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350 000 €

Investment project in Essen, Germany, 353 m²
  • Investment project in Essen, Germany, 353 m² - picture 1
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  • Investment project in Essen, Germany, 353 m² - picture 1
  • Investment project in Essen, Germany, 353 m² - picture 2
  • Property ID on Prianproperty.com: 3734756
    Last update: 02.09.2024
    Number of views: 4357

350 000 €

Investment project in Essen, Germany, 353 m²

353 sq.m 55.86% per year
Online Viewing Remote Transaction

  • Property ID on Prianproperty.com: 3734756
    Last update: 02.09.2024
    Number of views: 4357

Specifications

Sale price 350 000 €
Price per square meter 991 €
Floor area 353 m²
Construction phase Off-plan
Facility completion deadline 2026
Number of storeys 4
Floor 4
Parking 4 places
Address Germany, Essen
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 55.86 %

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


Description

Investment project in Essen

The project includes the construction of a residential building in the city of Essen

Land area 353 sq. m.
Total area of ​​apartments 413 sq. m.

Number of apartments: 4 units

Number of garages: 4 units

The building permit has already been received!

Total project costs 1,739,520 euros

Planned implementation cost: 2,130,554 euros
The total estimated profit for the project will be 391,034 euros

In co-founding with the investor, the turnkey project is being carried out by DEM GROUP GmbH. The profit from the project is distributed in accordance with the established shares.

The investor's income is 195,517 euros, which will amount to 55.86% of the invested amount.

Planned project implementation period: 1.5 years

Investor commission + 4.76% of the investment amount
Additional information can be provided upon request.


Contact seller

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Representative

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

DEM GROUP GmbH

Languages: english, german
Contact seller