New apartment building in Dortmund, Germany

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New apartment building in Dortmund, Germany

2,500,000 €
4,393 € /m²
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  • Total area
    569 m²
  • Built in 
    2020
Details
Property parameters
  • Land area: 450 m²
  • Total apartments: 7
  • Number of parking lots: 7
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 6.0% + VAT

New apartment building near the Phoenix See lake in Dortmund.

Description

The end of construction of the turnkey project is scheduled for September, 2020.

The apartment building includes 7 flats with a total area of 569 m².

There is parking for 6 cars + 1 garage.

The building will have an installed gas heating system, a passenger elevator and underfloor heating.

Tenants

The average rental rate in this area is 10.5 €/m².

Thus, the expected income will be about 72,000 € (2.9%).

Location and nearby infrastructure

The property is located not far from Lake Phoenix See in Dortmund, in the area with well-developed infrastructure.

Dortmund is a city in the west of Germany, in the federal state of North Rhine-Westphalia with a population of about 600 thousand people.

Dortmund is one of the largest transport hubs in Westphalia. The motor transport network is well developed thanks to six autobahns and five highways passing through the city.

One of the landmarks of Dortmund is the brewing industry. Today, 6 Dortmund breweries produce more than 7 million hectoliters of beer per year.

At the same time, the city is also the center of heavy industry, in particular, the steel industry. Dortmund holds a leading position in the transport system of Germany. The local train station is in the top 4 largest in the country; annually it serves over 40 million passengers.

In river transport, thanks to the Dortmund-Ems canal, the city port connected to the Rhine and the North Sea is one of the largest river ports in Europe.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Dortmund.

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