Land in Duesseldorf, Germany, 1 772 m²

Germany. Dusseldorf. A plot of land with a building permit. Land plot (with building permit) 40229 Dusseldorf, 1772 m2 Object code: 17961 Online viewing Remote purchase 4,000,000 € Floor 1-2-3-4 Total land area 1772 m2 (possible to build 2211.9 m2) m2 Property status available Number of rooms 95 apartments Annual income (actual) on request € Annual income (possible) on request € Duesseldorf Eller (student apartments) A project for the construction of 95 apartments on a plot of land in Dusseldorf. The City expresses its unequivocal support for such planning. The main data of the project is as follows: Purchase price of the project, including land, building permit and financing: 4,000,000 euros. The payment of this amount depends on the precondition, which will also be notarized. Distribution of the purchase price: o Upon notarization, the amount of 2,800,000 euros will be declared as the purchase price of the property (to optimize the transfer tax). o The remaining 1,200,000 euros will be reflected in a separate invoice, which includes financing from NRW Bank, a construction permit and other services related to the project. o The commission is paid by the Buyer in the amount of +5.95% of 4,000,000 euros after notarization of the transaction. o 12,000,000 euros have been submitted for financing to the NRW bank, 6,000,000 euros must be returned on very favorable terms to the land plot with a construction permit for 95 student apartments 40229 Duesseldorf - subsidized new building with financing from NRW. Location of the Düsseldorf-Eller BANK, cadastral area: Flur 16 / Flurstück 222 Central micro location with excellent transport accessibility and high rental demand in the student segment. Main parameters of the object Category Details Type of object Land plot with planned development Plot area 1,772 m2 Planned number of apartments 95 student apartments with common areas Area of apartments approx. 22.75 m2 each Total living area (including common areas) approx. 3,022.10 m2 Total area (residential + usable) approx. 3,812 m2 Number of floors 3 full floors Construction permit issued in May 2025. NRW subsidy approx. € 12 million of public financing (NRW. BANK) Completion certificate (Abgeschlossenheit) already available Permitted use Use as a student dormitory with subsidy Sale price 4,000,000 euros (of which 2.8 million euros — land, 1.2 million euros — services/subsidies) Transaction form The sale is possible both in the form of an Asset-Deal and in the form of a Share-Deal. The prerequisite will be a notarized buyer's commission of 5.95% including VAT Features and investment advantages The project is subsidized by the NRW state program. The BANK is an ideal solution for investors focused on student rentals High demand for housing with limited supply in this location A complete set of project documentation has already been prepared Construction can begin immediately after obtaining a permit. It is important that the actual fixed purchase price (notarized as part of an Asset or Stock Transaction) is the basis for calculating the commission. Commission in the amount of +5.95% (including VAT) from the buyer. We will sell your apartment or house. There is a choice of apartments and houses in various budgets, including commercial ones.