Magdeburg - Grusonstraße

Apartment building with attractive interest rate

Project image
6,0 % Interest p.a.
24 Months ca. Term
A Note on the risk Risk
Investment type
Loan
Interest payments
At maturity
Funding threshold
€ 350,000
Funding target
€ 500,000
Minimum investment
€ 10,000
Funding limit
€ 500,000

Investment Overview

  • 6 % interest p.a.
  • Experienced issuer 
  • Term of 24 months
  • Interest payment at the end of the term
  • No fees for investors

Reasons why you should invest

Attractive interest rate

For residential real estate, 6.0% interest p.a. represents a very good return. An ideal investment for investors who only want to tie up their capital for a manageable time horizon.

Experienced issuer

AS Projektentwicklungsgesellschaft mbH is part of the AS Group, a leading real estate investor and developer with headquarters in Berlin and German subsidiaries in Leipzig and Magdeburg. The company's core markets are exclusively German, prospering metropolitan regions. The company's activities cover the entire value chain from site evaluation and project planning to the realization and marketing of real estate projects. The company looks back on 17 years of experience and has a track record of more than 300 million euros.

Renovation and individual sale of an existing property

The renovation of this property brings with it the advantage of a charming building rich in history. In addition to its preferred location, the property is established in the immediate area and has a high ideal value. The refurbishment of this listed building will save resources and restore an almost original external appearance. As a result, a long-term increase in the value of the property as well as the surrounding area can be assumed, which may lead to increased interest on the part of potential buyers. In addition, the simultaneous renovation of all residential units can reduce costs that would be higher if individual apartments were renovated at different times due to the additional effort involved. Finally, the micro-location convinces with a family-friendly character, good accessibility, as well as a high diversity of recreational opportunities.

Location with potential

In addition to its important function as the capital of the federal state of Saxony-Anhalt, the city of Magdeburg can clearly distinguish itself from other medium-sized cities in the surrounding area, particularly with regard to its role as an up-and-coming business location. Magdeburg stands out from other medium-sized cities in the surrounding area and acts as a central link between the major cities of Berlin, Hanover and Leipzig. Since the reunification of Germany, the city has developed into an important centre for trade and industry. It also has a very good infrastructure in the form of motorways 2 and 14, the international inland port and the commercial airport Magdeburg-City, which leads to a promoted attractiveness for business and science.

Developer

AS Projektentwicklungsgesellschaft mbH is part of the AS Group, a leading real estate investor and developer with headquarters in Berlin and German subsidiaries in Leipzig, Magdeburg, Cologne and Frankfurt am Main. The company's core markets are exclusively German, prospering metropolitan regions.

The company's activities cover the entire value chain, from site evaluation and project planning to the realization and marketing of real estate projects. The company looks back on 17 years of experience and can boast a track record of more than 300 million Euro.

Property

Project image
Project Apartment building
Usage Residential
Living space 1.313 m²
Occupancy status Vacant
Location Grusonstraße 7a, 39112 Magdeburg
Funding-Goal 500,000 €
Minimum duration 18 months
Repayment At the end of the term
Interest rate payments At the end of the term

Magdeburg - Leipziger Strasse

The property is located at Grusonstraße 7a in the Leipziger Strasse district near the old town. Close to the South Cemetery, the Elbe River and the Museum of Technology, the property is quietly situated in a good and central location. The university campus is located in the adjacent Reform district, which is particularly popular with students.

In the immediate vicinity of the property are numerous shopping facilities such as pharmacies, bakeries, grocery and clothing shops. In addition, the area offers sufficient health care in the form of various medical practices and the university hospital. Furthermore, the location is particularly interesting for families due to a high density of daycare centres as well as primary and secondary schools and other social facilities. Various restaurants, cafés and snack bars offer a wide range of culinary delights, while various playgrounds invite you to relax.

Overall, the neighbourhood in which the property is located is well connected to public transport. In the direct neighborhood of the property and thus within walking distance is the S-Bahn station Magdeburg-Buckau as well as stops of the tram lines 5 and 13. In addition, the Bundesstraße 71 and the Autobahn14 can be reached quickly by car.

map

Micro location Leipziger Strasse

The property is located at Grusonstraße 7a in the Leipziger Strasse district near the old town. Close to the South Cemetery, the Elbe River and the Museum of Technology, the property is quietly situated in a good and central location. The university campus is located in the adjacent Reform district, which is particularly popular with students.

In the immediate vicinity of the property are numerous shopping facilities such as pharmacies, bakeries, grocery and clothing shops. In addition, the area offers sufficient health care in the form of various medical practices and the university hospital. Furthermore, the location is particularly interesting for families due to a high density of daycare centres as well as primary and secondary schools and other social facilities. Various restaurants, cafés and snack bars offer a wide range of culinary delights, while various playgrounds invite you to relax.

Overall, the neighbourhood in which the property is located is well connected to public transport. In the direct neighborhood of the property and thus within walking distance is the S-Bahn station Magdeburg-Buckau as well as stops of the tram lines 5 and 13. In addition, the Bundesstraße 71 and the Autobahn14 can be reached quickly by car.

Macro location Magdeburg

Culture

Magdeburg not only impresses with its rich historical past, which was particularly shaped by the Roman-German Emperor Otto the Great. The city surprises its population and tourists alike with an extensive cultural programme that ranges from open-air concerts to theatre and cabaret performances to diverse exhibitions.

Economy & Transportation

In addition to its important role as the capital of the federal state of Saxony-Anhalt and as a science location, due among other things to Otto von Guericke University and Magdeburg-Stendal University of Applied Sciences, the city also functions as a link for the transport routes of the German economy between the major cities of Berlin, Hanover and Leipzig. In addition, Magdeburg is a popular location for numerous large companies from a wide range of sectors, making the city an essential industrial location. The largest employer in the region, with around 5,000 employees, is Deutsche Bahn AG, while the general industry focus is on logistics, services and mechanical engineering. With its location in central northern Germany, the city not only has an extensive motorway, rail and waterway network. In combination with the commercial airport Magdeburg-City on the outskirts of the city, the resulting transport infrastructure supports successful economic activity.

Urban Development

The city has already experienced a significant structural change to become an important business location. In addition, a significant increase in population has been observed over the past 20 years. With increasing support for promising industries and technologies, Magdeburg has the potential to further expand its role as a modern and economically strong city.

Documents

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