Best Bornheim: Free condominium with 2 rooms, balcony and garage

Address of the Real Estate

ZIP Code: 60316

City or town: Frankfurt

Purchase Price and Realtor Commission

Asking Price: € 320,000.00

Price per sqm living or other space: € 5,800.00

Parking possibility: Single Garage

Asking price for parking areas: € 25,000.00

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

Total commission: 5.95 %

Note on the commission: The buyer and seller each share exactly half of the brokerage commission, in accordance with BGB § 656c.

Purchase extra costs: Real estate transfer tax, notary, district court approx. 6.5%.

Land plot data

Size of Landplot: 419.00 m²

Quality of living area: 2 out of 5 = Superior location

Description of property

In a nutshell:
A class apartment 2 minutes from Berger Strasse

Year of construction: 1956

Detailed description of the object:
Very cosy sunny flat with south-facing balcony. Bedroom and living room on the south side, kitchen on the north side, bathroom at the head of the corridor inside. The flat was modernised about 11 years ago. No major renovations necessary before moving in or renting.

Features:
Good parquet floors in both main rooms; kitchen and bathroom tiled, fitted kitchen can be taken over. Cellar room and garage available.

Comments regarding parking situation:
Garage in the courtyard (the middle of three individual garages)

Other information (population etc.)

Number of residents whole community: 750.000

Federal country: Hessen

More property information

Type and age of windows:
The windows are aluminium double-glazed. For the window elements in the living room and bedroom there are cost offers for replacement with and without motor (from 2020); subsidies may be possible, must be researched by the buyer.

Year of essential refurbishment of the special property (apartment): 2011

Kind and extent of refurbishments:
See service description in the data room (from 2011)

Description of location

Description of location:
The flat is close to Sandweg, only three minutes away from Berger Straße. An absolute top location for owner-occupancy or renting out.

City district: Bornheim

Public transport connection:
It is about a five-minute walk to the U-4 stop (Höhestraße station).

Energy Performance Certificate (EPC) Data

Date of Energy Performance Certificate: 25.03.2019

Year of Construction of the heat generator according to EPC: 2004

Year of construction of building according to EPC: 1956

Residential Building - Final Energy Value: 106.00 kWh/m²a

Primary energy demand: 116.00 kWh/m²a

Further technical details

Age of heating system (approx): 18 years

Air condition: No

Billing for heating and hot water: About Housekeeping balance

Photovoltaics available?: No

Solar collectors for hot water available?: No

Condominium: Specific data (I)

In which floor (groundfloor=0): 3

Total number of floors with GF and possibly DG: 4

Approx. living area: 54.84 m²

Source or reference to the floor space information: Measurement by a certified expert from 13.10.2022

Owner used: Yes, will be vacant due to moving

Number of rooms (German counting): 2.00

Number of bedrooms: 1

Number of bathrooms: 1

Balcony, Terrace, Loggia: South-facing balcony with almost 4m², counted towards 25% of the living space

Condominium: Specific data (II)

Co-ownership shares: 113 / 1.000 MEA

Share of property on the land in %: 11.30 %

Monthly housing fee: € 255.00

How much (in EUR) of maintenance fund payment already included in housing fee: € 50.00

(More) Informations on maintenance reserve fund: Annual increase € 5,000

Note: In house money is the garage with monthly. €10 included.

Allocable to the tenant when letting (excluding property tax and CO-2 share): € 135.00

Source of these informations: Economic plan 2023

Renovations to be done in the flat: At its own discretion

Special use rights: At Cellar No. V

Number of units in the block: 9

Fractional ownership: Specific data

Type of partial property: Garage

Ownership shares: 10/10,000

Further Informations to the shared property: This increases the share of the total property to 12.3%

Information on community property

Massive or extensive refurbishments (year): Extensive work in 2011, see specifications

Planned actions: See minutes of the owners' meetings (note: there was no meeting in 2021 due to Corona)

Already decided actions?: Sewer renovation, if necessary electrical renovation; see logs

Rental situation

General information on the renting situation: The apartment is not rented, but owner-occupied.
The owner is moving out.

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

Land tax: € 171.72

Heating cost: € 636.00

Waste disposal : € 188.00

Building insurance: € 151.00

Comment to the cost positions: Taken from house allowance statement 2021. An adjustment is to be expected.

Further information about the object

Renovations done in the building: See service description from 2011.

Other information or specialties: The two facades on the street side and on the courtyard side were redesigned in 2011 with a thermal insulation composite system.

Information on barrier-free access, etc.

Disabled accessible: no

Is there a person lift?: no

Barrier free?: no

Stepless access: no

Final notes

What is the outstanding feature of this property: Wonderful location on a bright floor in the heart of the city

About reason for sale: Age reasons

Appointments for viewings: Individually by arrangement

Covid-19 notes: If you have symptoms, please let them subside first

When can handover be done?: As of 01/01/2023

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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