Investment project in Duesseldorf, Germany, 1 137 m²

Germany. Düsseldorf. Investment project for the construction of an apartment building with a permit. North Rhine-Westphalia Investment project: land plot in 40468 Düsseldorf, plot area 1,137 m² Property ID: 17217 Online viewing Remote purchase €833,000 Property type: investment projects Project floor Total area: 1,137 m² plot / 660 m² housing construction Property status: available Annual income (actual) Total investor income from the project: €210,919 (~25.23%) Project key features The project includes the construction of a residential complex with apartments and 12 parking spaces. Plot area: 1,137 m² Total living area of ​​apartments: 660 m² Residential building units (sq. m). Parking: 12/0 units. The investor is offered a share in the project based on a contribution of €833,000. Construction financing by a German bank for the remaining amount is provided under the guarantee of our German company. Total project costs will be €3,474,702.80. Apartments are planned to sell for €5,700 per sq. m. Parking space will sell for €20,000 per parking space. Total: - Apartments sold for €3,762,000 - Parking spaces (12 units) sold for €240,000 Total sales price (apartments and parking spaces) will be €4,002,000.00. The total estimated profit for the project will be €527,297.20. The investor's return will be €210,219.00, representing a 25.23% return in euros on the investment. This project is expected to be completed in approximately 18 months. Buyer commission is +4.76% of the project cost. 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.