Close to Frankfurt-ECB: New 2 bedroom apartment with large garden, built in 2014

Street: Howaldtstraße

ZIP Code: 60314

City or town: Frankfurt

City district: Ostend

Federal country: Hessen

Number of residents (approx.): 750.000

Asking Price: € 780,000.00

Parking possibility: Parking deck

Asking price for parking : € 15,000.00

Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 2.975 %

Total commission: 5.95 %

Commission payable by: Half by buyer and half by seller

Note on the commission: Commission is due from both sides (seller and buyer) with the conclusion of the notarial purchase contract

In a nutshell:
Ideal family flat, the garden is a huge hit! Three minutes to the European Central Bank.

Year of construction: 2014

Detailed description of the object:
A property in a very modern, open design with bright rooms. Two levels; on the first level is the bright living and dining area, in the middle between the two is the modern kitchen and a shower room with toilet.
On the 1st floor there are two large bedrooms, a bathroom with tub and shower and a storage room.
The apartment has an exclusively usable and fenced garden facing east. The whole interior is very protected.
Note: The flat is outlined in dark on the attached plan; the flat area below in lighter grey does not belong to the flat.
The children's room has approx. 18m². A subdivision is feasible and was also provided on site; however, two children's rooms of 9m² each no longer meet the requirements for appropriate room sizes for children's rooms.

Features:
Large cellar room in the basement.

Parking options:
Duplex parking

Comments regarding parking situation:
It is a lift parking deck, with the parking space belonging to the apartment being on the lower parking level. Access at ground level, hydraulic lowering.

Type and age of windows:
They are large-area windows with triple glazing.

Other data to the property:
Inventory (kitchen, built-in and other furniture) can be taken over.

Kitchen built in: Yes

Type of energy performance certificate: Residential building demand certificate

Residential Building - Final Energy Value: 70,7 kW/m²*a

Main Energy Source - Other: Combined heat and power, regenerative, electricity mix

Year of construction of building according to EPC: 2014

Energy consumption for hot water included: included

Value includes power consumption for: hot water

Energy efficiency class: B (< 75)

Year of Construction of the Heating System according to EPC: 2014

Date of Energy Performance Certificate: 19 May. 2014

Freehold or Leasehold: Freehold

Type of Land plot: Inner city

Size of Landplot: 384.00 m²

Description of location:
Frankfurt's Ostend is one of the trendy districts of the early 21st century. A lot has happened here since the European Central Bank moved in. The leisure and recreational facilities and offers on the banks of the Main and on the water itself, cultural events, sporting events have brought the quality of something bohemian style to this newly emerged urban lifestyle. The nearby Hanauer Landstrasse with its range of in-pubs, bars, restaurants, furniture and car dealerships, offers a uniquely broad spectrum for a public that understands city life to be more than a dull working world. Like a magnet, it attracts young and young at heart, excludes no one, and is characterised above all by an international mix of residents who come from all over the world because of the European Central Bank. The Ostend is a district that is undergoing a transformation that will continue for many years to come and will be characterised by the ECB, proximity to the Main River, high-end new developments and freedom from social constraints. Instead of going to expensive places, people like to go to the youthful bistro around the corner or to their favourite kebab shop; or even to packed restaurants where the pizza is huge and yet inexpensive. In short, if you live here, you really live. Even with children, it is life with a lot to offer; the zoo is practically around the corner, the Main River on the other side of the street and a football field can also be found somewhere.

Public transport connection:
There is everything here, from the S-Bahn to bus and train everything can be reached in a short time.

Connection to traffic routes by car:
By car, you can be on the motorway in just a few minutes, and at the Frankfurter Kreuz or Rhein-Main-International Airport in about 15 minutes. Taxis are available so that you don't have to sneak through traffic in your car - but can instead relax and take care of your correspondence during the journey to the airport or ICE station.

Supplement to noise level: It is totally quiet in the apartment, as it faces the garden, no window faces the street.

Child friendliness of the location: All clear! With this garden, you don't have to worry about your little ones getting bored. It's more likely that your children will bring their friends.

Development of bicycle routes: Wonderful cycling along the banks of the Main, good cycle paths in the city

Schools, kindergardens ect.: Nine schools in the immediate vicinity, plus around 12 daycare centers

Shopping facilities: Everything is available around the corner

Type of Condo: Maisonette

In which floor (groundfloor=0): EG und 1. OG

Total number of floors with GF and possibly DG: 5

Approx. living area: 107.60 m²

Source or reference to the floor space information: Own measurement from 6.8.21

Owner used: No

Rented out (details): Yes

Number of rooms (German counting): 4.00

Number of bedrooms: 2

Number of bathrooms: 2

Height of rooms (in m): 2.65 m

Balcony, Terrace, Loggia: Large terrace

Co-ownership shares: 194,65 / 1.000tel MEA

Share of property on the land in %: 19.465 %

Monthly housing fee: € 338.00

Special use rights: SNR on terrace, garden and parking deck P4

Number of flats in the block: 5

Massive or extensive refurbishments (year): See documents in the data room; the link is available on request. Comprehensive renovation measures have been decided upon, which are due to construction errors on the part of the developer or the companies carrying out the work. Since the developer went bankrupt, the owners have now commissioned specialist companies to carry out these measures. The flat for sale here will also incur costs for these measures, which will have to be paid in the form of special apportionments.
The building damage report and the renovation plan can be made available to you on request.

Planned actions: Waterproofing of the roof and terraces, closure of the building entrance area (see related meeting minutes); re-commissioning of the lift when all other work has been completed.

Already decided actions?: Scaffolding will soon be erected in order to carry out the renovation work as set out in the resolutions. The contracts have been awarded and the special allocations have been decided.

Which cost decisions have been made into which a buyer would enter after buying?: The total cost estimates are available. For the apartment to be sold, the special levy is around € 40,000. This is the responsibility of the buyer.

MFH Number of residential floors total: 5

Type of construction: Massive

Number of flats (apartments) in building: 5

Basement (cellar area): Yes

Number of full sized storeys: 4th

General information on the renting situation: The lease runs until 8/22/2022 at the latest.

Further information on the net rental income:
The tenant pays a flat rent. The flat rent is € 2,450.

Annual land tax: € 599.40

Electricity p. yr.: € 1,800.00

Comment to the cost positions: Internet Vodafon 491.40 p.a. The costs for internet and electricity are included in the all-inclusive rent of the current tenant.

Status at handover: rented

Available as of: immediately