A rare period freehold apartment from 1900, with balcony, adjacent to Berger Strasse in Bornheim, five underground stops from the ECB, and in the most sought-after district of Frankfurt for young professionals who value the bohemian and cosmopolitan feel. This second floor apartment extends to 54.69 sq m and is fully let with tenants in situ paying €850 net pcm a yield of 5.8% net.

The entire building, including this apartment, was refurbished from scratch in 2001, including new wiring, new floors, new gas boiler and new radiators, new bathroom, new kitchen and new balcony.
It has spacious balcony to rear overlooking the garden, with view to the old town of Bornheim. The ceilings of this apartment are partially decorated with beautiful stucco. The apartment comes with furniture and fitted kitchen worth €8,000. The flat includes a high quality bathroom with shower, large jacussi bathtub and two washbasins.

The Frankfurt metropolitan area has a population of 5m; the second largest in Germany. Frankfurt is one of the wealthiest cities in Europe, and is considered the most affluent, with the highest earnings per head of any city. It is the financial centre of not only Germany but also Europe: the location of European Central Bank headquarters and 300 other banks, it also has more lawyers per head than any other city in Europe. There is, therefore, a very strong rental market from young professionals and students. Buying in Frankfurt is like buying in London ten years ago; the city has the same characteristics and offers excellent value.

The west of Germany is a mature affluent market, which allows investors the ability to sell their property on to the local population. Germany is the third largest economy in the world and the main driver of the Eurozone economy. Property here is at the bottom of the property cycle and offers the best opportunity to secure very good value - effectively at mid-nineties prices.