AllGrund Ltd. | HRB 50527 AG Offenbach
Immanuel-Kant-Str. 35 | 63303 Dreieich
Tel.: 06103 310847 | Fax: 06103 8073755
Email: service@allgrund.com Homepage: www.allgrund.com
2 BR, 57m², balcony, newly renovated 2016
ZIP Code:
60318
City or town:
Frankfurt am Main
Federal country:
Hessen
Asking Price:
€ 260,000.00
Price per sqm living or other space:
€ 4,561.00
Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price):
5.95 %
Commission payable by:
Buyer
Note on the commission:
The buyer pays at the conclusion of the notarial deed a commission in the amount of 5.95% of the authenticated purchase price.
Size of Landplot:
947.00 m²
In a nutshell:
Great location, good investment
Year of construction:
1965
Detailed description of the object:
Two-room apartment with south-facing balcony in the best Nordendlage in Mittelweg, extensively renovated in 2016, new bathroom, new floors; good laminate, bright tiles. 2nd floor, elevator.
The apartment has a large living room, kitchen, inside bathroom, hallway, south balcony.
The building has a swimming pool, which is currently not in use. Renovation is planned, but not yet decided.
The building has a total of 26 units. The building is from 1965 and has a flat roof. This was completely renovated a few years ago. Due to the pool this apartment has no cellar room.
Features:
Laminate, iso-glass windows, shutters, new bathroom with tub, washing machine connection, large mirror cabinet, Lift
Parking options:
Public residential parking with pass
Comments regarding parking situation:
The apartment has no parking space.
Year of essential refurbishment of the special property (apartment):
2016
Kind and extent of refurbishments:
Bathroom was renewed, floor covering was renewed, apartment was repainted
Kitchen built in:
Yes
Notes regarding built-in kitchen:
No new kitchen
Type of energy performance certificate:
Residential building consumption certificate
Residential Building - Final Energy Value:
191.10 kW/m²a
Main energy source:
Natural gas
Year of Construction of the heat generator according to EPC:
1965
Energy consumption for hot water included:
not included
Energy efficiency class:
F (< 200)
Year of system installation comment:
The spa will be renewed this year
Date of Energy Performance Certificate:
11 Jan. 2018
Other info concerning Energy Performance Certificate:
The warm water is generated by electric water heater.
Description of location:
Best location in the central Nordend
City district:
Nordend
Public transport connection:
To subway station Grüneburgweg it is about five minutes. Bus in Oederweg around the corner. The city center (Hauptwache) is about a ten-minute walk.
General noise level of location:
Medium
Supplement to noise level:
The Mittelweg itself is not a loud backdrop. The restaurant is alive in the sunny season due to the outdoor terrace.
Type of Condo:
Apartment
In which floor (groundfloor=0):
2
Approx. living area:
56.43 m²
Source or reference to the floor space information:
In the division declaration, the plans and the floor area calculations are available. This is from 2007.
Owner used:
no
Rented out (details):
The tenant is in the apartment since July 2017. He would like to rent for a few more years. There are no rent arrears and no other problems in the tenancy.
Number of rooms (German counting):
2.00
Number of bedrooms:
1
Number of bathrooms:
1
Height of rooms (in m):
2.50 m
Balcony, Terrace, Loggia:
Yes
Co-ownership shares:
33/1000 MEA
Share of property on the land in %:
3.30 %
Monthly housing fee:
€ 272.00
How much (in EUR) of maintenance fund payment already included in housing fee:
€ 66.00
In case of renting out payable amount by tenant:
€ 143.00
Source of these informations:
Business plan 2018
(More) Informations on maintenance reserve fund:
The share of the apartment in the maintenance reserve amounted to € 3,984.88 as of 31.12.2017
Renovations to be done in the flat:
no current ones
Number of units in the block:
24
Further hint regarding other than apartment units:
Restaurant
Do extensions or outbuildings exist:
There is a storage room for bicycles.
General information on the renting situation:
A lease has been concluded without time limit. The rental payments are reliable. Very nice tenant.
Current net rent per month:
€ 750.00
Further information on the net rental income:
Graduated rent is agreed, increase by 25 € every three years
Land tax:
€ 288.84
Margin in % (annual net rent : purchase price):
3,5 %
Renovations done in the building:
In 2014, the flat roof was completely renovated (costs about 150,000, - €). This flat roof renovation is complete.
Renovations to be done in the building:
Modernization of heaters; for this there is a decision of the owner community to exchange them in August 2018. The financing is from the reserve.
Furthermore, the balcony renovation is scheduled for 2018 in autumn and 2019 in autumn. Again, a large part of the financing is provided from the reserve. See the protocol.
Estimated cost for this:
160000
Other information or specialties:
The swimming pool is shut down as long as the ventilation system has not been renewed. This was first reset, because first the heating must be renewed, which will happen this August. In connection with the ventilation, the electrical system must probably be renewed there.
What is the outstanding feature of this property:
The absolute top location
Appointments for viewings:
7.7. between 10 and 12 o
General Terms and Conditions
The property has been proven by AllGrund Immobilien GmbH Dreieich. Upon conclusion of the purchase contract, the brokerage fee, which the buyer pays to AllGrund, amounts to {courage} of the purchase price incl. VAT, due and earned with the notarial purchase contract. Subject to prior sale or letting. All information without guarantee, errors excepted. Contracts and brokerage contracts are concluded according to German law.
Right of withdrawal: The undersigned hereby confirms that he/she may withdraw from the brokerage contract within 14 days of the conclusion of the contract by email, fax or letter without stating reasons. However, the service of the broker shall be deemed to have been claimed and fulfilled if the undersigned, waiving his right of withdrawal, requests the conclusion of a purchase contract before the expiry of the 14 days. Notwithstanding the foregoing, the above-mentioned commission shall be payable to the broker only and in any case upon conclusion of a purchase contract. No further costs shall be incurred either in the event of revocation of the brokerage agreement or in the event of failure to conclude a purchase agreement for this property. The same applies in the case of a rental agreement.
________________________________________
Right of withdrawal / cancellation policy
Please note the following important information for you as a consumer regarding your right of revocation!
You have contacted us as an estate agent and would like to rent or buy a property (house, flat etc.) offered by us. By doing so, you are entering into a brokerage contract according to the law. This does not necessarily have to be concluded in written form, but can also be done by so-called conclusive behaviour. You give us the order to arrange a property for you, to show it to you, or to inform you of the address or to establish contact with the seller or landlord. As soon as we have given you this information, we are generally entitled to commission. (It is like in any other business - you want a service and we as a service provider have earned a fee for it, if the service has been rendered completely - or if necessary also partially).
In the following we explain your right of withdrawal according to § 355ff. BGB
We will be happy to answer any further questions you may have. Please note that these explanations refer exclusively to your right of revocation of the brokerage contract, but not to rental or purchase contracts. You as the client may revoke your contractual declaration as described above vis-à-vis the estate agent within 14 days of the conclusion of the contract without stating any reasons (e.g. by letter, fax, e-mail). The time of the conclusion of the contract is generally considered to be the time when you commission the estate agent to send you details of the offered property or to act on your behalf (e.g. viewing appointment, sending of an exposé or further information, forwarding of the address, rental contract, purchase contract etc.). In any case, the receipt of this revocation instruction in paper form is the latest point in time at which the 14-day revocation period begins.
In order to comply with the revocation period it is sufficient to send the revocation in due time by letter to AllGrund Immobilien GmbH, Immanuel-Kant-Straße 35, 63303 Dreieich or by fax to 06103/8073755 or by e-mail to service@allgrund.com or SMS to 0151-58703200. Sending the revocation to us on the last day of the revocation period is deemed to be in due time. If you send us your cancellation by email, we recommend that you use a second means of communication, preferably by fax, as emails can sometimes end up in automatic spam filters over which we have little control. You are also welcome to call us to make sure that we have received your cancellation. However, you cannot revoke orally. After proper revocation, any payments already made by you to us must be returned to you as the client without delay, at the latest within fourteen days of receipt of the revocation by us. No fee will be charged to you as principal for this return of payments. The return of the payments shall be made in the same way as the payment was made by you.
________________________________________
Order for the provision of services before the end of the cancellation period
If you wish to commission us to provide a service before the expiry of this 14-day revocation period (e.g. viewing, naming an address, sending detailed documents, naming landlord or seller), you thereby declare to us that you have been informed of this and agree that your right of revocation thereby expires.
If you have nevertheless already received services from us by the time you exercise your right of revocation in due time, you thereby declare that, in the event of a revocation of this conclusion of the contract, you shall pay a customary, reasonable remuneration for the services rendered up to the time of revocation, which remuneration shall correspond to the share of the services already rendered in the total scope of the contractually agreed services. If the proof of the opportunity to conclude a contract or for the mediation of a contract has been provided, this shall correspond to the total scope of our services. Other services rendered up to that point (viewings, consultations relating to the purchase or rental, etc.) are to be remunerated by you, if applicable, in an appropriate and customary manner in accordance with the broker's effort, insofar as the entire service has not yet been rendered in full.
Expiry of the right of withdrawal through complete performance of the service
You, as the client, are hereby notified that your fourteen-day right of cancellation set out above will expire once we have fully and properly provided the contracted services.
Please note:
The law requires us to provide you with this cancellation notice for each property brokered by us. There is no possibility to declare a general waiver of this requirement. Therefore, if you are requested to sign this confirmation again at each viewing, this is solely due to the legal regulations to which we are bound. If an exposé states that you, as a potential tenant or buyer, do not have to pay any commission (for example, because the agent is remunerated by the landlord or seller or, if applicable, is offering a property from his own property), the right of withdrawal does not apply.
Deutsch