Apartment building, Mainz, Germany

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Apartment building, Mainz, Germany

3,500,000 €
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Total area: 833 m² Yield: 5.0% Built in 1962
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  • Operating Incomе: 175,000 €
  • Most recent total renovation: 2016
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%

Residential house with commercial premises.


The area of the house is 833 m²

The building consists of 14 apartments, a cafe and an office unit.

The property was built in 1962. In 2016, the building was renovated.

Financial performance

Absolute annual income is 175,000 €.

The current yield of 5%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

The brokerage fee is 5.95%.

Location and nearby objects

The apartment building is located in the city of Mainz, in the state of Rheinland-Palatinate. There is a promenade situated in proximity from the property. The population of the city is about 200 thousand people.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services