Flat for sale 2 bedroom • 27 m² without real estateSüdstraße 27, , North Rhine-Westphalia

Historical Rough Diamond with Character

Rented Period Apartment in a Listed Founder-Era Building

Listed Property with Special Depreciation!

2-Room Apartment with Balcony and Basement Room

Approximately 30 m² · About 2.80 m High Ceilings · Stucco · Hardwood Floors · Balcony · Basement – Great Location, Rented

Südstraße 27 · 52064 Aachen · Near the City Center

Property Description

This rented condominium is located in a representative, very well-maintained, and listed period building at Südstraße 27, in a prime area of Aachen’s Südstadt. The historical stucco, the roughly 2.80 m high ceilings, real hardwood floors, and the existing balcony give the apartment an unmistakable old-world charm and added living value.

The current condition offers significant redesign potential.

With a bit of craftsmanship, this rough diamond can be transformed into a stylish gem.

The combination of historical building fabric, compact living space, and proximity to the city center is particularly appealing for long-term investors or owner-occupiers.

Special Features

◆ Listed, stylish founder-era building

◆ Approximately 2.80 m high ceilings with stucco

◆ Hardwood Floors

◆ Balcony

◆ Basement

◆ Currently Rented

◆ In Need of Renovation with Great Potential

◆ Very Good Location – Approx. 1.1 km as the Crow Flies to the City Center

Location

The apartment is located at Südstraße 27, 52064 Aachen, in the attractive urban setting of Aachen’s Südstadt. The green ambiance of the Südstadt with numerous cafés is right next door.

The city center is about 1.1 km as the crow flies. Shopping opportunities, restaurants, and daily necessities are available in the immediate vicinity.

PROPERTY TYPE

Condominium in a Listed Building

LIVING AREA

Approximately 30 m²

STATUS

Currently Rented

CEILING HEIGHT

Approximately 2.80 m

AMENITIES

Stucco ceilings, hardwood floors, balcony, basement room

CONDITION

In Need of Renovation

LOCATION

Südstraße 27, 52064 Aachen

CITY CENTER

Approximately 1.1 km (as the crow flies) to the city center

For Investors

The current tenancy allows for an immediate entry into a long-term capital investment.

In Need of Renovation

Due to the building’s listed status (Denkmal AfA), the windows, although functional, should ideally be replaced. For all installations, there is a special depreciation for listed properties.

For a rented listed property, the special depreciation (Denkmal-AfA) under § 7i EStG is:

• 9% per year for 8 years

• followed by 7% per year for 4 years

In total, 100% of the recognized renovation and modernization costs related to the heritage status can be depreciated over twelve years.

The measures must be coordinated with the responsible heritage authority before commencing and then officially certified.

In the case of owner occupancy:

10 years at 9% per year, i.e. a maximum total of 90% as special expenses according to § 10f EStG.

Location

The apartment is excellently situated right in the heart of urban life at the green Südstraße 27, 52064 Aachen, in the attractive urban environment of Aachen’s Südstadt, in a quiet spot amidst various cafés and with short distances to the city center.

The city center is approximately 1.1 km as the crow flies. Shopping, dining, numerous cafés, doctors, schools, pharmacies, supermarkets, and everyday necessities are all in the immediate vicinity.

It is 1.1 km to Aachen Cathedral and the beautiful city center.

Special Features

◆ Beautiful listed founder-era building

◆ Approximately 2.80 m high ceilings with stucco

◆ Hardwood floors

◆ Balcony

◆ Basement

Listed property with special depreciation.