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  • Latgale Suburb, Riga, Latvia
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Commercial property for sale in Latgale Suburb

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008
    Sort by:
    Price
    Yield
    Abs. return
    Area
    Year of construction
    3,500,000 €
    Yield
    8.0%
    Abs. return
    Area
    2,035 m²
    Year of construction
    2,638,000 €
    Yield
    Abs. return
    Area
    35,000 m²
    Year of construction
    1,900,000 €
    Yield
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    Area
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    Yield
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    Yield
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    Yield
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    Abs. return
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    Abs. return
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    Yield
    Abs. return
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    Year of construction
    600,000 €
    Yield
    Abs. return
    Area
    Year of construction
    2,635,000 €
    Yield
    Abs. return
    Area
    Year of construction

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    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Latgale Suburb
    +44 17 4822 0039
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