Investment project in Koeln, Germany, 409 m²

Germany. Cologne-Frechen. Investment project for the construction of an apartment building with a permit. North Rhine-Westphalia Investment project: land plot in Germany near Cologne in 50226 Frechen, 409 m² Property ID: 17363 Online viewing Remote purchase €1,000,000 Property type: investment projects Floors 1-2-3 Total area 409 m² plot (with a building permit for 575 m²) Property status: Available 7 apartments, 5 parking spaces Annual income (actual) for the investor: 8% guaranteed - €80,000 Building land plot in the center of Frechen - for the construction of an apartment building with 7 apartments and 5 parking spaces. Building permits available. The total project costs are €2,179,040. Apartments are expected to sell for €5,200 per square meter. Total: - Apartments sold for €2,990,000 The total estimated profit for the project is €704,217. The investor's return will be €160,000, or 16% of the investment in euros. With a project implementation period of 18 months, this is 10.66% per annum. The project implementation period is planned for 18 months. Additional information is available upon request. We will sell your apartment or house. We have a selection of apartments and houses for various budgets, including commercial properties.