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Two beautiful and centrally located apartments for sale, directly on the Medem river.

Medemstraße, 21762 Otterndorf – Niedersachsen
370.000 €
3
Room
95 m²
Living Area
Private offer
Apartment
Attic apartment

For sale are two beautiful apartments located in the historic and completely renovated Medemspeicher building, in the heart of Otterndorf. These two identical apartments are situated directly above each other on the 1st and 2nd floors of the left staircase. The apartments are located directly on the Medem river and offer a romantic view of the old town, the water, and the Otterndorf church tower. The historic grain storage building of the Mühlenvirtel was built in 1902, expanded in 1928, and completely renovated in 2006 by the architectural firm Simon & Partner. During the renovation, the character of the building was preserved, its integration into the cityscape was considered, and the apartments were equipped with modern and comfortable features. Here's an overview of the apartments:

Apartment on the 1st floor:
The approximately 95 m² (1022 sq ft) 3-room apartment features a spacious and well-designed layout. All rooms are without sloping ceilings, offering optimal furnishing possibilities. Details:
* Approximately 95 m² (1022 sq ft) of living space
* 3 bright rooms (two bedrooms and an open-plan kitchen with dining and living area)
* 1. Upper Floor
No sloping ceilings
Built-in kitchen
Flooring: Tiles
Large balcony (8m2) with a view of the Medem and the Old Town
Storage room
Private cellar
Shared laundry room
Bike shed
Gas heating
Stairwell
Energy efficiency class: B (low heating costs)
Current monthly rent: €825 (8.68€ per m2)
Annual net rent: €9,900
Purchase price: €370,000 (negotiable)

Apartment on the 2nd floor:
The approximately 95 m2 apartment on the 2nd floor also features three spacious rooms without sloping ceilings and is very similar to the apartment below. Details:
Approximately 95 m2 of living space
3 bright rooms (two bedrooms and an open-plan kitchen with dining and living area)
2nd floor (attic)
No sloping ceilings
Built-in kitchen
Flooring: Tiles
Large balcony with a view of the Medem and the Old Town
Storage room
Private cellar
Shared laundry room
Bike shed
Central gas heating
No elevator
Includes a parking space
Energy efficiency class: B-C (low heating costs)
Monthly rent: €840 (8.84€ per m2)
Annual net rent: €10,080
Purchase price: €370,000 (negotiable)

Are you interested in this apartment?

Object Number
OM-494737
Object Class
Apartment
Object Type
Attic apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
370.000 €
Purchase additional costs
approx. 23,617 €
Total costs
approx. 393,617 €
HOA fee
350 €

Breakdown of Costs

Purchase price 370.000 €
Real estate transfer tax 18,500 € (5.00%)
Notary costs 3,380 € (0.91%)
Land register entry 1,738 € (0.47%)
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: 1,519€

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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 4.16%

Details

Condition
Well-kept
Number of floors
2
Level
2nd floor
Usable area
105 m²
Bathrooms (number)
1
Bedrooms (number)
3
Number of parking lots
1
Flooring
Tiles
Heating
Central heating
Year of construction
1902
Equipment
Balcony, Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

During the comprehensive renovation, particular care was taken to preserve the original character and unique charm of the historic building. At the same time, the building was modernized and made comfortable for residential use, and harmoniously integrated into the existing urban landscape.

Special attention was also paid to the energy efficiency and living comfort during the renovation. The architect placed great emphasis on a very high standard of insulation, which is reflected in the low heating costs. The quality of the soundproofing was also a priority: the windows were designed to minimize the intrusion of external noise into the apartments.

Location

Otterndorf, a charming small town on the North Sea coast of Lower Saxony, combines a maritime atmosphere with a high quality of life and an excellent location. Situated between the Elbe River and the North Sea, this state-recognized seaside resort offers an attractive mix of relaxation, nature, leisure activities, and a well-developed infrastructure. The historic old town, with its lovingly restored half-timbered houses, small shops, cafes, and restaurants, invites you to stroll and linger. At the same time, the proximity to the North Sea, the Elbe River, and the vast landscapes of the Cuxland region provide a wide range of leisure opportunities. Walks and bike rides along the coast, water sports, swimming, or relaxing days on the green beach make Otterndorf a popular destination for those seeking relaxation. The town also offers an attractive environment for families. Kindergartens, schools, shops, doctors, and other essential amenities are located nearby and easily accessible on foot. The good transport links also make it easy to reach the surrounding towns and regions. The train station is within a two-minute walk! Due to its tourist significance and high demand for vacation homes and second homes, Otterndorf is not only a popular holiday destination but also an attractive location for real estate. The combination of its coastal location, recreational opportunities, infrastructure, and historical townscape makes it appealing to both owner-occupiers and investors. Otterndorf represents the North German lifestyle, a maritime atmosphere, and relaxation – a location with a unique charm and a wide range of possibilities.

Location Check

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

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
73.20 kWh/(m²a)

PDF

Miscellaneous

Key Features at a Glance:
Historic grain mill, built in 1902, expanded in 1928, and renovated in 2006.
Renovation carried out by the architectural firm Simon & Partner.
Particular attention was paid to achieving a very high standard of insulation.
Emphasis was placed on good soundproofing and quiet windows during the renovation.
Attractive location directly on the Medem river and in a central area.
Romantic views of the water and the old town.
View of the Otterndorf church tower.
Two nearly identical 3-room apartments.
Each apartment offers approximately 95 square meters of living space.
Spacious balconies (8 square meters).
No sloping ceilings.
Built-in kitchens.
Storage rooms.
Private cellar rooms.
Shared drying room.
Bike shed.
Central heating system (gas).
Central location in the heart of Otterndorf.
The town center is within walking distance.
Both apartments are currently rented out.
Purchase of individual apartments is possible.
Conclusion:
Historic­ ambiance, modern living comfort, and an exceptional location directly on the Medem – this combination makes these two apartments a special offering in Otterndorf. The historic Medem warehouse offers a unique living environment, with an exceptionally beautiful view of the water, the old town, and the church tower. What makes this property unique is the combination of tranquility close to nature and a central location. Just outside your doorstep, the river "Medem" and the nearby city park invite you to take a stroll. At the same time, you can reach the center of Otterndorf with its diverse shopping opportunities, doctor's offices, museums, cafes, and restaurants in just a short time. This special combination of waterfront living, abundant nature, and proximity to the historic city center makes the location truly special. At the same time, the thoughtful renovation ensures a high standard of living. The excellent insulation and the windows, designed to minimize noise, contribute to the fact that the central location can be combined with a pleasant and comfortable living experience. Heating costs are very low. Those looking for a special property in an attractive North Sea town and who value character, location, living quality, and long-term prospects will find two interesting options here. Both apartments are offered for sale separately. Purchase price per apartment: €370,000 (negotiable). Viewings are possible by prior appointment.

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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Offer from: Lena Katharina Simon