Investment project in Stuttgart, Germany, 2 350 m²

Germany. Geislingen. Near Stuttgart. Investment project for the construction of an apartment building with a permit. Investment project: land plot in Germany in 72351 Geislingen (Neubauprojekt in Baden-Württemberg), 2,350 m² Property ID: 17153 Online viewing Remote purchase €1,100,000 Property type: investment projects Project floor Total area: 2,350 m² Property status: available 14 apartments and 14 garages Annual investor income (actual) for the project: €617,311 (~56.12%) Plot size: 2,350 m² Living area: 1,260 m² Apartments: 14 units Underground garage parking spaces: 14 units Total project cost: €4,035,722.00 (All utilities are included in this price) (amount) Residential area sales price: €4,150.00 / m2 Garage parking space sales price: €25,000.00 / space Sales revenue: Underground garages: €350,000.00 Total sales revenue: €5,579,000.00 Pre-tax return: €1,543,278.00 Investor capital required: €1,100,000.00 Pre-tax return for investor: €617,311.00 The investor receives a 40% stake, equivalent to a return of approximately 56.12% in approximately 18 months. The land has already been purchased and paid for, and a building permit is already in place. The project could be launched immediately and, due to its compact size, offers a very quick return on investment. We have construction financing offers from two different banks. Details upon request. We will sell your apartment or house. We have a selection of apartments and houses for various budgets, including commercial properties.