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Roimmo

68 Apartments to develop in Berlin, Germany

Berlin, Germany

Property ID: 161
Viewed 3103 times

Details

Price
32 000 000 EUR / or EUR 7.8M initial for 8.5%
Yield
5.0%
Type of investment
Project developments
Location
City
Living Area
7192 m2
Plot Size
3460 m2
Year Built
2016

Description

The Project

  • Residential property project covering approx. 7,192 sqm total floor space with 3,460 sqm total plot area
  • Project located in Treptow-Köpenick, with permission granted by government for new build already
  • Plan for 68 apartments with 22 indoor carpark lots

The Location

  • Situated in Berlin, the top investment location in Germany currently for property, with experts suggesting it to be the new London soon
  • Köpenick is one of the most hip neighbourhoods within Berlin, with extremely high demand for apartments and rising rent
  • Location enjoys close proximity to major employers (including Mercedes Benz, Deutsche Bahn, Siemens, Deutsche Post, Deutsche Telekom and Deutsche Bank)
  • Project location is right on the famous Spree River flowing through Saxony, Brandenburg and Berlin
  • Close to several renowned universities, international research centers, institutes of higher learning and cultural institutions

Yield

Property value CAGR (2010-2015) in Berlin: 2.6%
Average rental yield at project location: 5.0%

Investment Opportunities

  1. Partial or complete stake in initial financing of EUR 7.8 million
    - maturity period of 24 months
    - 8.5% interest payable
    - minimum tranche of EUR 1.0 million.
  2. Complete acquisition of the developed project at EUR 32 million.

Procedure

After a NDA we have more information available and we can arrange a meeting with the project developer.

ADDITIONAL INFORMATION

  • CONDITION
  • Under construction
  • Building permits available

Map

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Roimmo Germany
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