Investment project for the construction of a residential complex, Bremen, Germany

Additional information is provided after the signing of an NDA

Investment project for the construction of a residential complex, Bremen, Germany

4,490,000 €
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Total area: 2,152 m² Yield: 5.4% Built in 2018
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Features
  • Operating Incomе: 243,480 €
  • Land area: 3,367 m²
  • 4-floor building
  • Number of parking lots: 36
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 4.8%
  • Total apartments: 24

Four residential houses under construction.

Description

Total area of the property is 2,150 m²

The complex includes four buildings of the same type with 24 apartments with balconies. Each flat is provided with a storage room. The houses are fitted with elevators. The buildings have a high level of energy efficiency.

The purchase price includes parking for 36 cars.

Financial performance

The projected sales revenue is 5,072,000 €.

The profit of the investor before tax is 942,000 €.

The return on invested capital (gross) is 21%.

With saving the property in portfolio:

The projected absolute annual income is 243,480 €.

The projected yield is 5.4%.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 5%.

The broker's fee of 4.76%.

Location and nearby infrastructure

The complex is located in the southern suburb of Bremen. Public transport stops are situated within walking distance, shops and schools are situtaed within few minutes drive.

Statistics in Bremen

Price per m², €
3,250
Safely rate
54
Index 54 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 3,250.0
Apartment in a bedroom community, m² 2,100.0
Transport Price, €
Public transport, 1 ride 2.8
Monthly travel card 64.25
Taxi, 1 km 1.0
Petrol, 1 l 1.41
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.67
White bread, 500 g 1.27
Eggs, a dozen 1.86
Chicken fillet, 1 kg 7.32
Education Price, €
Kindergarten, per month 339.33
International school, per year 13,166.67
Security index
Crime rate 53.13
The risk of being robbed 44.53
The risk of car theft 48.44
The risk of break-in and property damage 58.82

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Julia Morozova
Julia Morozova
Project Manager at Tranio.Com Capital Markets Department
+44 17 4822 0039
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