Investment land, Lower Saxony, Germany

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Investment land, Lower Saxony, Germany

4,500,000 €
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Total area: 14,491 m² Land area: 3,750 m²
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Features
  • 4-floor building
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 4.0%

A plot for the construction of an apartment building with retail space on the ground floor.

Description

A preliminary permit for the building of a four-story house with 3 commercial units on the ground floor is received. 

According to the project, the building consists of 105 apartments ranging from 35 to 187 m², storage space of 248 m² and 3 retail units with a total area of 769 m². 

The tenants of the commercial premises are a pharmacy, a shop of glasses, a store of hearing aids. 

It is possible to purchase the ”turn-key“ object, in this case, the price is negotiable.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 5,0%.

Brokerage fee is 4% + VAT 19% (total 4,76%).

Location

The proprty is located near the city of Wolfsburg, known for being the headquarters of the Volkswagen Group.

The district belongs to the industrial region of Gifhorn, one of the largest in Lower Saxony. The region has a developed metal-working, construction, printing industry, as well as services and agriculture.

The area is popular with tourists because of the proximity of the Lüneburg Heath.

The area is well-developed infrastructure: shops, pharmacies, a large shopping park and hotels are in close proximity. Nearby there are public transport stops and access to the motorway.

The distance to Wolfsburg is 10 km, to the Volkswagen plant — 8 km, to Braunschweig — 40 km.

Statistics in Germany

Price per m², €
4,906
Healthcare efficiency level
74
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
66
Index 66 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 4,905.7
Apartment in a bedroom community, m² 3,386.31
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.4
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.7
White bread, 500 g 1.3
Eggs, a dozen 1.82
Chicken fillet, 1 kg 7.31
Education Price, €
Kindergarten, per month 307.85
International school, per year 14,680.58
Health care index
Staff competence 77.5
Medical equipment 89.46
Research accuracy and completeness 75.69
Attitude towards patients 68.71
Security index
Crime rate 34.23
The risk of being robbed 32.28
The risk of car theft 31.75
The risk of break-in and property damage 42.98

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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You can see more investment lands for sale in Lower Saxony elsewhere on our website.

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Artem Ezhkov
Artem Ezhkov
Investment Consultant
+44 17 4822 0039
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