Ponimmobilien GmbH - Apartment building with approved construction project for 16 apartment

The approved construction project in Grenzach-Wyhlen includes a total of 16 modern apartments in an attractive location. The apartments are distributed over three floors plus an attic apartment and offer a spacious and functional floor plan. The 2 to 4 room apartments have a living space of about 52 to 120 square meters and are equipped with high-quality materials and modern technologies. The apartments are designed in such a way that they allow optimal use of daylight and create a pleasant living atmosphere. Most apartments also have a loggia and/or terrace that invite you to relax and enjoy. The facility has sufficient parking spaces and storage space as well as a bicycle room and playground. The location of the new building project is ideal for families, couples and singles who prefer a quiet yet central residential area. Shops for daily needs, restaurants and schools are in the immediate vicinity. Public transport is also easily accessible, so that a fast connection to the nearby cities of Basel and Rheinfelden is guaranteed. Overall, the new building project in Grenzach-Wyhlen offers an attractive opportunity to live in a modern and comfortable environment. The probable construction costs amount to approx. EUR 2,410,000, which leads to a total investment cost of approx. EUR 4,410,000. Of this, EUR 282,000 can be deducted as a subsidy, resulting in only EUR 4,128,000 in total investment costs. In relation to the calculated annual rental income (basic) of EUR 250,440, this results in an attractive return of 6.07%. There is also the option as a buyer to take over the existing rental contract for the two restaurants at a rent of EUR 2,500 per month until construction begins, in order to avoid a vacancy.