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The Property
1) Detailed figures and key data can be found at the very bottom of the text
2) Apartment: €199,000 + parking space: €20,000 = total purchase price of €219,000
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 its appearance and structural integrity.
This 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 adjoining the living area is the glass-enclosed sunroom with a view of the Rhine. Also in the entryway, on the right is a guest restroom and on the left is a storage closet. A staircase leads up to the loft, which is open to the living area and is used here as a bedroom, with an adjoining bathroom featuring 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 listed separately in the land registry!)
The building has NO passenger elevator.
Objektdaten
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Property Number
BEN25.4.2.42.185#5l9b4r
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Object Type
Attic apartment
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Location
Düsseldorf
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Year of manufacture
1995
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Condition
well-maintained
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For Rent
Yes
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Floor
4
Zimmer
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Rooms
2
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Bedroom
1
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Bathroom
2
Flächen
-
Living space
approx. 65,80 m²
Preise
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Purchase Price
199.000 €
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External commission
6.570 € = 3 % vom Kaufpreis zzgl. 19 % MwSt.
Energieausweis
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Energy Performance Certificate Type
Energy Consumption Certificate
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Energy Efficiency Class
A
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Major Energy Source
Gas
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Final Energy Consumption
47.85 kWh / (m²*a)
A+
A
B
C
D
E
F
G
H
0
25
50
75
100
125
150
175
200
225
>250
Final Energy Consumption
47.85 kWh / (m²*a)
Features
+ 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 a bathtub and space for a washing machine upstairs
+ White guest restroom downstairs
+ Custom floor plan
+ Double-pane windows
+ Modern, radio-controlled heating and hot water usage monitoring
+ Duplex underground parking space on the upper level (additional €20,000, as it is listed separately in the land registry!)
+ Tenant basement storage unit
+ Basement bike storage
- No elevator in the building
Other Information
IMPORTANT: Here, you are purchasing an excellent 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, of €229.47 per 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 an investor, who may offset it against their income.
Tenant moved in on February 1, 2024 (young man)
Base rent: €761 (apartment: €696; 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 return approx. 504.53 €/month
= Potential annual return: 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.
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St. Nicholas Ullstein
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