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Frankfurt am Main, Hessen, Germany

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Overseas property
Germany
Hessen
Frankfurt am Main

8listings

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Buy-to-let apartments inanew complex, Frankfurt am Main, Hesse, Germany

From226,000€

Built in2022Total of 47 apartments

Residential complex

Villa inFrankfurt am Main, Germany

Price onrequest

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Vissarionos, 4, 10672 Athens, Greece

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Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE

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Managing Partner & Co-Founder Tranio

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Real Estate Expert Tranio Europe

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FAQ aboutFrankfurt am Main

Can aforeigner buy aproperty inFrankfurt am Main?

Generally, buying aproperty inFrankfurt am Main is possible forforeigners andthere are no restrictions. You can buy real estate inGermany even if you do not have aGerman residence permit, but buying process does not automatically entitle you tosuch apermit.

How much deposit do Ineed tobuy aproperty inFrankfurt am Main?

You will need tomake asignificant deposit before you buy property inFrankfurt am Main. Aminimum deposit of20% is standard, andinsome cases, emigrants are requested todeposit intheamount of30–40%, since they are considered asahigher risk.

Is buying property inFrankfurt am Main agood investment?

Yes, since Germany attracts alarge number offoreign anddomestic investors who are looking forhigh-quality andhighly profitable real estate. Objects generate income of3–4% per annum, andinthenorth ofthecountry— up to5–6%. Forsome time, interest rates will remain low, which is good forthose who want tobuy andkeep property inkey locations.

Are there property taxes inGermany?

Yes. Thetax base is theassessed value oftheproperty. Thebasic property tax rate inGermany is 0.35%, multiplied byamunicipal factor. Theeffective tax rate is usually between 1.5% and2.3%.

How can Iget German citizenship?

Aperson can become aGerman citizen inone ofthree ways: bybirth, byadoption asaminor, orbynaturalization. Aperson may be born aGerman citizen through descent from his parents, orthrough place ofbirth.

Can Iget aGerman passport if Iwas born there?

If you do not have German parents, but are born within theborders ofGermany, you qualify forcitizenship bybirth orbyright ofsoil.

How can Iget residency inGermany?

Toapply tobecome apermanent resident inGermany, you must fulfill thefollowing conditions: five uninterrupted years ofresidence inGermany with aresidence permit, five years ofsecure livelihood, including health insurance andsocial insurance (pension) contributions.

How long do you have tolive inGermany tobecome acitizen?

You must have lived inGermany onaresidence permit foratleast 8 years oryou must have lived inGermany onaresidence permit for7 years andattended anintegration course (or6 years onspecial integration circumstances).

How can Iget permanent residence inGermany?

Most foreign residents can apply forapermanent residence permit inGermany— a”settlement permit“— after five years. Some people may get it sooner. Forexample, if you are anon-EU national married toaGerman citizen, you could file your application forasettlement permit after three years.

How many countries can German passport enter without visa?

German citizens can travel to188 world countries without avisa, orwith avisa-on-arrival, asoftoday. Thecountry has risen tothesecond place, up from thethird place it held with France inthelast Henley Index update.

How much does German citizenship cost?

You need topay thenaturalization fees. Application form— 255 euros foradults and51 Euros forchildren under 16 years old. Test fornaturalization/citizenship— 25 euros.

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