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Residential Complex with Land Plot in Germany
The land plot is located in the very center of the city, in close proximity to the main shopping center and the city hall, on a quiet, green street with private housing. The area is historically rich with a well-developed urban infrastructure. There are many interesting attractions, restaurants, shops, as well as a large park and numerous options for outdoor activities. Within 1 km, you can find the stunning expanses of a picturesque lake.
€6.2 million
Overview

Method of Earning: Sale and rental of completed real estate properties.

Stage: The land plot is owned by the company. The 4th stage of design is complete, specifically the project for obtaining a construction permit from government authorities.

Construction Start: Q4 2024

Construction Completion:
Q4 2026

Plot Area: 3,360 sq.m

Residential Area: 2,176 sq.m

Number of Apartments: 24

Number of Floors: Basement + 3 floors

Parking: Available

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Location:
Germany, Salzgitter (60 km from Hanover), Lebenstedt district
Property Type:
Residential complex
Investment Amount:
€6.2 million
Investment Term:
3 years
Expected Return:
23% over the project period
Risk Level:
Low
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