Investment project in Dusseldorf
Key features
Details
Property description
The project involves the construction of a residential complex with a restaurant and underground parking in the city of Düsseldorf
Plot area 1635 sq. m.
The total area of apartments and townhouses is 1610 sq. m. m.
Restaurant area 200 sq.m.
Townhouses 4 units
Apartments 20 units
Parking spaces 18 units
Parking spaces (underground parking) 20 units
Cost of land with registration: 3,328,000 euros
Preliminary construction cost: 6,533,159 euros
Co-founded with an investor, the turnkey project is led by DEM GROUP GmbH. Profit from the project is distributed in accordance with the established shares.
The required amount of own investment is 332,800 euros. Financing of construction by a German bank for the entire remaining amount is provided under guarantees from DEM GROUP GmbH.
The investor's income is 111.237 euros, which is 33.42% of the invested amount.
Planned project implementation period: 18 months from the date of receipt of the construction permit.
Commission for the investor + 3.57% of the investment amount
Additional information can be provided upon request.