3 bedroom house Karlsruhe, Germany

Germany, Karlsruhe
€1,02M
;

Location

  • Country
    Germany
  • State
    Baden-Württemberg
  • City
    Karlsruhe
  • Address
    Edgar-Heller-Straße

Property characteristics

Building parameters

  • Bedrooms
    Bedrooms
    3
  • Bathrooms
    Bathrooms
    3

Description

Commercial proposal We offer to invest in the construction of small apartment buildings in Germany. The current project consists of two townhouses with a total area of 352 m2 on a plot of 471 m2. Location: The rich southern land of Baden-Württemberg. Near the border with France and Switzerland. An industrially developed region. Near the Mercedes factory. High purchasing power of the population. A large influx of specialists to the nearby city of Worth. The house is located in a prestigious cottage village. On the first floor of the houses there is one apartment 56.46 m2. The second apartment 119.89 m2 on the second floor of each house. Cost of land and construction: Land area: 471m2 Purchase price with registration: 278.200,00 Euros Built-up area: 352 m2 at 2.100 Euros. Total 739.200 Euros Total cost: 1.017.400, 00 Euros Profit: 197.000 Euros Yield: 16.22% Possible profit when renting out: 3.520,00 Euros per month. The project completion 1 year. Advantages of the project: Reliability-developer with many years of experience in the real estate market in this region. Construction permit has been obtained Flexibility - you can sell some of the apartments for investment, and rent out the rest. There is a high stable demand for rent. Money laundering in Germany Knowledge about the market for further investment Establishing relationships with German businesses to collaborate for new projects No risk High liquidity of apartments Growing market - the price increases every year by 3-5%
Posted at: 23/05/2024
Updated at: 01/06/2024

Location on the map

Germany, Karlsruhe

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