Investment 380 m² in Frankfurt, Germany

Germany, Frankfurt
$3,67M
$9,659/m²
;
ID: 1598426
Property ID on Realting
In CRM: 326
ID of the ad on the website or in the company’s CRM
Last update: 23/10/2024

Location

  • Country
    Germany
  • State
    Hesse
  • City
    Frankfurt
  • Address
    Friesstrasse

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $9,659/m²
  • Total area
    Total area
    380 m²

Building parameters

  • Number of floors
    Number of floors
    5

Interior details

Interior Features:

  • Balcony

Description

Apartments in Frankfurt am Main - a reasonable investment in liquid objects with the potential for increasing profitability! 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; m ². Interior decoration: - natural wood parquet in all living rooms; - high-quality tiled cladding in bathrooms of individual choice; - underfloor heating in all rooms; - automatically adjustable blinds; Transaction costs Notary public ( gos. registration ): 1.5% Acquisition tax: 6.0% The ability to obtain 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%, when financing is received, income rises to 5.6%, respectively%. When calculating profitability, one should take into account the increase in housing prices in Frankfurt am Main by at least 10% per year.

Location on the map

Germany, Frankfurt
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