Office building, Frankfurt, Germany

Additional information is provided after the signing of an NDA

Office building, Frankfurt, Germany

14,000,000 €
2,702 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    5,180 m²
  • Yield
    5.0 %
  • Built in 
    2017
Details
Property parameters
  • Land area: 4,200 m²
Financial performance
  • Annual income: 696,960 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 6.0 %
  • Broker: 6.0 %

An office building in Frankfurt.

Description

A modern office building.

Financial performance

The absolute annual income is 696,960 €.

The current yield is 5,0%.

Transaction costs

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

Acquisition tax is 6,0%.

Brokerage fee is 6% + VAT 19% (total 7,14%).

Location

The office building is within a walking distance of Frankfurt International Airport and main highways.

There are well-known logistics companies in the immediate vicinity of the office building.

Frankfurt am Main is the largest city in the land of Hessen and the 5th largest city in Germany (the population is more than 730,000 people).

Frankfurt is the center of commerce, culture, education and a transport hub. This is the only city in Germany that entered the list of 20 world “alpha cities“. Frankfurt is the 2nd city in Germany and the 48th in the world in terms of the cost of living (Mercer Human Resource Consulting). The economy of Frankfurt is based on ”three pillars“: finance, transport and fair activities. There are about 300 national and foreign banks in Frankfurt, including the European Central Bank, German Federal Bank and Frankfurt Stock Exchange, which defines the monetary policy of the eurozone countries.

The international airport, located 12 km away from the center of the metropolis, is among 10 largest in the world.

The city is the largest labor market in Germany, there are 922 jobs per 1000 inhabitants here.

There are the world's largest educational institutions in Frankfurt, including the world-famous Goethe University with more than 44,000 students (2018).

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a office building purchase with a construction loan

Investment vehicle
Office building
Construction loan
Yield per annum
5.0%
8—10%
Investment budget
14,000,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
Request the relevant projects
Location choice
  • more ...
  • City, Region, Country
Loading...
  • Nothing found
  • Nothing found