3.5-room apartment (approx. 81 m²) located on the 6th floor - subject to a ground lease.

3.5-room apartment + balcony + cellar + bicycle storage. Professionally managed by GAG. The exterior grounds are well-maintained with green areas and an integrated children's playground. There are two spacious parking areas on the property, each with its own gate system and two remote controls. In 2024, the elevator system was completely renovated by the company Haushahn, and the two gate systems for the parking areas were newly installed. In addition, the roof was completely renovated a few years ago. The monthly service charges currently total €495. This includes €235 for the regular service charges and €260 for the monthly contribution to the maintenance reserve. The buyer will take over the existing maintenance reserve, which currently amounts to approximately €12,000. This amount will continue to grow with further contributions and will be available for upcoming renovations.

Electricity and cold water are metered separately. The service charges include numerous services, including: heating and hot water, building cleaning, maintenance of the elevator system, upkeep of the green areas and outdoor spaces, general electricity, waste disposal fees, maintenance of the ventilation system, maintenance and testing of smoke detectors in the apartment, building insurance, household liability insurance, etc.

Important information about the leasehold:
You acquire ownership of the apartment, while the land remains the property of the leasehold owner (the city of Ludwigshafen). An annual leasehold fee is paid for the use of the land. Currently, this is approximately €710 per year. The leasehold agreement is valid until 2069 (43 years remaining).

!!Important!! Financing: According to the regulations of the city of Ludwigshafen, any mortgage or land charge is limited to a maximum of 70% of the market value. Please note that you will need at least 30% equity plus all associated purchase costs to complete the purchase.

Leasehold fee: The existing leasehold agreement will be transferred. Depending on the agreement between your financing bank and the city, the leasehold fee may be adjusted upon a change of ownership.