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Attractive apartment building with 23 units | built in 2005 | divided into apartments | publicly subsidized

44575 Castrop-Rauxel – Nordrhein-Westfalen
2.999.999 €
1,701.70 m²
Living Area
1,939 m²
Property
Private offer
apartment building or investment property
apartment building

A publicly subsidized apartment building in Castrop-Rauxel, which is in first-class condition, is for sale. Built in 2005, the property offers 23 modern residential units with a total living space of almost 1,700 m² on a spacious plot of approx. 2,000 m². Each apartment has a balcony, ensuring a high level of living comfort. The property is complemented by 23 allocated parking spaces, providing ample parking for all parties.

The building is divided into two entrances, each equipped with an elevator, which ensures barrier-free accessibility. The apartments boast well thought-out layouts and high-quality fittings. Particularly noteworthy are the barrier-free showers in the bathrooms, which meet the demands of modern living.

The complex is heated by an efficient gas central heating system. The energy efficiency class C underlines the economical operation of the property.

The property was originally built with public funding. The subsidies were repaid in full in 2019, meaning that the grace period runs until 2029.

This attractive apartment building combines contemporary construction, comfortable furnishings and a solid infrastructure. An ideal investment in a well-kept and sought-after area of Castrop-Rauxel.

Are you interested in this offer?

Object Number
OM-330082
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
immediately

Purchase price & additional costs

purchase price
2.999.999 €
Purchase additional costs
approx. 228,726 €
Total costs
approx. 3,228,724 €
Price per m²
1,762.94 €

Breakdown of Costs

Purchase price 2.999.999 €
Real estate transfer tax 195,000 € (6.50%)
Notary costs 22,348 € (0.74%)
Land register entry 11,378 € (0.38%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 10,080€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.04%

Details

Condition
well-kept
Year of last modernization
2005
Number of floors
5
Total area
1701.7 m²
Number of parking lots
23
Net rental income (target) p.a.
211104 €
Heating
central heating
Year of construction
2005
Equipment
balcony, basement, elevator, barrier-free

Location

The property is in a quiet yet central location in Castrop-Rauxel. The town offers an excellent infrastructure with a variety of shopping facilities, schools, kindergartens and medical facilities in the immediate vicinity.

Thanks to the good connections to the A2, A42 and A45 freeways as well as public transport, both the surrounding towns in the Ruhr area and larger conurbations can be reached quickly. Green spaces and leisure facilities in the surrounding area ensure a high quality of life and make the location attractive for families as well as singles and senior citizens.

Location Check

Mobilität
Natur
Einkaufen
Medizin

Energy

0 25 50 75 100 125 150 175 200 225 ≥250
Final energy consumption
88.00 kWh/(m²a)
Energy efficiency class
C
Energy certificate type
consumption certificate
Main energy source
gas

Miscellaneous

The apartment building was built with public subsidies, but the funds were already repaid in full in 2019. The rent is currently calculated on the basis of the cost rent, as the grace period runs until 2029. Once this period has expired, it will be possible to raise rents to market level, which offers considerable development potential.

Furthermore, the property is ideally suited for division into condominiums (ETW), which opens up additional options for value appreciation and sale.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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