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Unique investment opportunity near the water - investor property in Ribnitz-Damgarten This investor plot in Ribnitz-Damgarten offers investors a unique opportunity to invest in an outstanding location near the water. With an area of approx. 3,190 m², the plot offers exceptional potential for high-quality residential projects. Particularly noteworthy is the planned gross floor area (GFA) of approx. 5,500 m², which creates sufficient space for the development of modern residential concepts. The proximity to the Bodden gives the site a special value, as it offers a rare combination of natural surroundings and attractive links to the city. As part of a planning competition, comprehensive designs for the construction of two architecturally sophisticated apartment buildings have already been developed in consultation with the municipality. These buildings provide for a total of 60 residential units and offer spacious, well thought-out floor plans with approx. 3,500 m² of realizable living space that meet the high demands of modern living concepts. The current purchase price, in relation to the realizable living space, results in an attractive purchase price of approx. 365 €/m², which makes the investment particularly worthwhile. With three full storeys and a staggered storey, there is the opportunity to create an attractive living environment with appealing architecture, which is of great interest for both sales and rentals. Another key feature of the project is that it was originally designed as social housing. This opens up the possibility for investors to apply for subsidies to realize the project with additional financial support. The subsidy could further increase the profitability of the investment and ensure the affordability of the housing for future residents. Of particular interest to investors is the lack of planning constraints. This offers flexibility to develop new plans and visions for the property that are optimally aligned with the current market situation. In addition, a development plan is currently being drawn up in close consultation with the municipality, which will form the basis for the future development of the property. The property on offer lies within the scope of development plan no. 98 of the town of Ribnitz-Damgarten. The development plan is currently in the draft stage. The decision to draw up the plan and the early involvement of the public and specialist authorities have already taken place. Technical issues relating to traffic routing, noise protection and wastewater disposal are currently still being examined. The studies commissioned for this purpose should be completed shortly. Next steps in the process: - Revision of the draft on the basis of the expert reports - Public display in accordance with Section 3 (2) BauGB - Decision by the city council Special note for investors: The project can also be purchased as a turnkey project on request. We would be happy to discuss the details in person - please contact us. Take advantage now of this unique opportunity to invest in a forward-looking project. Contact us for more information and to discuss your vision for this development site.