Flat for sale 3+1 • 68 m² without real estateSchwabenstraße 65, , Bavaria

This well-maintained 3-room apartment is located on the 3rd floor of a residential complex in the Offenhausen district of Neu-Ulm. The building was constructed in the early 1950s and is situated in a well-established residential area with good infrastructure. The apartment itself presents itself in a modernized and well-kept condition and combines a functional layout with a pleasant living atmosphere.

With approximately 68 m² of living space, the apartment offers a well-thought-out layout with three rooms, a dining kitchen, a bathroom, and a hallway. Its three-sided exposure provides bright rooms and a welcoming atmosphere. The apartment is suitable both for owner-occupiers and for investors looking for a solid property in a sought-after area of Neu-Ulm.

In recent years, extensive modernizations have been carried out in the apartment. For example, plastic windows with triple glazing were installed, the electrical system and the bathroom were modernized, new floor coverings were laid, and a gas-fired individual heating system was installed. Additionally, the extra internal insulation of the exterior walls and the ceiling leading to the attic contributes to contemporary living comfort.

The features include, among others, laminate and tiled floors, a modernized bathroom, a kitchenette, and a well-maintained, contemporary interior. The offer is further enhanced by a storage room in the attic and two assigned basement rooms that provide additional storage space. Overall, this is an attractively modernized apartment with good practicality for everyday use and solid substance.

This property is held under a hereditary building lease (Erbbaurecht). This form of ownership often allows for a more attractive purchase price compared to classic full-ownership apartments, thereby presenting interesting perspectives, especially for owner-occupiers and investors. It is noteworthy that the hereditary lease agreement does not include a value preservation clause. Overall, the property offers an interesting opportunity for buyers who value a well-designed and modernized apartment in a sought-after location. The hereditary lessor is the City of Neu-Ulm.

Total duration according to the hereditary lease contract: 99 years, from 03.08.1954

Remaining term of the lease: 27 years

The monthly lease payment amounts to 5.13 euros. The annual lease payment is therefore 61.54 euros.

The apartment is located in Neu-Ulm-Offenhausen, a popular district with a well-established structure and good connectivity. The immediate proximity to Ulm makes the location particularly attractive, combining urban living with short distances to all daily necessities. Together, Neu-Ulm and Ulm form an important economic center in the region with correspondingly good infrastructure and high location quality.

In terms of transportation, the location is very well connected. Neu-Ulm has access to the federal highways B10, B19, B28, and B311 as well as to the motorways A7 and A8. Moreover, there is good integration into the rail network on the Stuttgart–Munich route. This makes the location equally suitable for commuters, owner-occupiers, and investors who want to rely on a continuously popular area.

The residential environment is characterized by multi-storey residential buildings and a well-established urban structure. The close proximity to the city center of Neu-Ulm as well as to the neighboring Ulm downtown further enhances the attractiveness of the location. Overall, the area offers a successful combination of urban accessibility, good infrastructure, and solid quality of living.

• 3-room apartment with approximately 68 m² of living space

• Located on the 3rd floor

• Three-sided exposure

• Plastic windows with triple insulated glazing

• Internal insulation of the exterior walls and the ceiling leading to the attic

• Gas-fired individual heating system

• Modernized electrical system

• Modernized bathroom

• Laminate and tiled floors

• Dining kitchen with kitchenette

• Modern entrance door

• Well-maintained and modernized condition

• Two basement rooms

• Additional storage room in the attic

• Apartment under hereditary lease (City of Neu-Ulm)

Your contact person:

Philipp Fritz

Tel: 01590/6501476

Legal Notice:

Wittig&Fritz Immobilien GmbH & Co KG

Ingeborg-Bachmann-Straße 27, 89134 Blaustein

Phone: (0163) 7343591, (0178) 7147703

E-Mail: eigentum@t-online.de

Register Court: AG Ulm HRA 727927

Authorized Representative: Wittig&Fritz Verwaltungsgesellschaft mbH

Address: Ingeborg-Bachmann-Straße 27, 89134 Blaustein

Register Court: AG Ulm HRB 743473

Managing Directors: Stephan WITTIG, Paul-Dieter FRITZ