- 27,285,000 €
- 4.7% yield
- Frankfurt am Main Apartment building 3,418,000 €
- Basic parameters
- Photo
№ 1,790,634
Apartment building 607 m² in Frankfurt
3,418,000 €
5,630 € /m²
- Apartments 4
- Yield 4.0%
- Constructed 2019
- Price per key —
Key project parameters
- Total area
- 607 m²
- Apartments
- 4
- Number of parking lots
- 10
- Constructed
- 2019
Project description
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)
Extra information
Car parks
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 4.0%
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).
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Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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