real estate brochure - property-schoenberg.com · 27-02-2020 · information displayed provided by...

REAL ESTATEBROCHURE

Information displayed provided by: RSI Sachwert-Konzept GmbH & Co. KG, Taunusstraße 62, 65183 Wiesbaden, DE Offering By: Property Schönbergstraße 31 GmbH.

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INVESTMENT

Property type: Multi-unit residential

Location: Wiesbaden (Frankfurt Metropolitan Area)

Project cost: ~ € 2.3 million

Funding target: € 950,000

Investment period: 2-5 years

Investment rate of return: 3.3% up to 5.3%

Start of Sale: March 2020


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PROJECT

Schönbergstraße 31

Units: 8

Size: 605 square metres

Location: Wiesbaden-Dotzheim

Renovations & improvements: 2003, 2005, 2007, 2016, 2019


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MARKET

Economic engine

As the state capital of Hessen, Wiesbaden’s economy is powered by a broad mix of sectors. These include pharmaceuticals, high-tech, IT, manufacturing, and creative industries. The city is home to many Hessian ministries, as well as the Federal Criminal Police Office and the Federal Statistical Office of Germany.

Wiesbaden hosts a number of international companies that have their German or European headquarters in the city, including Abbott Laboratories, DXC Technology, Ferrari, Federal-Mogul, Melbourne IT, Norwegian Cruise Line and SCA. Several German companies also have their headquarters in Wiesbaden, including SGL Carbon, Dyckerhoff, KION Group, DBV- Winterthur and R + V Versicherung.

Strong real estate market

As the Hessian state capital evolved from a fashionable health resort into an international administrative and service centre, demand for housing has not been met with sufficient supply.

The median asking rental price in Wiesbaden has risen from € 8.81to € 10,72 per square metre over the last five years. Purchase prices for 60-square meter flats have increased from € 1.943,60 in 2011 to € 4.579,49 in 2020 on average.

According to the 2016 Wohnatlas published by Postbank, real estate prices in Wiesbaden are expected to continue to increase significantly in the near future.


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Well-connected

Together with nearby Frankfurt am Main, Darmstadt and Mainz, Wiesbaden is part of the Frankfurt Rhine-Main Region, a metropolitan area with a combined population of more than six million people. Frankfurt, a major international financial hub, can be reached in 30 minutes by car or rail (S-Bahn network connection). The Frankfurt International Airport is just 25 kilometres away.

Favourable demographics

Wiesbaden is the 10th-richest city in Germany, boasting 110.3% of the national average gross domestic product (2017). The average citizen has a purchasing power of € 24,783. The city’s diverse economy and emerging creative sector have contributed to significant net migration of young people in recent years.

Fun facts

Wiesbaden is one of the oldest spa towns in Europe and was at one point considered the “Nice of the North.” Its name translates to „meadow baths.“Wiesbaden is the birthplace of Anheuser-Busch co-founder Adolphus Busch, Formula One champion Nico Rosberg, and American tennis star John McEnroe. Priscilla Presley, Mickey Rourke, and Reese Witherspoon have all called Wiesbaden home at one point in their lives.

Experienced third-party property management

With more than 30 years of experience in financial services, Peter Schott is a leading expert in financial consulting for both businesses and high-net-worth individuals (HNWI), covering a wide range of activities from real-estate financing to equity and debt structuring advisory. Currently Managing Director at RSI Unternehmensgruppe in Wiesbaden, Peter applies his broad expertise to strategic financial advisory services and the development of innovative investment solutions for his clients.


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Wiesbaden: Elegant spa city and ambitious service centre

The Hessian state capital has evolved from a fashionable health resort into an international administrative and service centre.

In the 19th century, the city became a playground of high society, where nobility and bourgeoisie gathered for entertainment and recuperation.

The stays of the German Emperor Wilhelm I and Wilhelm II, in whose favour Wiesbaden became the meeting place of nobility, arts and politics, drew crowds to the area.

Since Wiesbaden suffered little structural damage in the Second World War, the historical building stock largely survived.

The old functional areas of the spa town remain visible. The Quellenviertel area features the old bath houses, now operated as hotels. The Kurhaus boasts the casino that received a literary memorial in the Dostoyevsky novel „The Gambler“, but it is also the venue of balls and large festivals.

Wiesbaden’s reputation as a world spa city is also attributable to a number of prestigious public buildings and extensive landscaped grounds in the city centre.


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The two urban expansion zones Bergkirchenviertel and Inneres Westend reflect the structure of the historic working-class district with its characteristic courtyards and workshops still largely intact.

The urban expansion zone Ringkirchenviertel remains the preferred residential area of the upper-middle class.

The heritage-protected overall structure of Wiesbaden is one of the most extensive heritage areas in Germany.

The maintenance and preservation of the historic building stock have played a significant role in the city’s urban development for decades.

In summer 2012, the City submitted an application to become a UNESCO World Heritage Site as the “stage of high society and culture in the 19th century.”

The Hessisches Staatstheater Wiesbaden is producing operas, plays, ballets, musicals and concerts on four stages.

It is also known as Staatstheater Wiesbaden or Theater Wiesbaden, its orchestra is the Hessisches Staatsorchester.

The building was inaugurated in 1894.

real estate brochure - property-schoenberg.com · 27-02-2020 · information displayed provided by...

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