ZIP Code: 60314
City or town: Frankfurt
City district: Ostend
Federal country: Hessen
Number of residents (approx.): 750.000
Asking Price: € 895,000.00
Price per sqm living or other space: € 8,136.00
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.
Large cellar room in the basement.
Type and age of windows:
They are high-quality, large-area windows with triple glazing.
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.
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: 110.00 m²
Source or reference to the floor space information: Developer documents
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): Extensive work is planned for 2021; Exact decisions will only be made when the specific final cost estimates are available for all work and are currently being obtained.
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?: It was decided to tackle the necessary measures listed in an expert report on the house as soon as possible.
Which cost decisions have been made into which a buyer would enter after buying?: The total cost estimates are available. They are in the 6-digit range; for the flat to be sold, the special charges are between approx. € 65,000 and approx. € 80,000 The purchase price calculated for the refurbished flat and advertised here will be reduced appropriately.
MFH Number of residential floors total: 5
Living area: 110.00 m²
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.
Current net rent per month: € 2,000.00
Further information on the net rental income:
The tenant pays a flat rent, so the information about the net rent is an approximate figure. The all-inclusive Rent is 2.450 Euro.
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
What is the outstanding feature of this property: Central, very nice location in the coveted Ostend of Frankfurt
When can handover be done?: At any time
Note regarding the photos: The photos were taken by Mr. Luciano Morpurgo before the rental. We thank you for permission to use it here.