Semiconductor Investment – 24 units at an absolute introductory price.

Exposé: Semiconductor Investment – 24 Units at an Unbeatable Introductory Price
Kalkreuth (Dresden outskirts) | 1,365 m² living space | 4,000 m² land | 24 garages
INVESTOR HIGHLIGHT: We are offering a substantial property complex here at a purchase price that, given its location and size, represents a genuine bargain. For just €480,000, you can acquire 24 residential units in close proximity to the European chip center (TSMC/Infineon). The Facts – Calculations for Investors:
• Purchase price: €480,000
• Price per m²: approximately €351 (A fraction of the usual renovation costs!)
• Units: 3 houses, 24 apartments, all with balconies
• Land: 4,000 m²
• Parking: 24 solid garages included.
Substance & Renovation Potential: A Rough Diamond from the 1980s
The building was constructed around 1980 and offers an excellent, solid construction without the typical risks associated with older buildings.
• Efficient layouts: Bright rooms, functional designs, and existing balconies for each unit.
• Heating system: Currently, the heating is provided by individual coal-fired stoves. This represents your opportunity for renovation or even a complete renovation to create a "green building" with attractive KfW funding options. • The Garages: The 24 solid garages, like the entire property, are showing their age and require both cosmetic and technical improvements (doors/roofs). However, this is where the value lies: after renovation, they represent a highly profitable asset in this commuter region.
Location Advantage: 15 minutes to "Silicon Saxony."
Kalkreuth is the strategic residential reserve for the north of Dresden:
1. Job Hub: Tenants can reach the high-tech facilities of TSMC (ESMC), Infineon, Bosch, and GlobalFoundries in approximately 15-20 minutes.
2. High Demand: Due to the scarcity of affordable housing in northern Dresden, Kalkreuth is the ideal alternative for skilled workers.
3. Rental Potential: A renovated portfolio with balconies and private garages is a guarantee of full occupancy and first-class returns in this location.
Financial Assessment (Projected Figures)
Based on a conservative rental estimate after renovation:
• Residential Rent (average €8.50/m²): approximately €11,600 per month
• Garage Rent (24 x €60): approximately €1,440 per month
• Projected Annual Rental Income: approximately €156,480
• Return on Investment: 3.06 (The extremely low purchase price allows for significant investment in heating, windows, and garages.)
Conclusion: This project is a developer's dream. The "mini" purchase price enables a comprehensive renovation while simultaneously securing top-tier returns in the catchment area of the most important economic hub in eastern Germany.