12 000 000 €
12 000 000 €
Sale price | 12 000 000 € |
Price per square meter | 8.46 € |
Floor area | 1 600 sq.m |
Construction phase | Resale |
Date of construction | 1957 |
Number of storeys | 8 |
Address | Germany, Frankfurt-am-Main |
Location | within the city |
Profitability | |
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Annual return | 3.2 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
Business expenses | |
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Not included in the price |
An apartment building with commercial premises in the center of Frankfurt.
Residential and commercial building for sale in the central district of Frankfurt.
The fully leased facility was renovated in 2023.
The house has about 30 apartments and commercial premises for rent.
Among other modernization works, the following were carried out:
- Modernization of the facade
- New parking spaces
- New balcony glazing
- New storefronts
- Reconstruction of retail premises
- Stairs and electrics are new
- Modernization of stairs
- New tiles on the stairs and in the corridors
- Elevator with new stainless steel cabin
- New heating (gas condensing boiler)
- New entrance doors, etc.
Location: The facility is located in the central district of Frankfurt am Main.
Frankfurt am Main is the business capital of Germany, the most technologically advanced and modern city in the country, which is gaining increasing popularity among tourists from all over the world due to its location and attractions. The economic attractiveness of the city of Frankfurt am Main is the main factor in the stability of the local real estate market, the prices of which, according to experts, will only grow. Buying a property in Frankfurt am Main and its surroundings is a great way to save and increase capital.
P. S. For confidentiality purposes and in accordance with the terms of the owner, photos of the object and the exact address are not subject to publication.