A classic four-story Altbau residential building, privately owned for approximately 40 years, with common areas in very good condition.
The partnership offers investors an opportunity to invest in an existing subdivided residential building in a sought-after location, suitable for a short- to mid-term investment horizon.
The building comprises 13 residential apartments with a total area of 982 sqm.
It is in good technical condition, features a high energy efficiency rating, and is located in an excellent and highly desirable area.
Altbau buildings benefit from strong demand for both rental and purchase, as well as additional expansion potential.
An additional advantage of Altbau properties is that the apartments are subject to regulatory frameworks, a factor that can allow for further value-enhancement potential.
