Land in city Cologne
5119.00 sq.m.

€ 1 821 380

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Germany. Plot.Investment project in Cologne.
New construction residential house of 1500 m2 in a plot of 5119 m2.
The type of the object Land
Object code id15429
The price of object 1 821 380 €
The price per m2 of land 355,8 €
Year of construction 2019
Floor on request
Total area 1,500 m2 plot of land 5119 m2
Status: free
Annual return on request €
It is proposed plot of land 5119 m2 in Cologne
for the construction of a new residential building.
Possible construction area of about 1500 m2,
the exact area of construction is determined by the investor and the architect
On the plot there are currently 2 buildings - one for demolition,
and the other modern. a well-maintained apartment building of about 520m2, which is fully leased.
His actual annual income is 50 to 460 euros.
The construction of the new building and the demolition of the old building - will be charged separately and in stages,
therefore, all of the money for construction is not required.
The construction cost of 1m2 would cost ~ € 1760 with the work of the architect.
Sale price of 1m2 is planned for ~ 3300 Euro
Depending on the number of constructed square object, we orientirueshsya profit from the project
based 3300-1760=1540 Euro 1m2
1500 m2 x 1540 Euro = Euro 2.310.000
Details on request.
There is a choice of apartments and houses in various budget, including commercial facilities

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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