General information about the project (residential and commercial complex): the start of sales - December 2014, living area - 5999 square meters of commercial area - 845 sq.m. Building height - 26 meters (7 floors). Rooms: 101 Apartment, 3 commercial premises. Parking: 95 spaces in the underground garage. Completion of construction work: up to June 2017. For sale put up the entire first floor, consisting of three commercial units. Rental Guarantee - from the builder. Room 1: area - 416.16 sqm, purpose of use - kindergarten, rent for 10 years, in agreement with the city of Frankfurt am Main. Extending the agreement after 10 years is optional. Cost: 2,288,880 euros. Room 2: area - 194.70 sqm shop. Cost: 1,070,850 euros. Rooms 3: area - 234.20 sq.m., restaurant. Cost: 1,288,100 euros. Rental Guarantee: 17.85 euros per square meter, gross.The price is 5500 euros per sq.m. Gross (4621 euros - Net). Price in a similar, already-built complex, located 100 meters away, reached 10 529 euro per sq.m. Approximately 350 meters from the facility will be built first PORSCHE DESIGN TOWER in Europe, sales of which began in late 2015. It is the price of 8 000 to 10 000 euros per square meter! The complex is located in the European quarter, which is the length - 600 meters. During the quarter, the next 2-3 years will be invested about 1 billion. Euros in the development of new projects, located on the 2 and 3 lines of the quarter. All projects have been developed quarter leading architects. quarter projects have the status of Global-Player, or they were overbought other Global-Player.The complex is located two minutes walk from public transport. Travel time to the main station of the city is 7 minutes to the nearest motorway - 3 minutes to the airport of Frankfurt am Main - 13 minutes. This area is like no other in Frankfurt has a great potential to increase the cost of residential or commercial areas.The project cost - 4,647,830 euros. Brokerage commission is 5.95% of the purchase price (includes 19% VAT). Annual income from the rental: Kindergarten - 89 136 euros; Shop - 41 700 euros; Restaurant - 50 160 euros. Information about the developer: Experience: 42 year - quality and safety guarantee. The company was founded in 1973, during her work sold about 6,000 residential and commercial projects in more than 53 locations. The authorized capital of the company in 2014 is 10 million. Euro. The company specializes in real estate development in fast-growing metropolitan areas in the central and their most profitable areas. 1) Professional management of the facility by the company-builder. 2) Warranty for the rental of more than 10 years. 3) Guarantee of calculating the cost of public services, according to economic standards. 4) Full payment of the final delivery of the object. 5.) The maximum guarantee on the value of the total cost from the builder - management company (sale price + interest + funding at registration, notary and other expenses associated with the acquisition + tax on the purchase). All of these items are components of the contract of sale. The documents are ready to deal. Additional information is available upon request and upon signing NDA potential purchaser.
Asking Price $5,083,062
Sales Between $5,468,210 and $10,936,420
Profit Available On Request
Converted From EUR
Exchange Rate $1.09
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