Can I afford this property? We’d be happy to advise you!
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1) Detailed figures and key data can be found at the very bottom of the text
2) Apartment €199,000 + parking space €20,000 = €219,000 total purchase price
3) Leasehold with a monthly ground rent of €229.47
4) Monthly maintenance fee: €281
The apartment buildings (139 units), built directly on the Rhine, are characterized by the use of high-quality building materials; the complex makes a very well-maintained impression both in terms of appearance and structural integrity.
The uniquely laid-out apartment captivates with its brightness and open feel. From the small entryway, you walk straight into the spacious living room; immediately to the right is the open-concept kitchen, and connected to the living area is the glass-enclosed sunroom with a view of the Rhine. Also in the entryway, there is a guest restroom on the right and a storage closet on the left. The staircase leads to the loft, which is open to the living area and is used here as a bedroom, featuring an adjoining bathroom with a bathtub and a small walk-in closet. The apartment includes an upper duplex parking space in the underground garage (plus €20,000, as it is a separate land registry entry!)
The building has NO passenger elevator.
Property ID
BEN25.4.2.42.185#5l9b4r
Object type
penthouse apartment
Location
Düsseldorf
Year of manufacture
1995
Condition
well-maintained
For Rent
Yes
floor
4
Room
2
Bedroom
1
Bathroom
2
Living space
approx. 65,80 m²
Purchase price
199.000 €
Outside commission
6.570 € = 3 % vom Kaufpreis zzgl. 19 % MwSt.
Energy Performance Certificate Type
Energy Use Certificate
Energy efficiency class
A
Major energy source
Gas
Final energy consumption
47.85 kWh / (m²*a)
Final energy consumption
Please take a moment to fill out the form. This will help us better understand your individual situation and provide you with tailored advice.
+ Conservatory with a view of the Rhine, fully glazed
+ Open loft
+ Walk-in closet upstairs
+ Storage room downstairs
+ Hardwood floors in the living area
+ Laminate flooring in the bedroom area
+ White bathroom with bathtub and space for a washing machine upstairs
+ White guest bathroom downstairs
+ Custom floor plan
+ Double-glazed windows
+ Modern, radio-controlled heating and hot water usage monitoring
+ Duplex underground parking space upstairs (additional €20,000, as it is a separate property title!)
+ Tenant basement storage
+ Bicycle storage room
- No elevator in the building
IMPORTANT: Here you are purchasing an ideal investment in leasehold property (you are purchasing only the apartment, not the land; for the land, you pay a monthly rent, known as the ground rent = €229.47/month, in addition to the monthly maintenance fee of €281). This apartment is only suitable to a limited extent for owner-occupiers, as they would have to give notice of termination for personal use after purchase and cannot claim the ground rent as a tax deduction, unlike the investor, who may offset it against their income.
Tenant move-in: February 1, 2024 (young man)
Base rent €761 (apartment €696 and parking space €65)
Utilities €254
Total rent €1,015/month
- Building maintenance fees approx. €281 (apartment €263 and parking space €18)
- Ground rent approx. €229.47
= Potential income approx. €504.53/month
= Potential annual income approx. €6,054.36
Co-ownership share 85.16/10,000
Homeowners’ association with 139 apartments/9 building entrances
Note: All data is provided by the owner and property manager; we assume no liability for its accuracy. Disclosure to third parties requires payment of the full brokerage fee.
We’d be happy to discuss your specific wishes and requirements for your new home. Feel free to contact us to schedule a no-obligation introductory meeting.