Flat for sale
£168,526
Hesse, Gallus, Germany Property ID: 36632571
Property features
- Short-term accommodation in Frankfurt city centre
- Up to 5% returns- paid monthly
- Above-average returns per sqm
- Commercial real estate - no rent caps or controls
- Fully managed with comprehensive service package
- Prices from €193k to €427k
- 345 apartments - 65% sold!
Property description
Serviced apartments from €193k. Earn up to 5% returns per annum.
Generate stable rental income with these stylish new apartments in the centre of Frankfurt. Germany's international business hub is the new home for major financial institutions, as major international firms relocate due to Brexit uncertainty. This is creating jobs and fuelling demand for accommodation in a city where there is already a shortfall of 40,000 apartments.
These new serviced units are perfectly placed for business workers and trade fair attendees in a popular neighbourhood just 5 minutes from the financial district. With rents in the area rising significantly since 2008, and each apartment fully furnished and managed by an experienced company, enjoy reliable returns of 5%, paid monthly, with zero rent caps or controls.