Apartment building in the suburbs of Frankfurt, Germany

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Apartment building in the suburbs of Frankfurt, Germany

3,418,000 €
5,630 € /m²
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  • Total area
    607 m²
  • Built in 
    2019
Details
Property parameters
  • Total apartments: 4
  • Number of parking lots: 10
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.0% + VAT

New apartment building with underground parking.

Description

The property includes:

  • 4 apartments + a house for 1 family (total area 607 m²)
  • Technical rooms
  • Underground garage for 10 cars (2 car spaces for each apartment/house)

Transaction costs

Notary (state registration) — 1.5–2%

Real estate purchase tax — 6%

Broker's commission 5% + 19% VAT (total 5.95%)

Location and nearby infrastructure

The house is located in 15 km from Frankfurt city center. Frankfurt Airport is 18 km away, and Wisbaden is 35 km away.

Frankfurt is Germany’s fifth largest city. It is the main center of commerce, culture, education, tourism, and transportation hub. Frankfurt is the largest labor market in Germany (922 job offers per 1000 inhabitants).

There are about 43,000 companies in Frankfurt. The city is the site of many global and European corporations: Nestlé Deutschland, LinkedIn, Kern AG, Lufthansa 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.

Messe Frankfurt — the 3rd largest international exhibition center in the world, has more than 800-year history. Annually Messe Frankfurt holds more than 100 exhibitions around the world.

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

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Frankfurt am Main.

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