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100 000 €

Investment project in Recklinghausen, Germany, 1 276 sq.m
  • Investment project in Recklinghausen, Germany, 1 276 sq.m - picture 1
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  • Investment project in Recklinghausen, Germany, 1 276 sq.m - picture 1
  • Investment project in Recklinghausen, Germany, 1 276 sq.m - picture 2
  • Property ID on Prian.info: 3734768
    Last update: 27.03.2023
    Number of views: 3552

100 000 €

Investment project in Recklinghausen, Germany, 1 276 sq.m

1276 sq.m 7.5% per year
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3734768
    Last update: 27.03.2023
    Number of views: 3552

Specifications

Sale price 100 000 €
Price per square meter 78.37 €
Floor area 1 276 sq.m
Construction phase Off-plan
Facility completion deadline 2025
Number of storeys 5
Parking 16 places

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 7.5 %

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

Annual income 7 500 €

Annual rental revenue, excluding operating expenses


Description

The project provides for the construction of a residential building with parking in Recklinghausen.
Plot size 800 m2
Total living area of the apartments: 1276 m2
Number of apartments: 22 pcs.
Number of garages: 12 pcs.
Number of parking spaces: 5 pcs.
The investor is invited to participate in the project based on the contribution of his own funds in the amount of 100,000 eurosTotal project costs 4.851.804 euros

Planned cost of implementation: 5.552.100 euros
The investor's income will be 15,000 euros (at the rate of 7.5% per annum)
The project implementation period is 2 yearsAdditional 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