FRANK in der HafenCity in Hamburg

Name: Sales in FRANK in der HafenCity started!
Start: 2021-07-23T14:22:35.707334+00:00
End: 2023-12-31T23:59:59+0000
Location: FRANK in der HafenCity

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Construction

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Project info

Object ID: 13107

Finished at	July 2021
Price, m²	From 13690$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 103.00 m²
Floors	6
Apartments	29
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,410,070$

Net profit

9,376$

Payback period

120.0 years

Avg property value increase per year

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About the project

In the middle of Hamburg, between Oberhafen and Norderelbe, an interesting new building project is being built with 29 functional apartments and a wonderfully wide view of glittering water, old barges, large pots and small boats.

Foresight also shows the client's commitment to the sustainable use of energy, public goods and health. Here efficiency and practicality go hand in hand. For this outstanding ecological quality, the residential complex in Hamburg's youngest district is certified with the HafenCity Gold Standard. Location close to the city, high standards and a growing infrastructure set the course and offer quality of life that inspires singles, couples, families and investors alike.