Available apartment in Bahrenfeld, with elevator and a large southwest-facing balcony.

The homeowners' association has decided to further increase the value of this attractive residential complex in the coming years through modernization measures, including energy-efficient renovations, taking advantage of available government subsidies. These measures include, for example, energy-efficient roof renovations with high-quality insulation, followed by the installation of a photovoltaic system, windows with triple glazing, re-coating of balcony floors and railings, facade cleaning and repainting in modern, coordinated colors that complement the new roof (an effective thermal insulation composite system already exists). To finance these improvements, in addition to using existing reserves, a special levy will be collected. For the apartment being sold, this levy amounts to €26,826, which the buyer is responsible for paying. This has been taken into account when determining the purchase price. In addition to the aforementioned modernization projects, subsidies are available for the apartment being sold, which are estimated to be €3,922 and will largely be paid to the buyer of the apartment. The remaining amount will increase the maintenance reserve. If the substantial 20% buffer for unforeseen expenses is not needed, an additional €4,445 will be available for the apartment, which can either be paid to the buyer or deposited into the maintenance reserve. Furthermore, the contribution to the maintenance reserve included in the monthly service charges will be reduced from 2027 onwards by €263 per year, and from 2028 onwards by €526 per year, compared to the current level.