How to stay in the apartments in Expo Park Hannover

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Dutch Pavilion: This is how it will be to live in the apartments in Hanover’s Expo Park in the future

Hannover.Investors do not lack confidence. They promise nothing less than a “new landmark for Hanover” in their brochures. But the rebuilding of the Dutch pavilion in Expo Park is actually anything but a regular project. On the plot, 370 micro-apartments with a size of 20 to 30 square meters are to be built. The I-Live company presented a sample to interested buyers next to the pavilion over the weekend.

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The planned price per square meter for rent is steep by 21 euros. However, it also includes some extras. The complete décor is included, as well as the caretaker and the use of common areas such as a gym, a lounge, an event kitchen or a sports field. The target group is “students, but also young professionals who come to Hanover,” explains Markus Friedel, sales manager at I-Live, which has already completed 25 similar projects throughout Germany. Especially in Baden-Württemberg, where it is based in Aalen. For several years, however, the company has expanded throughout Germany.

Markus Friedel

Markus Friedel

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Completely cleaned: The Dutch pavilion on Expo Square.

Completely cleaned: The Dutch pavilion on Expo Square.

5,000 students within five minutes walk

Friedel does not believe that the high prices per square meter will deter students: “Students think in budgets. You should also see what is included in the price. Then the cold rent of 460 euros was quickly put into perspective ”. At least the potential is great. 5,000 students are enrolled in universities at Expo Plaza alone. “You can walk to the micro-apartments in five minutes,” Friedel says.

The concept is not designed for long rental periods. They are possible, but not the norm. The average rental period for I-Live is 22 months. It is not allowed to drill holes in the walls. There are some metal surfaces in the kitchen area to which personal photos and notes can be attached. If it were not for the small kitchenette with two hotplates in the entrance area, one would have the impression of being in a modern hotel room. It is not allowed to bring your own furniture. There is no TV, but there is a connection. “Many people still prefer to stream on their tablets these days,” Friedel explains.

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Small – but high quality is the motto. A hanging wicker chair is also included. The balcony is narrow, but a chair should fit, the sales manager assures. The bathroom is a single wet room and is finished before installation. This should save time during construction.

Apartments cost up to 230,000 euros

I-Live invited over the weekend to make the purchase of apartments tasty for potential buyers. This is primarily intended as an investment. “Only five percent of our customers use the apartments themselves,” says Friedel. These are sold for 170,000 to 230,000 euros including equipment. The concept also includes that I-Live takes care of the rental and maintenance of the apartments.

Will be completely rebuilt: The Dutch pavilion and the surrounding areas where offices and micro-apartments are to be built.

Will be completely rebuilt: The Dutch pavilion and the surrounding areas where offices and micro-apartments are to be built.

Offices and car parks will also be built on the pavilion site. The Hamburg company Wohnkompanie Nord takes care of that. The future use of the pavilion itself is still unclear. There are ongoing discussions with potential tenants. A large gym, an event venue or a forest kindergarten could be created. A building permit has already been granted by the municipality. If all goes well, work can begin in the fall. The first tenants are scheduled to move into January 2025.

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By ChristianBoenkamp

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