Investment land in Pforzheim

Land plot with a factory for the implementation of a project for the construction of commercial spaces and residential complex in the suburbs of Pforzheim.

Description

Due to the reconstruction of the factory located on the site and partial construction it is possible to realize a new residential building with office spaces which are currently in great demand in Pforzheim and its suburbs.

The project will be implemented at the expense of the buyer.

The estimated total area of the residential complex will be 12,650 m², office space — 6,130 m².

Negotiations with potential tenants are underway.

Currently, the spaces in the factory building are leased.

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

Brokerage fee is 4% + 19% VAT (in total 4.76%).

The property is located close to the city, near the natural area and river. Good transport accessibility: proximity to the highway, railway station.

In total, about 650 thousand people live in Pforzheim/ Karlsruhe agglomeration.

The city is a bridge between Stuttgart and Karlsruhe. It's famous for the production of jewelry and watches.

Developed branches: processing of precious metals, engineering, information and educational services.

The city develops intensively and attracts not only lovers of jewelry, but also tourists.

Key enterprises: Aktivbank AG, Allgemeine Gold-und Silberscheideanstalt AG, Binder FBM, DODUCO, Heimerle + Meule, Karl Lupus, Klingel Versand, Mona Versand.

Also, many small and medium-sized businesses are located in the suburbs of Pforzheim.

Unemployment rate: 5.5% as of June 2018.

Purchasing power: 22,059 euros per person.