1 ROOM
TERRASSE . GROUND FLOOR . 21.76m² |
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SALES PRICE | €127,500.00 | ||
ACHIEVABLE RENT/m²: | €20.00 | ||
Achievable rent |
Monthly Rate *** |
Rental- surplus |
|
€435 | €415 | €20 | |
UP TO APPROX 4.1% POSSIBLE RETURN ** |
Example calculation with 90% debt capital and 10% equity. 2% interest + incipiently 2% redemption p.a.; the specified interest conditions are subject to change without notice.
The state capital of Brandenburg is enjoying extremely positive population growth. In just the last five years, Potsdam recorded population growth of around 10.5 per cent. According to current forecasts, the 200,000 inhabitant mark will be surpassed before 2030. By 2035, the former royal residence should be home to a population of over 220,000.
The consequences of this rapid growth are obvious: the demand for living space is increasing, offers are getting scarcer, rents are going up – by around 2.3 per cent for new properties in the last year. Due to the increasing number of students at the five universities in Potsdam, compact living space is very much in demand. Good prospects for letting!
Sources: Potsdam, the state capital of Brandenburg – statistical information service 2/2018, department of statistics and elections; PROJECT research (based upon ImmobilienScout24 offers)
* Gross rental return: ratio of the net basic rent to the purchase price, excluding ancillary, administrative and maintenance costs. The return forecast is based upon the current, regional average rents being asked for new buildings (property portal values). A reliable forecast of achievable rents cannot be made.
Achievable rents and the rental market could possibly be subject to adverse development. For example, the loss of local public transport or other facilities can reduce the attractiveness of properties. In addition, an increase in competitors or changes to social structures can also lead to the downgrading of a location. Your financing conditions and general market risks can influence the return forecast due to economic fluctuations. This can then have an adverse affect upon rental demand and rent levels: this can result in the letting being delayed and/or a reduction or even total loss of expected rental returns. The example forecast can change or even fail completely if one of the aforementioned risks comes into being.
PROJECT Immobilien Wohnen und Gewerbe GmbH aims to give the most complete and most realistic information possible. Despite increased diligence, the aforementioned impacts cannot be ruled out.