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332 800 €

Investment project in Duesseldorf, Germany, 182 sq.m
  • Investment project in Duesseldorf, Germany, 182 sq.m - picture 1
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  • Investment project in Duesseldorf, Germany, 182 sq.m - picture 1
  • Property ID on Prian.info: 3734760
    Last update: 12.03.2024
    Number of views: 2822

332 800 €

Investment project in Duesseldorf, Germany, 182 sq.m

182 sq.m 22.28% per year
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3734760
    Last update: 12.03.2024
    Number of views: 2822

Specifications

Sale price 332 800 €
Price per square meter 1 828.57 €
Floor area 182 sq.m
Construction phase Off-plan
Facility completion deadline 2025
Number of storeys 5
Parking 38 places
Address Germany, Duesseldorf
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 22.28 %

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


Description

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.
Townhouses 4 units

Apartments 20 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 665.600 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 222.474 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 investor + 3.57% of the investment amount
Additional information can be provided upon request.


Contact seller

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Representative

Antonin
personal manager
Languages: english, german
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Seller
Antonin personal manager

DEM GROUP GmbH

Languages: english, german
Contact seller