94086 Bad Griesbach i. Rottal: Start of bricklaying work on construction phase 2

In the last few weeks, we have successfully continued with the interior work on the first construction phase (house 3 & house 4). House 4 will be completely finished by mid-April (painting, flooring and final installation of plumbing and electrics) - the fitted kitchens are currently being installed and the elevator will follow.

At the same time, the floor slab, underground garage and basement of the second construction phase (House 1 & House 2) have already been completed, as has the brickwork on the first floor including partition walls (House 1). We have also been able to start work on the entire outdoor area.

We attach great importance to energy efficiency and sustainability in order to ensure an environmentally friendly construction method. For this reason, the entire construction project is being carried out to the KfW QNG (Quality Seal for Sustainable Buildings) standard.

1️⃣ Tax savings with declining balance depreciation (over 51% of the total investment amount in 10 years): With declining balance depreciation, you can benefit from tax advantages and massively reduce your tax burden.

2️⃣ Very good rental price development: Bad Griesbach im Rottal is a popular town with a strong demand for living space. Rental prices are developing very positively here, allowing you to achieve a solid return on your investment.

3️⃣ Proximity to the A94 highway extension: The location of the apartment block near the A94 highway extension offers excellent access to the transportation network. This makes the property attractive for tenants and increases its long-term value appreciation.

Project highlights:

- 125,000.00 euros KfW development loan with an interest rate of 1.75%

- Repayment grant of 6,000.00 euros per residential unit

- Special depreciation allowance of 5%

- Degressive annual depreciation of 5% on full investment costs

- High rental price expectation

- Between Q2 2020 and Q1 2023, there was an average rent increase of 44% in Bad Griesbach i. Rottal

- Zugspitze, Watzmann & Großglockner in sight

- Fiber optics

Our aim is to create a home that meets your needs and wishes. Each unit will be designed with great attention to detail and equipped to a high standard.

We can't wait to give you more updates and insights into the construction progress soon. Stay tuned and don't miss any news about this exciting project!