| Type | Block of flats |
|---|---|
| Living area approx. | 849 m² |
| Bedrooms | 20 |
| Rooms | 34 |
|---|---|
| Bathrooms | 15 |
| Plot area | 500 m² |
|---|---|
| Usable floor area | 849 m² |
| Purchase price | 358.500 € |
|---|---|
| Price per m² | 422.48 €/m² |
| Commission | 5,95% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsAs the last residential building at the highest point of Gießerstraße, this investment property, comprehensively renovated as early as 1995, presents itself with necessary development and/or renovation work required. It is therefore necessary to terminate the tenancy agreements or divide the riser renovation into two stages. Corresponding concepts have already been developed for some time by engineers and the local property management, but could only be implemented with difficulty due to existing condominium owners’ association regulations.
With the acquisition of ALL co-ownership shares in this property, a future investor will have every opportunity to make structural changes. Whether riser renovation alone, alterations to the floor plans, or the subsequent addition of balconies. Nothing stands in the way of the potential for future rentals or the resale of individual or all residential units.
The respective residential units already predominantly have bathrooms with natural daylight; the hallways and kitchens are largely open-plan, allowing plenty of light to enter the living spaces thanks to the south-facing orientation.
The building has a total of approximately 848.56 m² of living space, distributed over five floors (including the already converted attic floor), and offers 34 rooms, including 20 bedrooms and 15 bathrooms. The residential building is fully serviced (district heating available) and has a basement, which provides additional storage space for the tenants. The property also includes a garden for shared use.
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