An investment project.
Construction project of the nursing home with 140 beds (90 rooms for permanent care and 40 apartments for independent living).
The projected area of the building is 6,240 m²
The land plot area is 5,200 m²
The construction of the property will be completed on December 31, 2019.
The investor has the opportunity to sell the nursing home after the completion of the construction or to leave the object and lease it out.
The total cost of the project is 13 million euros.
The required capital of the investor is 3.6 million euros.
The amount of bank financing is 9.4 million euros.
The IRR of the investor is 21%.
Bank interest rate: 2%.
Bank loan term: 2 years.
The tenant of the property is a nursing home.
The lease agreement is signed for 25 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 3.57%.
Location and nearby objects
The project is located in the city with the population of about 5 thousand people. The city center and the state clinic are situated within walking distance from the property. The distance to Munich is about 140 kilometres.