Investment project, Berlin, Germany

Additional information is provided after the signing of an NDA

Investment project, Berlin, Germany

2,100,000 €
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Total area: 920 m²
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Features
  • IRR 11.0%
  • Total apartments: 10

Club investments in the construction of a 10-apartment building in Berlin.

Description

The essence of the project: the purchase of a site, obtaining a permit for the construction of a 10-apartment building, the sale of apartments. 

The municipality has already approved the pre-project permit.

Project term: 18 months.

Financial performance

The required investment is 2,100,000 €.

The project costs are 3,712,733 €.

Sales price is 4,478,095 €.

Profit before tax 765,362 €.

Investor IRR 11% p. a.

The distribution of profits between the investor and the developer is 70/30 in favor of the investor.

Location

The project is located in the Tempelhof district, which is situated in the northeast of the Tempelhof-Schöneberg area.

There is a developed infrastructure, a lot of entertainment here, but this area is generally quieter than Mitte or Kreuzberg. The main attraction of the area is one of the best zoos in Europe.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Tempelhof-Schöneberg elsewhere on our website.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Tempelhof-Schöneberg
+44 20 3608 1267
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