Land in city Krefeld
1278.00 sq.m.

€ 800 000

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Germany. Krefeld. Investment income the 33% of the land with the construction of a house.
Invest project a plot of land in Germany, in 47802 Krefeld, Area 1278 m2
Object type Investment projects
Object code id16145
Price 800 000 €
Krefeld
Year built 2021
The total area of 1278 m2
Status: free
Annual return
The income of the investor 267000 (33%) €
The project involves the construction of residential houses in the district Traar, Krefeld.
Traar is a fairly prosperous district where there are mostly wealthy Germans.
Nearby Golf courses Golf & Country Club An der Elfrather Mühle e.V. Kindergarten Katholischer Kindergarten St. Josef is within walking distance.
Key features of the project
Address: Moerser Landstraße 452, Krefeld
The area of 1278 sq. m.
The project envisages the construction of a building (apartment building) with a total living area of apartments of 840 sq. m.
Architectural planning solution are in the process of development, the plot is in the process of registration.
The average price in this area is = 3 021 Euro per sq. m., and on the street the construction of new house = 3 915 euros per sq. m.
To date, the calculations for sale are 3 750 Euro per sq. m.
Key financial characteristics of the project
The investor is offered a part in the project is based on making their own funds 800.000 euros.
The principal amount invested by the investor into a new company-Builder as a loan, the investor becomes a co-founder of the new legal entity that notarial registration in his name shares in the company.
The land is paid to the balance of the newly organized of the developer in co-founding with a German company.
Funding for the construction of a German Bank for the rest of the amount provided under guarantee of the German company.
Total project costs will be 2.728.000 euros.
The cost of realization of apartments will be 3.150.000 euros and garages additionally 112.000 Euro.
The estimated profit on the project will be 534.021 Euro
The income of the investor 267.000 euros.
The yield on the invested funds of the investor – 33%
The estimated project implementation period is 2 years.
Additional information can be provided 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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