The best development offer
Application deadline: January 30
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.
We wanted to achieve several goals by buying a property. The foremost goal was to obtain a European residence permit and, in doing so, safeguard our family against the economic instability in our home country. The second one was to realise the opportunity of spending all of our children’s school holidays, as well as our own summer holidays, in Spain.Read all
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