Property Overview:
8 residential apartments
Residential area: 599.09 m²
Total building area: 953.52 m²
Apartment sizes: 57.15–86.33 m²
7 parking spaces
Apartments located across four floors
Selected units include balconies, loggias, or terraces
The apartments are suitable for both owner-occupiers and long-term rental investors.
Project Status
The project is fully prepared for the commencement of construction.
Completed milestones include:
Building permit obtained
Demolition works completed
Acoustic insulation concept prepared
Energy efficiency concept completed
Fire safety concept approved
Apartment layouts finalized
Façade and courtyard renovation concepts completed
Planned construction completion: August 2027
Financial Model:
Acquisition of the project company: €990,000
Construction budget: approximately €1,320,000
Total estimated project budget: approximately €2,310,000
Expected apartment sales price: €5,250 per m²
Parking space price: €15,000 per unit
Projected gross sales revenue: €3,250,222
Expected project profit: approximately €940,000
The projected sales prices are stated before sales commissions. The final profit should be confirmed following a review of the complete financial model, taxation, and all related transaction and operating costs.
Investment Process:
1.The investor acquires 100% of the shares of the project company for €990,000.
2.Pre-sales of the apartments are launched.
3.Buyers make staged payments according to construction progress under the German MaBV regulations.
4.These proceeds finance a significant portion of the construction costs.
5.Upon completion and sale of the apartments, the investor recovers the invested capital and receives the project profit.