Climate-friendly new building project with 100 % KfW-Financing + degressive AfA

The new-building project is located in Ilmenau near the “TOP UNIVERSITY OF 2020” awarded in 2020 – the Technical University of Ilmenau. On the 1.077 m² property, 29 apartments with 9 car parking spaces with a living space of 854 m² will be built, which are perfect for student housing as well as for doctoral students and technical employees. The new-building project “Campus Apartments Ilmenau” will be built in hybrid construction and wooden frames with concrete ceilings. In addition, it contains a smoked wood façade, photovoltaic roof, wood-aluminum windows and ceiling heating. The apartments are also equipped with high-quality micro-kitchens and have parquet flooring in industrial standards. The large terraces, balconies and roof terrace are also great places to get to know each other better and to exchange ideas. In addition, the newly approved degressive AfA (depreciation) can take effect here. This means that 5 % of the investment costs can be claimed for tax purposes in the first year. In each of the following 5 years, 5 % of the residual value can be written off for tax purposes!* *Subject to the Federal Council’s approval of the Growth Opportunities Act Key data: ■ 29 apartments at the campus of Ilmenau ■ Living space: 854 m² ■ 9 car parking spaces on the property ■ Timer frame construction with concrete ceilings ■ Photovoltaic roof ■ Smoked wood facade ■ District heating ■ KfW-40 Plus ■ 100 % KfW-Financing at 1.15 % ■ degressive AfA (depreciation) 5% for 6 years ■ Wood-aluminum windows (triple glazing) ■ Charging station for cars and e-bikes ■ Including micro kitchens ■ Industrial standard parquet ■ All-in-one call system ■ Ceiling heating ■ Bike and washroom ■ Building permit & approval planning available ■ Turnkey new build project ■ Purchase price: 3,850,000,- €