Street: Europa-Allee 132
ZIP Code: 60486
City or town: Frankfurt am Main
City district: Europa-Viertel
Federal country: Hessen
Number of residents (approx.): 750.000
Asking Price: € 515,000.00
Price per sqm living or other space: € 7,500.00
Parking possibility: Underground parking duplex parking
Asking price for parking : € 30,000.00
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: The commission is divided equally between the buyer and the seller and amounts to 2.975% incl. VAT for each party.
In a nutshell:
Chic 2.5 room apartment as an ideal investment property, currently rented
Year of construction: 2014
Comment regarding year of building: Construction period 2012-2014
Detailed description of the object:
This chic two bedroom apartment with large south-facing loggia is located on the 6th floor of a new construction block from about 2014. Above is only the (set back) penthouse.
The apartment has living room loggia on the sunny side, the other two rooms (bedroom and possibly study or children's room) on the northeast-facing side with magnificent distant views to the northwestern Taunus.
The kitchen is unobtrusively integrated into the living area; the bathroom is located inside between the bedroom and the living area.
Flooring is a high-quality laminate, bathroom is tiled. In the bathroom are tub and shower as well as the place for the washing machine.
Fitted kitchen, bath with tub and shower. underfloor heating. Triple glazing of the windows, floor-level shower.
Comments regarding parking situation:
Spacious underground car park on basement level
Type and age of windows:
Triple-glazed plastic insulating windows from 2012, all of them floor-to-ceiling and some are designed as patio doors.
Kitchen built in: Yes
Notes regarding built-in kitchen: The existing fitted kitchen is 8 years old and included in the price.
Cellar layout: Keller und Parkgarage sind auf einer Ebene, und von da gelangt man auch mit dem Aufzug komfortabel zum 6. Stock.
Type of energy performance certificate: Residential building demand certificate
Residential Building - Final Energy Value: 61.30 kW/m²*a
Primary energy demand: 34.90 kW/m²*a
Main energy source: District heating
Year of construction of building according to EPC: 2012
Energy consumption for hot water included: included
Energy efficiency class: B (< 75)
Year of Construction of the Heating System according to EPC: 2012
Date of Energy Performance Certificate: 13 Aug. 2013
Description of location:
Best location in the newly emerging in-location of Frankfurt. A few minutes' walk to Europapark or Rebstockpark with Rebstockbad. Rewe supermarket practically in front of the house and dm drugstore in the building. Downtown is a five minute drive away. A few meters further is Europapark, where the new subway is currently being built. There is a nice café nearby and the Skyline Plaza is about a 10-15 minute walk.
Public transport connection:
The extension of metro line 5 through the newly built Europa Tunnel is scheduled for completion by 2026/2027. The stop is almost exactly in front of the house.
Connection to traffic routes by car:
You can be on the A 648 motorway in the direction of Frankfurter Kreuz within a few minutes
General noise level of location: Quiet
Shopping facilities: In the building on the ground floor is a pharmacy and a drugstore. Next door a large REWE supermarket.
Type of Condo: Apartment
In which floor (groundfloor=0): 6
Total number of floors with GF and possibly DG: 7
Approx. living area: 69.00 m²
Source or reference to the floor space information: The living space has been specified in the purchase documents.
Number of rooms (German counting): 3.00
Number of bedrooms: 2 (genauer gesagt, 1,5)
Number of bathrooms: 1
Height of rooms (in m): 2.60 m
Balcony, Terrace, Loggia: A south-facing large loggia, enclosed on three sides, offers a nice view
Co-ownership shares: 85,09 / 10.000 plus 2,5 / 10.000tel (Doppelparker) MEA
Share of property on the land in %: 0.871 %
Monthly housing fee: € 320.00
Note: See the currently valid business plan
How much (in EUR) of maintenance fund payment already included in housing fee: € 29.21
In case of renting out payable amount by tenant: € 200.00
Source of these informations: Business plan 2021 and lease agreement deom 2021
Total maintenance fund existing: € 211,116.00
Maintenance fund amount is per: 31.12.2020
Share of the flat in the reserve?: € 1855
Number of flats in the block: 104
Further hint regarding other than apartment units: There are two large retail units on the first floor with 372.33 and 802.52 co-ownership units (MEA), respectively, and 31 underground parking spaces with 10/10,000 co-ownership units each.
General information on the renting situation: The flat is rented. The lease started on June 1, 2021. It is unlimited.
Current net rent per month: € 1,110.00
Further information on the net rental income:
The rent is divided into €1,040 for the apartment (€15.29/m²) and €70 for the parking space.
Annual land tax: € 382.92
Status at handover: rented
Available as of: immediately
When is object available: As soon as the purchase price has been paid, the property can be taken over and the rent collected.
What is the outstanding feature of this property: The gorgeous location
Appointments for viewings: Identical empty apartment can be visited
Note regarding the photos: Some photos are from the year 2014, some from the identically constructed empty apartment; Surrounding photos are current
Contents and advertising statements: The descriptions made in this exposé have been prepared to the best of our knowledge and belief on the basis of conversations, studies of property documents, building descriptions, information provided by the seller, minutes of the owners' meetings (in the case of condominiums), research on the Internet with regard to connection location, traffic, schools, etc.. Notices with advertising attributes often also represent a personal opinion of the seller or copywriter, and are not to be understood as a declaration of quality in the sense of §§ 433ff BGB. Inadvertently incorrect or false statements will be corrected by us immediately after a hint or discovery by us. Advertising statements serve to arouse interest and emotions. Buyers must inform themselves in detail about the actual condition of an object brokered for sale, if necessary also by consulting an expert, civil engineer or architect. Verbal statements made on the telephone or at viewing appointments by the broker or employee are considered non-binding and may also be incorrect if based on misunderstandings. An interested party should always obtain written evidence of important statements about the condition, quality or legal status of a property. In particular, statements about expansion, extension, new construction, deconstruction of an object, which fall within the scope of building authorities and building inspection authorities, are not binding on our part. For this purpose, written inquiries must be made to the responsible authorities if this is deemed necessary. A preliminary building application or a preliminary permit application should be made in consultation with an architect (an owner's power of attorney is required for this).