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Westend-South: Property requiring renovation, 2 rooms. Value versus renovation costs.

Beethovenstraße 64, 60318 Frankfurt am Main (Westend) – Hessen
422.069 €
2
Room
56.67 m²
Living Area
Private offer
Apartment
Ground floor apartment

Apartment in one of Frankfurt's most desirable locations. The apartment has not been renovated since the previous tenants moved out. The buyer has the opportunity to customize it – choosing materials, colors, and finishes to their own preferences. The purchase price is based on the average of current listings in the Westend-Süd area for a high-quality renovated apartment, minus a conservatively estimated amount for the renovation costs.

56.67 m² of living space, 2 rooms, located on a high floor in a five-story building (built in 1955). Large living room, approximately 25 m². East-facing loggia, accessible from the bedroom and kitchen, with a view of a green courtyard. Includes a cellar, access to a shared laundry room, and a bicycle storage space in the courtyard.

Are you interested in this apartment?

Object Number
OM-444839
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
422.069 €
Purchase additional costs
approx. 31,058 €
Total costs
approx. 453,126 €
HOA fee
390 €

Breakdown of Costs

Purchase price 422.069 €
Real estate transfer tax 25,324 € (6.00%)
Notary costs 3,796 € (0.90%)
Land register entry 1,938 € (0.46%)
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

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Estimated monthly rate: 1,629€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.79%

Details

Condition
In need of renovation
Number of floors
1
Level
Ground floor
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Tiles
Heating
Central heating
Year of construction
1955
Equipment
Balcony, Basement, Full bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Renovation needs:

Wallpaper, flooring (approximately 45 square meters), painting, electrical upgrades, electric roller shutter motors, four radiators, kitchen. Cost estimates per trade (net: €28,600–€40,900) are included in the appendix.

Already renovated: Boiler (2023), fiber optic connection (2024), kitchen tiles (2024).

Location

Frankfurt Westend-South, Beethovenstraße 64 – one of the most desirable residential addresses in the city, situated in a quiet location yet with excellent transport links.

The Westend (U6/U7) subway station is approximately a 4-minute walk away, with just one stop to the Alte Oper (Old Opera House). The Alte Oper itself is about a 10-minute walk. The Palmengarten, with its 29 hectares of green space, is reachable in about 8 minutes. The KfW (German development bank) headquarters, located on Palmengartenstraße, is on the same route.

Schools in the immediate vicinity include: a branch of the Goethe-Gymnasium (secondary school) located on Beethovenstraße itself (No. 8), and the main Goethe-Gymnasium building, a 3-minute walk away at Friedrich-Ebert-Anlage 22. The Bettinaschule (secondary school), located on Feuerbachstraße, is approximately a 7-minute walk. The Westend-Schule (primary school), located on Lindenstraße 2, serves as the local primary school and is about a 5-minute walk away.

Cafés, shops, and restaurants for daily needs are all located in the immediate vicinity. The Freßgasse and the center of Frankfurt can be reached in just a few minutes by subway.

Location Check

Eating Out
150m
Public Transport
100m
Shopping
100m
Culture
250m
Sports
200m
Nightlife
150m
Health
50m
Child Friendliness
200m
Nature
150m

Energy

Energy efficiency class
F
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
178.70 kWh/(m²a)

PDF

Miscellaneous

Regarding pricing: Comparable, renovated apartments in the Westend-Süd neighborhood are currently being offered for €8,500–€9,000 per square meter (asking prices, various sources, Q1/2026). For this apartment, that translates to a reference value of approximately €480,000–€510,000. In practice, actual transaction prices are typically 5–8% lower. The asking price is calculated as follows: €8,750 * 56.67 * 0.95 - €49,000 = €422,069. This fully accounts for the estimated renovation costs (approximately €49,000 at the upper end) and already falls within the range of realistic transaction levels.

Property transfer tax, notary fees, and land registry costs are calculated based on the lower purchase price.

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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