Multifunctional сenter, Rhineland-Palatinatee, Germany

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Multifunctional сenter, Rhineland-Palatinatee, Germany

11,650,000 €
2,397 € /m²
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  • Total area
    4,860 m²
  • Yield
    5.8 %
  • Rental rate (m²/month)
    11 €
  • Built in 
Property parameters
  • Land area: 1,927 m²
  • Number of parking lots: 15
  • 5-floor building
Financial performance
  • Annual income: 674,091 €
  • Fully let
Property status
  • Most recent total renovation: 2005
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 5.0 %
  • Broker: 3.0 %

A multifunctional center with underground parking.


The property includes retail, office, living quarters, as well as a medical center.

The retail area is 3,766 m².

The area of offices is 860 m².

The area of the underground garage is 209 m².

The energy consumption: 50 kWh/ m².


  • elevators
  • stairs
  • two escalators
  • ventilation
  • air conditioning system

Financial performance

The absolute annual income is 674,091 €.

The current yield of 5,8%.


The object is leased by several companies.

The anchor tenants are: a large European retail chain of bookstores (more than 200 shops in Germany) and an international pharmacy retail chain (more than 1600 pharmacies in the world).

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 5,0%.

Brokerage fee is 3% + VAT 19% (total 3,57%).


The property is located in the center of the pedestrian zone of the town with the population of about 100,000 people in the southwest of the Rhineland-Palatinate land.

The city is a modern center of information and communication technologies. There is a well-known university, as well as a technical college and many research institutes here.

The list of interesting places and attractions of the city includes several shopping areas that are open only for pedestrians, with a wide variety of restaurants and bars, botanical gardens, a theater, museums, a large swimming pool.

The property is located in the area of the city with developed infrastructure. The are shops, restaurants, cafes, banks, cinemas, a supermarket, a bakery, a hairdresser, a pharmacy in a walking distance

The distance to the cities of Mannheim and Saarbruecken is about 70 km, to Frankfurt — about 120 km.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in Germany.

You can see more mixed-use buildings for sale in Rhineland-Palatinate elsewhere on our website.

Statistics in Germany

Price per m², €
Healthcare efficiency level
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
Index 65 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 4,962.39
Apartment in a bedroom community, m² 3,420.66
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.41
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.71
White bread, 500 g 1.29
Eggs, a dozen 1.84
Chicken fillet, 1 kg 7.35
Education Price, €
Kindergarten, per month 309.39
International school, per year 14,421.73
Health care index
Staff competence 76.94
Medical equipment 89.26
Research accuracy and completeness 75.75
Attitude towards patients 68.17
Security index
Crime rate 34.26
The risk of being robbed 32.33
The risk of car theft 31.76
The risk of break-in and property damage 43.13

The data is provided by and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Rhineland-Palatinate
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