Land in city Cologne
24000.00 sq.m.

€ 4 371 312

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Germany. Cologne. A plot of land of 24,000 sq. m. of investment project.
Investment project in Germany, in Koln,
(land 24000 m2)
Object code id15796
The price of the object 4 371 312 €
Price per m2 182,13 €
Cologne
The total area of 24000 m2
The object is free
The offer for the investor
A preliminary calculation of the acquisition of land in the city of Cologne and its development.
Preliminary study
1. Lot description
Plot of 24 000 m2 is located in the district of Lind, Cologne, home to the local population.
2. Possible options for the development of the plot*) after the acquisition:
a. Reselling it to a major developer
b. Parceling and resale parts
c. Parceling, construction and selling finished housing
d. Parceling, building and renting of ready housing
e. Combination of option 4 and option 5.
3. Basic introductory
a. The average price for 1 m2 of building land in the city of Cologne is constantly growing and today is in the area...from 600 to 1.200 €, sometimes higher.
b. Net land construction in this area is 17.000 m2.(For reference: the estimated coefficient of building ~of 0.7.)
c. To purchase it is necessary to develop the concept of area development, including implementation of the requirements of the city of Cologne, the city
obliged to sell at the market price 30% of dwellings to private buyers from its lists.
4. Estimated receipts in the sale of land, option 2.a and 2.b
see table
The period of availability of land for resale 12-18 months
Under other scenarios it is possible to attract Bank financing depending on the configuration of the transaction.
5. Risks
Given the social orientation of priorities in the domestic policy of Germany, it can be concluded that the new housing, which is located today in
the shortage will be in demand in the short and medium term.
Therefore, risk assessment of the Project is minimal.
Insights
The proposed Project is of high significance and municipality of Cologne are interested in its early execution. The probability of success is high.
Ready to answer additional questions.
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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