- 27,285,000 €
- 4.7% yield
- Dortmund Apartment building 2,500,000 €
- Basic parameters
- Photo
№ 1,848,910
Apartment building 569 m² in Dortmund
2,500,000 €
4,393 € /m²
- Apartments 7
- Yield 4.0%
- Constructed 2020
- Price per key —
Key project parameters
- Total area
- 569 m²
- Land area
- 450 m²
- Apartments
- 7
- Number of parking lots
- 7
- Constructed
- 2020
Project description
New apartment building near the Phoenix See lake in Dortmund.
Description
The end of construction of the turnkey project is scheduled for September, 2020.
The apartment building includes 7 flats with a total area of 569 m².
There is parking for 6 cars + 1 garage.
The building will have an installed gas heating system, a passenger elevator and underfloor heating.
Tenants
- Agreement
- n/a
The average rental rate in this area is 10.5 €/m².
Thus, the expected income will be about 72,000 € (2.9%).
Financial performance
- Yield
- 4.0%
Location and nearby infrastructure
The property is located not far from Lake Phoenix See in Dortmund, in the area with well-developed infrastructure.
Dortmund is a city in the west of Germany, in the federal state of North Rhine-Westphalia with a population of about 600 thousand people.
Dortmund is one of the largest transport hubs in Westphalia. The motor transport network is well developed thanks to six autobahns and five highways passing through the city.
One of the landmarks of Dortmund is the brewing industry. Today, 6 Dortmund breweries produce more than 7 million hectoliters of beer per year.
At the same time, the city is also the center of heavy industry, in particular, the steel industry. Dortmund holds a leading position in the transport system of Germany. The local train station is in the top 4 largest in the country; annually it serves over 40 million passengers.
In river transport, thanks to the Dortmund-Ems canal, the city port connected to the Rhine and the North Sea is one of the largest river ports in Europe.
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Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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