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Höchst City Center Project (Part 2)

Höchst City Center Project (Part 2)
Traffic situation:
• The 11th station is at the entrance of the district, and you can reach Frankfurt Main Station in 20 minutes
• The distance to the airport is 14km, and it can be reached in more than 10 minutes by car
Estimated delivery time:
2021
project type:
Hardcover apartment, five floors above ground
Recommended room type: WE 76
• Floor: top floor in Germany, five floors in China
• Orientation: south-facing, 180-degree L-shaped balcony
• Room area: 71.68㎡, open kitchen
Purchase cost:
• Apartment selling price (including hard decoration): 508.928,00 euro
• Kitchen furniture appliances (soft decoration): 17900 euros
• Aboveground garage: EUR 20,000, underground garage: EUR 22,500
= 549328 Euro
Additional cost of house purchase:
Real estate purchase tax 6%, notarization fee and real estate registration fee 2%
= 42514.24 Euro
___________________________________________________
Total: 591842.24 Euro

Purchase fund planning: (for domestic customers who do not have a permanent residence permit in Germany)
• Down payment: 50% + 8% (additional cost of house purchase) = 343,268 euros
• Estimate: Annual loan repayment rate: 2-3%, annual principal repayment ratio: 2%, then approximately monthly repayment: 830 euros
Rental income:
• Furnished rentals, monthly rents with guaranteed minimum cold rent of 18 euros/month/square meter. According to the current (started in 2018) the company's newly leased company
Judging from the situation, the monthly rent for cold rents has exceeded 20 Euro/month/square meter.
• Based on the calculation of 20 euros/month/square meter, the rent for furnished cold rent of apartment WE 76 is about 1433.6 euros.
another:
Free basement (customers on all floors)
The top floor terrace is included in the total area of the house based on 0.5 times the area.

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