**RENOVATED BALCONY APARTMENT WITH FITTED KITCHEN IN BRAUNSCHWEIG-WESTSTADT**

Key facts

Purchase price & costs

About this apartment

This well-maintained condominium is located on the second floor of a multi-family building constructed in 1965 and continuously maintained since then. The property has been reliably rented since 2022 and, thanks to its functional and well-designed layout, is ideally suited as a solid investment. The clear separation of the individual living areas ensures efficient use of space and offers a high quality of living in the long term, in a quiet yet exceptionally well-connected residential location.

MODERNIZATION AND FEATURES
The building underwent extensive renovation in 2003. As part of this, the interior bathroom was comprehensively modernized and equipped with a shower, wall-hung toilet, towel radiator and an electric ventilation system. The living rooms all feature easy-care laminate flooring, while the functional areas—hallway, kitchen and bathroom—are fitted with light floor tiles. A functional fitted kitchen including an integrated washing machine underscores the apartment’s immediate usability and well-maintained condition.

LIVING AREA, KITCHEN AND OUTDOOR SPACE
The center of the apartment is the spacious living room, measuring more than 18 square meters, which receives excellent natural light through a wide window front and offers sufficient space for an integrated dining area. The living room provides direct access to the south-facing balcony of just under 10 square meters, which is equipped with a protective awning. The separate kitchen also has access to the dining area and additionally contains a practical storage room. The central hallway also leads to the approximately 14-square-meter master bedroom and another room measuring approximately 9 square meters, which can be used flexibly as a child’s room or home office to separate living and working areas.

USABLE AREAS AND COMMON PROPERTY
The condominium includes its own brick-built basement room with a usable area of approximately 12 square meters, providing additional storage space. Parking spaces or garages are not directly allocated on the property. The common property includes well-maintained green areas and the commonly used areas of the residential building. Professional stairwell cleaning, winter services and maintenance of the outdoor areas are carried out by external service providers carried out, the costs of which are already covered by the ongoing operating costs.

FINANCIAL DATA
The monthly service charge for the apartment, including the allocation to the maintenance reserve, will amount to a total of 248.00 euros as of 01/01/2027. Of this, approximately 132.00 euros are attributable to non-apportionable costs (including the monthly reserve allocation). The items for stairwell cleaning, maintenance of the green areas, and winter services are included in the service charge.
The owners’ association’s maintenance reserve is regularly increased, with the total annual contribution for the property amounting to 55,000.00 euros from 2027 onward. The monthly share allocated to the reserve for this residential unit is 84.00 euros. In December 2025, the community’s asset statement showed accumulated maintenance reserves totaling more than 153,000.00 euros.

CONCLUSION:
The well-conceived three-room layout, combined with the sound level of modernization of the building and building services, guarantees uncomplicated long-term management without any renovation backlog ahead. This property offers investors a stable foundation with ongoing rental income in a sought-after, green location in Braunschweig.

Location