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Fantastic penthouse with incredible roof terrace by Daniel Libeskind commission-free for sale

1,106,000 €
9,294 € /m²
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  • Total area
    119 m²
  • Bedrooms
    4
  • Bathrooms
    1
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Location

Taking in the skyline from Frankfurt’s newest district, Riedberg, you are well placed to savor the fresh air that flows into the city from the Taunus mountains. Ever since the development of Riedberg started in 2004, an entire urban district of modern residential buildings has been created, along with the infrastructure required to comfortably accommodate more than 10,000 new residents – from child day care centers and schools to subway stations, bus stops, churches, shops, medical centers, cafés, and restaurants – in this vibrant, metropolitan district, nothing is ever far away. Riedberg boasts a balanced mix of living and working, with a host of parks and verdant public spaces, along with a wide range of sports and leisure facilities. The Goethe University is at the heart of Science City Frankfurt-Riedberg, and, together with a number of the world’s most highly renowned research institutions, such as the Max Planck Institute for Biophysics, the Max Planck Institute for Brain Research, the Frankfurt Institute for Advanced Studies (FIAS), and several international technology companies, has established Riedberg as a global research hotspot.

More properties

If this property wasn’t for you, take a look at other apartments for sale in Germany.

You can see more apartments for sale in Frankfurt am Main elsewhere on our website.

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    Svetlana Larionova
    Svetlana Larionova,
    Real Estate Expert Tranio Europe
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      Svetlana Larionova
      Svetlana Larionova,
      Real Estate Expert Tranio Europe
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      How to buy property with Tranio
      Enquiry

      Send us an enquiry with an approximate description of the property or investment project you’re interested in.

      Meeting the partners

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      Offer selection

      We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

      Viewing tour

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      Transaction closure

      Having chosen the best property, you will sign the sales or investment agreement (for development).

      FAQs
      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Turkey passport by buying a property worth at least $400,000.

      • Is it possible to make money off a flat in Germany?

        Yes. You can rent out your flat on a medium- or long-term basis. To relieve yourself of the burden of finding tenants, hire a management company, which usually costs about 10% of the rent. It is best to buy a flat close to the city centre, near the metro, cafés, shops and parks. We recommend choosing small flats, as they generate more income per square metre and are easier to sell. To get an idea of the rental income this flat can generate, look at advertisements for similar properties in this area.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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        Head of Sales
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