Building plot with building permit for 8 residential units in Taben-Rodt near Saarburg, ideal for ISB funding

Information

Selling Price & Extra Costs

About this dream trade site

Property Description

Flat building plot with building permit for 8 apartments without a basement in Taben-Rodt near Saarburg, ideal for development with ISB funding. The building plot is located within a legally valid development plan. The property is nicely situated in a good residential environment. The approved plan предусматриes development of 2 storeys with an extended attic without a basement with 8 apartments with a total living area of approx. 600 m² as well as the required parking spaces as outdoor parking spaces.

Possible ISB funding : In the case of development with an apartment building, there is the possibility of publicly subsidizing the newly created apartments through funds from Investitions- und Strukturbank Rheinland-Pfalz (ISB Rheinland-Pfalz). The details are regulated in program 551
detailed. The amount of funding depends on the location of the property (rent level 1–7), the occupancy binding as well as the duration of the occupancy binding, the type of apartment, the property features and the apartment sizes. Taben-Rodt is classified in rent level 5 (i.e. the third-highest level). Here, depending on the occupancy binding and the tenant's income level, the amount is EUR 1,900 to EUR 2,800 per m² of subsidized living space. Likewise, substantial additional loans may be granted due to location-related extra costs, corresponding to the energy class or when an elevator is installed. The ISB grants a repayment subsidy on the base funding of 40 or 45% as well as on the additional loans of 50%. Please seek advice!
Note on rental: The newly created apartments can, when rented out, in accordance with the changes to declining-balance depreciation decided in the Growth Opportunities Act, now be depreciated at 5% per year - based on the respective book value/residual value. This can result in significant tax advantages. We do not provide tax advice and accept no liability for tax objectives. Your tax advisor will provide you with comprehensive information on this.

Location