20 Homes Lokstedt in Hamburg

Name: Sales in 20 Homes Lokstedt started!
Start: 2021-07-23T14:02:08.345638+00:00
End: 2023-12-31T23:59:59+0000
Location: 20 Homes Lokstedt

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Project info

Object ID: 13104

Finished at	December 2022
Price, m²	From 13470$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 38.00 m²
Floors	3
Apartments	20
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

511,860$

Net profit

5,883$

Payback period

63.4 years

Avg property value increase per year

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About the project

The new building project at Osterfeldstrasse 45, Lokstedt, is directly adjacent to one of the most popular districts of Hamburg: Eppendorf.

The Haynspark and the Eppendorfer Mühlenteich, for example, are within walking distance and provide local recreation for young and old. For daily shopping, you will find numerous supermarkets, bakers and pharmacies in the immediate vicinity.

Culinary you can draw on the full at this location: In the not far away districts of Hoheluft, in Eppendorf and in Lokstedt itself, numerous restaurateurs are just waiting to inspire you in the future.

Enjoy the tranquility of Lokstedt and experience the hustle and bustle in Eppendorf.

Do you like to travel or do you need good connections for your job? Then the nearby motorway and the proximity to Hamburg Airport certainly speak in favor of this project.