- 27,285,000 €
- 4.7% yield
- Berlin Student dormitory (building) 10,000,000 €
- Basic parameters
- Photo
№ 1,882,882
Student dormitory 1,730 m² in Berlin
10,000,000 €
5,780 € /m²
- Apartments 45
- Yield 4.0%
- Constructed —
- Price per key —
Key project parameters
- Leasable area
- 1,319 m²
- Total area
- 1,730 m²
- Land area
- 712 m²
- Apartments
- 45
Project description
The project for a construction of student apartments in Berlin.
Description
The project involves the construction of 45 micro-apartments (from 18 to 25 m² each).
There is a permission to build a student dormitory with a total area of 1,730 m² (net floor area of 1,319 m²) on a land plot of 712 m².
Land value: 4,000,000 €.
Turnkey project cost (including the purchase of land plot): 10,000,000 €.
Deal structure: Asset deal.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 4.0%
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
Location and nearby infrastructure
The building is located 5 km from the center of Berlin. In the immediate vicinity of the micro-apartments there are several grocery stores of the well-known large retail chains. Bus stop — just 100 m away.
Berlin is the capital of Germany with the population more than 3.9 million people.
Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. The city is home to large corporations such as Siemens, Volkswagen, Pfizer and SAP.
Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.
Tegel and Schönefeld Airports of Berlin serve more than 40 million passengers a year.
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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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