ZIP Code: 60314
City or town: Frankfurt
City district: Ostend
Federal country: Hessen
Asking Price: € 160,000.00
Price per sqm living or other space: € 5,000.00
Brokerage commission 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.
In a nutshell:
Small apartment, ideal for student or weekend home users
Year of construction: 1950
Comment regarding year of building: There are two details in the documents; once in 1900 - this may have been the original year of construction - and once in 1950, which was probably the year of reconstruction. The building has the characteristics of the 50s.
Detailed description of the object:
On the 5th floor (top floor) of a well-kept apartment building located apartment with a bedroom and living room, a bathroom with tub, and a relatively large kitchen. The apartment is in need of renovation; The nature and extent of the renovations are determined by the buyer.
Type and age of windows:
Iso double glazed windows
Other data to the property:
Facade and roof were made only in recent years. The facade was provided with a thermal insulation composite system.
Freehold or Leasehold: Freehold
Type of Land plot: Building and surrounding property
Size of Landplot: 364.00 m²
Ground reference value ser sqm land: € 2,500
For which qualifying date: 1 Jan. 2018
Source of these data: Geoportal Hesse
Description of location:
The Schichaustraße is a small side street parallel to the Sonnemannstraße, practically vis-a-vis the new European Central Bank. The Ostend has gained enormously in value due to the development of space around the ECB.
Public transport connection:
S-Bahn station Ostend is only a few minutes walk away.
General noise level of location: Quiet
Date of Energy Performance Certificate: 7 Sep. 2015
*Type of energy performance certificate: Residential building consumption certificate
*Residential Building - Final Energy Value: 94,2 kW/m²*a
Energy consumption for hot water included: included
*Main energy source: Natural gas
Year of Construction of the Heating System according to EPC: 1990
**Year of construction of building according to EPC: 1957
*Energy efficiency class: C (< 100)
Type of Condo: Roof storey
In which floor (groundfloor=0): 5
Total number of floors with GF and possibly DG: 5
Approx. living area: 33.50 m²
Source or reference to the floor space information: A current survey with floor plan has been created.
Number of rooms (German counting): 1.00
Number of bathrooms: 1
Balcony, Terrace, Loggia: No
Co-ownership shares: 51,21/1000 MEA
Share of property on the land in %: 5.12 %
Monthly housing fee: € 150.00
How much (in EUR) of sinking fund payment already included in housing fee: € 50.00
In case of renting out payable amount by tenant: € 62.00
Source of these informations: Settlement fiscal year 2018
Sinking fund amount approx.: € 46,658.74
Reserve fund amount is per: 30.06.2019
(More) informations on maintenance reserve fund: The stock of reserves as at 30.06.2019 consists of the balance of 31.12.2018 (€ 40,876.87) and the pro rata allocations (€ 11,563.47 / 2): € 46,658.74.
WE 11 is entitled to this according to MEA 51,21 / 1,000 (=€ 2.389,46).
(Source: property manager)
Renovations to be done in the flat: At its own discretion
Special use rights: no
Number of flats in the block: 14
General information on the renting situation: The property is not rented.
What is the outstanding feature of this property: Central location, ideal for one person
Appointments for viewings: As per individual arrangement