Multi-family home near Dresden – 3 large units with 3 bedrooms and 2 balconies each
Cost of purchase Purchase price: EUR 235.000,00
Transaction costs: + EUR 35.000,00 Total : = EUR 270.000.00 (EUR 750/sqm)
Restoration incl. facade, comprehensive clear out, renovation of apartments EUR 50.000 » Total cost of purchase and refurbishing EUR 320.000
Appraisal after completion:
Estimated value after completion: EUR 385.000 Profit (if sold):
~ 20% Annual return over total cost (if held in portfolio):
~ 8%
Wohnen Südost GmbH / Wohnen Nordost GmbH / Wohnen Nordwest GmbH · Immermannstr. 15 · 40210 Düsseldorf