Saalefelden Exquisite - Estate DeVelopment

5 units Multicondominium
Residential Development | Austria

2011 - 2014 | Sold

Property: 223.93 m²(2,410.36 ft²) building acreage.
Development of 4 condominiums and 1 penthouse apartment, with a total residential acreage of 426 m² (4,585 ft²) .

2014 Coeptum Bonum GmbH completed the construction of a multi-famliy house development located in the heart of Saalfelden am Steinernen Meer. Drafted by architect Klinglmüller and built by one of Austria's leading construction company Strabag AG.

Return

• IRR: 15.68%
• COC: 18.00%
• EM: 1.54x
• Holding Period: 36 Months
• Sales Value: € 1.5M
• Construction period: 11 Months
• Construction completed 06/2014
• All Units Sold 09/2014