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3 400 000 €

Commercial apartment building in Frankfurt-am-Main, Germany, 380 sq.m
  • Commercial apartment building in Frankfurt-am-Main, Germany, 380 sq.m - picture 1
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  • Commercial apartment building in Frankfurt-am-Main, Germany, 380 sq.m - picture 1
  • Property ID on Prian.info: 3170106
    Property ID on company's website: /catalog/paket-iz-kvartir-vo-frankfurte-na-mayne/
    Last update: 28.08.2023
    Number of views: 3544

3 400 000 €

Commercial apartment building in Frankfurt-am-Main, Germany, 380 sq.m

380 sq.m 3.8% per year
Credit

  • Property ID on Prian.info: 3170106
    Property ID on company's website: /catalog/paket-iz-kvartir-vo-frankfurte-na-mayne/
    Last update: 28.08.2023
    Number of views: 3544

Specifications

Sale price 3 400 000 €
Price per square meter 8 947.37 €
Floor area 380 sq.m
Construction phase Off-plan
Number of storeys 5

Finance

Profitability
Annual return 3.8 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price
Crediting assistance

Description

Apartments in Frankfurt am Main are a reasonable investment in liquid objects with the potential for profitability growth!

Frankfurt am Main, one of the top business centers in Germany, is undoubtedly considered one of the most promising and attractive large cities both in economic indicators and in comfortable living conditions.
A package of 10 apartments in a new residential complex in Frankfurt am Main.
The cost of apartments varies from € 230,000 to € 470,000.
Total area: about 380 m2 .
Interior decoration:
- parquet made of natural wood in all living rooms;
- high-quality tile cladding in bathrooms by individual choice;
- underfloor heating in all rooms;
- automatically adjustable blinds;
The possibility of obtaining a loan from a German bank in the amount of 50% of the total cost of apartments at 2.0% per annum.
The net annual rental income is approximately 3.8%, with the receipt of financing, the income increases accordingly to 5.6%.
When calculating profitability, it is necessary to take into account the increase in residential real estate prices in Frankfurt am Main by at least 10% per year.

Location and surroundings: a green area with developed infrastructure and convenient transport links. There is a park opposite the new building (across the street). Advantages: proximity to the city center (4 km), excellent transport links: metro line.

P. S. We work from Frankfurt am Main, thanks to which we can solve all turnkey issues directly in Germany: confidentially and without intermediaries.


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Representative

Alexander Ufnarovski
CEO
Languages: english
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Seller
Alexander Ufnarovski CEO

Estate-Service24

Languages: english
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