Yield through interest-free public funds with repayment subsidy of EUR 820,000 - High tax benefits

Repayment subsidy of up to EUR 820,000 possible. Modern apartments in a sought-after location in an apartment building with good fittings and modern technology. All apartments have attractive balconies and terraces. The building specification provides for heating with a heat pump. The property meets the KFW Efficiency House 55 standard. The planned triple glazing of the windows, electric shutters, high-quality external insulation, controlled ventilation with heat recovery and modern heating technology enable very low heating costs.
The plans envisage 3 residential units on the ground floor and 3 on the upper floor with 2 rooms, cooking, storage, bathroom, terrace or balcony with areas of approx. 62 and approx. 64 m² respectively.
On the top floor, 2 apartments with 4 rooms, kitchen, bathroom and balcony with approx. 90 m² are planned. The living space amounts to 597.81 m² if half of the balconies and terraces are taken into account, or 563.09 m² if the balconies and terrace are taken into account at 0.25 % in accordance with the requirements of the public subsidy. Generous cellars and ancillary space are planned in the basement. 12 parking spaces are planned on the property.

It is possible to obtain public funding for the apartments from the ISB Rheinland-Pfalz. The amount of the subsidy depends on the location of the property (rent levels 1 - 7), the occupancy rate and the length of occupancy, the type of apartment, the property's fittings and the size of the apartments. Zerf is classified in rent level 5 (i.e. the third highest level). Here, the basic subsidy amounts to EUR 1,900 to EUR 2,800 per m² of eligible living space, depending on the tenant's occupancy rate and income level. The ISB grants a repayment subsidy of 45% or 50% on the basic subsidy and 50% on the additional loans. On the basis of the planning, loans of up to EUR 1,640,900 can be claimed on the basis of 538 m² and the KFW 55 construction method. A repayment subsidy of up to EUR 820,450 or EUR 836,450 with elevator will be granted, which will be booked immediately after completion.
The interest rate is as follows for the 30-year fixed term:
a) from year 1 to year 10 - 0%
b) from year 11 to year 15 - 0.5%
c) from year 16 to year 30 - 1 %
The rent for this subsidy is EUR 6.40/m² with an annual increase of 1.75 %. Additional rents may be charged for kitchens and parking spaces.
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