Very well-kept two-room apartment in Europa-Allee 132

Address of the Real Estate

Street: Europa-Allee 132

ZIP Code: 60486

City or town: Frankfurt am Main

Purchase Price and Realtor Commission

Asking Price: € 398,000.00

Parking possibility: Underground parking duplex parking

Asking price for parking areas: € 9,000.00

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

Total commission: 5.95 %

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.

Land plot data

Size of Landplot: 2,551.00 m²

Description of property

In a nutshell:
2-room flat on the 6th floor with a good tenancy agreement

Year of construction: 2014

Comment regarding year of building: Construction period 2012-2014

Detailed description of the object:
This beautiful two-room apartment with south loggia is located on the 6th floor of a new construction block from 2014.
The apartment all rooms and the loggia on the sunny side.
The kitchen is open to the living area; the bathroom is inside, opposite the bathroom is a storage room with connections for washing machine and dryer.
Flooring is a high-quality laminate, bathroom is tiled.
The apartment includes a basement room (nbr. 101) and a duplex parking space (nbr. 101). A general bicycle storage room is available in the underground parking area.

Features:
Fitted kitchen, bath with bathtub and separate shower. underfloor heating. Triple glazing of the windows, floor-level shower.

Comments regarding parking situation:
Spacious underground car park on basement level

Other information (population etc.)

Number of residents whole community: 750.000

Federal country: Hessen

More property information

Type and age of windows:
Triple-glazed plastic insulating windows floor-to-ceiling, and partly designed as patio doors.

Other data to the property:
The apartment is rented, see below in the expose

Notes regarding built-in kitchen: The existing fitted kitchen is from 2014 and is 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.

Room layout: Practically! All two living spaces (bedroom and living room) are on the south side, both rooms lead to the loggia.

Description of location

Description of location:
Best location in Frankfurt's new in-location. Only a few minutes' walk to Europapark or Rebstockpark with Rebstockbad. Rewe supermarket practically in front of the building and dm drugstore in the building. The city centre is five minutes away by car. A few metres further is the Europapark, where the new underground is still being built at the moment. There are very nice cafés and restaurants nearby, as well as the Skyline Plaza in about 10-15 minutes on foot.

City district: Europa-Viertel

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

Shopping facilities: In the building on the ground floor is a pharmacy and a drugstore. Next door a large REWE supermarket.

Energy Performance Certificate (EPC) Data

Residential Building - Final Energy Value: 63.00 kWh/m²a

Primary energy demand: 18.00 kWh/m²a

Year of construction of building according to EPC: 2012

Year of Construction of the heat generator according to EPC: 2012

Date of Energy Performance Certificate: 7 Jul. 2023

Condominium: Specific data (I)

In which floor (groundfloor=0): 6

Total number of floors with GF and possibly DG: 7

Approx. living area: 54.00 m²

Source or reference to the floor space information: The living space has been specified in the purchase documents.

Number of rooms (German counting): 2.00

Number of bedrooms: 1

Number of bathrooms: 1

Height of rooms (in m): 2.60 m

Balcony, Terrace, Loggia: Loggia on the south east side

Condominium: Specific data (II)

Co-ownership shares: 66,39 / 10.000 plus 2,5 / 10.000tel (Doppelparker) MEA

Share of property on the land in %: 0.664 %

Monthly housing fee: € 265.00

How much (in EUR) of maintenance fund payment already included in housing fee: € 22.79

Note: See the currently valid business plan

In case of renting out payable amount by tenant: € 165.00

Source of these informations: Business plan 2023

Renovations to be done in the flat: none

Renovations done in the flat: The apartment was renovated two years ago before the current tenant moved in.

Number of units 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.

Rental situation

General information on the renting situation: The apartment is rented. The rental period began on August 1, 2021. It is unlimited. An index rent was agreed.

Current net rent per month: € 938.40

Running costs, taxes etc. per annum (so far, without guarantee)

Land tax: € 306.00

Comment to the cost positions: For a detailed list of costs, see the household fee statement or the business plan.

Other vital Data

When is object available: As soon as the purchase price has been paid, the property can be taken over and the rent collected.

Final notes

What is the outstanding feature of this property: Great location in the middle of the European Quarter, very good rental ratio

About reason for sale: Asset reallocation

Appointments for viewings: According to the arrangement; we have to agree with the tenants

Note regarding the photos: Copyright (c) Peter Talkenberger, AllGrund Immobilien GmbH

Legal information

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).

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