Hotel – Petrovac, Budva, Montenegro
- Total area427 m²
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- €2.6M investment amount
- 10 % yield
- 2 years project term
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.
