Description
Germany. Düsseldorf. Plot of land with building permit.
Plot of land (with building permit) 40229 Düsseldorf, 1772 m2
Object code: 17961
Online viewing Remote purchase
4,000,000 €
Floor 1-2-3-4
Total plot area 1772 m2 (possible to build 2211.9 m2) m2
Object status available
Number of rooms 95 apartments
Annual income (actual) on request €
Annual income (possible) on request €
Düsseldorf Eller (student apartments)
Project for the construction of 95 apartments on a plot of land in Düsseldorf.
The city expresses its clear support for such planning.
The basic project data are as follows:
• The purchase price of the project, including land, building permit and financing: 4,000,000 euros.
• The payment of this amount is subject to a condition precedent, which will also be notarized.
• Distribution of the purchase price:
o At the notarization, the amount of 2,800,000 euros will be declared as the purchase price of the property (to optimize the transfer tax).
o The remaining 1,200,000 euros will be reflected in a separate invoice, which includes financing from NRW Bank, building permit and other project-related services.
o The commission is paid by the Buyer in the amount of +5.95% of 4,000,000 euros after the notarization of the transaction.
o submitted for financing 12,000,000 euros to NRW Bank, 6,000,000 euros will have to be repaid on very favorable terms
Plot of land with building permit for 95 student apartments
40229 Düsseldorf – subsidized new building with financing from NRW.BANK
Location
Düsseldorf-Eller, cadastral area: Flur 16 / Flurstück 222
Central micro location with excellent transport accessibility and high demand for rent in the student segment.
Main parameters of the property
Category Details
Property type Land plot with planned development
Plot area 1,772 m²
Planned number of apartments 95 student apartments with common areas
Apartment area approx. 22.75 m² each
Total living area (incl. common areas) approx. 3,022.10 m²
Total area (living + usable) approx. 3,812 m²
Number of floors 3 full floors
Building permit issued in May 2025
NRW subsidy approx. €12 million in state funding (NRW.BANK)
Certificate of completion (Abgeschlossenheit) already available
Permitted use Use as student residence with subsidy
Sales price €4,000,000 (of which €2.8 million — land plot, 1.2 million — services/subsidies)
Transaction form Sale is possible both in the form of Asset-Deal and Share-Deal
The suspensive condition will be notarized
Buyer's commission 5.95% including VAT
Features and investment advantages
• The project is subsidized by the state program NRW.BANK
• An ideal solution for investors focused on student rentals
• High demand for housing with limited supply in this location
• A full set of design documentation has already been prepared
• Construction can begin immediately after receiving permission
Important
The actual fixed purchase price (notarized within the Asset- or Share-Deal) is the basis for calculating the commission.
Commission in the amount of +5.95% (including VAT) on the part of the buyer.
We will sell your apartment or house.
There is a choice of apartments and houses in various budgets, including commercial properties.