Holsteiner Chaussee 311 in Hamburg

Name: Sales in Holsteiner Chaussee 311 started!
Start: 2021-07-23T14:15:09.441973+00:00
End: 2023-12-31T23:59:59+0000
Location: Holsteiner Chaussee 311

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Project info

Object ID: 13106

Finished at	December 2022
Price, m²	From 9535$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 28.00 m²
Floors	3
Apartments	28
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

266,980$

Net profit

5,906$

Payback period

32.9 years

Avg property value increase per year

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About the project

This residential ensemble in Hamburg - Schnelsen offers all the advantages of a new building with 28 modern condominiums. The timeless architecture impresses with its clear lines and selected, subtle colors.

Generous balconies or (roof) terraces with generous special usage rights round off every apartment. All apartments have triple-glazed plastic windows with lockable window handles on the ground floor. The elevators lead you from the basement directly to your apartment level. The roof terraces on the penthouse floor will be covered with WPC.

This new building will be built according to the KfW-55 standard, so that you can benefit from favorable funding conditions when financing.