HAMBURG

NORDLICHT NORDERSTEDT

Eight apartment buildings
in Norderstedt —
20 km from
Hamburg city centre
111 apartments
from approx. 41.90 m²
to approx. 130.40 m²,
purchase prices from €330,000
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Norderstedt is the fourth-largest city in Schleswig-Holstein
Multi-generational living for families, couples, singles and senior citizens
Low-traffic neighbourhood with green outdoor areas and a courtyard
Building permit dated 29.04.2025, with amendments dated 29.08.2025 and 06.10.2025
KfW Efficiency House 40 with QNG-Plus*

FROM €330,000

Purchase price

111

New-build apartments in eight apartment buildings

41.90 – 130.40 m²

Living space — apartment types with 2 to 5 rooms (incl. living room)
EXPECTED RENT

€15.90 – €21.60/m²

of living space, depending on the apartment — an expectation stated in the prospectus, not a promise
ADDITIONAL PURCHASE COSTS

APPROX. 8.50%

of which 6.50% real estate transfer tax (Grunderwerbsteuer) and approx. 2.00% notary and land registry fees

The project facts

All apartments are designed to suit older residents, approx. 60 of them barrier-free
Age-friendly, approx. 60 barrier-free
Every apartment has private outdoor space: a terrace, roof terrace, balcony or garden
Private outdoor space for every apartment
Ready for occupancy planned by April 2029; the seller is committed to full completion by 31.07.2029
Seller committed to completion by 31.07.2029
A lift in every stairwell and a private cellar room for each apartment
Lift in every stairwell · cellar for each apartment
The seller and prospectus issuer is Instone Real Estate Development GmbH
Seller: Instone Real Estate Development
Visualisation of a living room with open-plan kitchen and balcony access
Visualisation of a roof terrace with lounge furniture and fairy lights
Visualisation of the buildings with brick façade and planted courtyard

WHY NORDERSTEDT?

A theatre, city park, leisure pool and lido, a shopping centre and a medical centre are right on your doorstep.
A theatre, city park, leisure pool and lido, a shopping centre and a medical centre are right on your doorstep.
The underground station is 650 metres away, with trains to Hamburg every five to ten minutes. Hamburg Airport is 8 km away.
The underground station is 650 metres away, with trains to Hamburg every five to ten minutes. Hamburg Airport is 8 km away.
The Holmmoor nature recreation area is 5 km away; the North Sea and the Baltic can be reached by car in just over an hour.
The Holmmoor nature recreation area is 5 km away; the North Sea and the Baltic can be reached by car in just over an hour.
Visualisation of the Nordlicht residential buildings with the neighbourhood street

NORTHERN LIGHTS, LIGHTER LIVING.

A wide range of apartment types with 2 to 5 rooms (incl. living room)
Parquet flooring in all living areas and floor-to-ceiling windows
Clear ceiling heights of up to 2.80 m
Underfloor heating supplied with district heating from Stadtwerke Norderstedt
Solar panels and green roofs
69 parking spaces in the underground car park — pre-wired for e-mobility
Visualisation of a living room with sofa, armchair and green wall
Visualisation of kitchen and dining area with a wall of windows

THE NUMBERS BEHIND THE INVESTMENT

The special depreciation (Sec. 7b German Income Tax Act) is based on the KfW EH40 QNG Plus standard*.
Rental income from long-term letting
Mortgage financing with subsidised KfW loans from programmes 297 and 298
Straight-line depreciation (AfA) of 3.0% over 33 years or, alternatively, declining-balance depreciation of 5.0%
Reimbursement of the letting fee up to a maximum of 1.5 months’ net target rent on presentation of an invoice
Property management (for the owners’ association) €32.73 per month per apartment
Maintenance reserve (sinking fund) planned at €0.25/m² per month
COMPLEX
Eight apartment buildings (buildings A to H)
Underground car park with 69 spaces
Total living space approx. 8,901 m²
Eight apartment buildings (buildings A to H)
Underground car park with 69 spaces
Total living space approx. 8,901 m²
ENERGY
KfW Efficiency House 40 to QNG-Plus standard
Solar panels on the roofs
KfW Efficiency House 40 to QNG-Plus standard
Solar panels on the roofs
PLANNING STATUS
Building permit granted
on 29.04.2025
Building permit granted
on 29.04.2025
YEAR OF CONSTRUCTION
2026 – 2029
2026 – 2029
COMPLETION
ready for occupancy planned by April 2029
fully completed by 31.07.2029
ready for occupancy planned by April 2029
fully completed by 31.07.2029
PURCHASE PRICES
Apartment: from €330,000
Parking space: €30,000.00
Apartment: from €330,000
Parking space: €30,000.00

CITY, COUNTRY, SEA – AND SO MUCH MORE.

Local shops, discount supermarkets and the Herold-Center are within walking distance.
Nurseries, a primary school, a comprehensive school and a grammar school are a short distance away.
The neighbourhood has bike storage rooms, a parcel locker and bike sharing.

198 APARTMENTS IN THE NEIGHBOURHOOD — 111 ARE PART OF THIS OFFER.

The prospectus covers the sale of the northern building plot. The other apartments in the neighbourhood are not part of this offer.
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