Netherlands
Amsterdam
Investment project in the Overtom area
Investment project in the central district of Amsterdam - Overtom
A building (former auto repair shop) with a permit for reconstruction into a residential building with 12 apartments with subsequent rental of apartments.
All permits have been obtained, work has been carried out to strengthen the foundation.
Number of floors: 3 (basement + 2 ground)
Ground floor: 6 apartments with private gardens
Second floor: 6 apartments
All apartments have a separate entrance, each apartment has an individual storage room.
On the basement floor there is a shared parking for bicycles.
It is possible to obtain a parking permit in front of the house.
All the documents are ready.
Turn-key project implementation period: 6-9 months
Investor's profit from renting out apartments: 5-6% per year + capital growth (in this area of Amsterdam there is a steady increase in real estate prices)
The price of the object with full design and turnkey works: 4,200,000€
