Investment project, Hamburg, Germany

Additional information is provided after the signing of an NDA

Investment project, Hamburg, Germany

1,365,000 €
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Total area: 800 m²
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Features
  • Land area: 811 m²
  • IRR 16.0%
  • Total apartments: 5

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

Description

The essence of the project: the purchase of a site, obtaining permission to build a 5-apartment house, selling apartments. 

In the project costing, 30% of investments for construction costs are mortgaged, the rest of the construction is financed from sales.

Project term: 18 months.

Financial performance

The required investment is 1,365,486 €.

LTV — 55%.

The project costs are 3,065,486 €.

Sales price is 4,025,000 €.

Profit before tax 959,514 €.

Profit of the investor after taxes 321,437 €.

Investor IRR 16% p. a.

Location

Marienthal is a quiet, expensive area of Hamburg with many parks. It is attractive to young families and located in the north-east of the city.

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Enquire about this apartment building
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services