1.5 yearsCommission for the investor + 4.76% of the investment amount
Additional information can be provided upon request.
