GUARANTEED
INCOME
Student apartments near the University of Kassel

 
GERMANY / KASSEL / University of Kassel
Prices from 72 819
  • Location: Germany, Region Hesse, Kassel, University of Kassel MAP
  • Development: Student accommodation
  • Unit types: Apartments (various types), Student housing
  • Total number of units:240 
  • Units available for sale:240 PRICE LIST
  • Unit sizes: 18 sq.m 34 sq.m FLOOR PLANS
  • Unit prices: 72 819 98 630 PRICE LIST
  • Prices per sq.m.: 3 964  2 859 €/sq.m
  • Development status: Under construction
  • Planned completion: August 2017
  • Ownership: Freehold 
  • Rental return (p.a.): 4.5% guaranteed for 10 years
  • Capital appreciation (p.a.): 7% per year (estimated)
  • No commission

Complex/building features

  • Sizes of units 18 sq.m - 34 sq.m
  • Total unfolded area of the building/s 5541 sq.m
  • Total area/size of the building/complex plot 3600 sq.m
  • Total number of units 240

Distances

  • Distance to centre of the town/city 2.7 km
  • Railway station 2.40 km

Rental income features

  • Rental demand in the area High
  • Who will rent Students,Young professionals
  • Unit finishing in order to rent Fully-furnished
  • Ability to terminate rental agreement Easy
  • Rental management In-house management company
  • Annual rental income 4.5% guaranteed for 10 years

Exit strategy

  • Resale Possible after completion
  • Easy exit Moderate
  • Resale management/consultant Local estate agent , Property Developer, Stonehard
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing Excellent
  • Furnishing Furnished/unfurnished
  • Bathrooms Fully fitted bathroom
  • Windows UPVC window frames

Facilities in the complex/building

  • Communal Elevator, Lobby, Park, Internet access, Wi-Fi internet in the whole complex
  • Recreational Electric cooker

Additional purchasing costs

  • Total additional costs 6-8% (estimated)

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 7% per year (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.