The project of construction of flats for the elderly in the suburb of Karlsruhe.
The project includes the construction of a nursing home to 84 rooms, 11 two-apartment houses for the elderly, several apartment buildings and townhouses. All objects will be built according to the latest energy-saving up-to-date technologies. The nursing home and the apartments for seniors will be built taking into account the age characteristics of residents.
Despite the fact that the construction of the facility has not yet begun, a long term lease (20 years + two options to renew for 5 years) is signed.
Number of apartments: 11; land Area: about 450 sq. m; Area of apartments: 698 sqm; rent per year: € 90 348.