Brief Market Report on Frankfurt

The Property market in Frankfurt shows a strong interest of private investors which especially in the last four months have noticeably increased in numbers. Private investors want to shift funds from bank property investments with stable value. One especially can notice a strong interest by a buyer clientele in a price region of 100-200.000 €; either owner-used or increasingly also as a rented property. Whilst about two or three years ago the response to rented apartments was near to nil at least by German investors, this has increased enormously in volume in the last months. But even the “small” investor looks precisely for location, features and long-term rentability. Features like balcony, wooden floors like floor boards or parquet, energy consumption and even the apartments direction play a large role in the choice of the right place. Preferred areas of the city are Bockenheim, Nordend, Sachsenhausen and Bornheim. The Westend rather has become a focussed area by buyers of large or very large flats. Our tip: even in the other parts of the city the buyer of two or all apartments on one floor preserves the chance to unite these later to one large apartment which are much sought-after and can sell for a good price. For investors it is also important that when they buy an apartment with an existing tenant they should inquire into the payment of rent by that tenant, if there were delays or defaults, and if the tenant complained about things that may even have lead to shortening of the rent. All in all the investment climate has improved enormously and Frankfurt as a well-known value-stable location of many international banks and other firms is one of the best places to put ones money into. This is known very well by many, also younger buyers.