Flat for sale 1 bedroom • 28 m² without real estateFriedenstraße 23 Hamburg Eilbek Hamburg 22085

Moving in and feeling at home – without the hassle of renovations!

This fully modernized and tastefully furnished city apartment combines high-quality features with an exceptional view stretching from Jacobipark to the Hamburg harbor.

Located on the 7th floor of a well-maintained multi-family house, the apartment offers around 28 m² of intelligently designed living space with a separate kitchen, a modern bathroom, and a balcony boasting an impressive panoramic view.

Whether as your first home, a stylish second residence, or an attractive investment, the apartment is available for immediate occupancy and can be used without any further renovation work.

Especially attractive: The apartment has not been occupied since the completion of its comprehensive modernization. This means the buyer would be the first resident after the renovation.

Features – high-end and fully modernized

• High-quality oak laminate flooring

• Modern bathroom with a walk-in shower

• New fitted kitchen with appliances

• Renewed electrical system

• New windows with triple glazing

• New radiators

• Tasteful furnishings

• Balcony with an unobstructed view over Jacobipark

• Large passenger elevator

• Private storage room in the attic

• Shared laundry room and drying rooms

• Well-maintained communal property

The communal property has also been continuously maintained and modernized over the years.

Balconies, facade, and flat roof: renovated in 2002/2003

Elevator system: renewed in 2003

Staircase: completely renovated and repainted in 2026

The residential complex benefits from a professional property management company and a solid maintenance reserve.

Optional: Purchase for €219,000, including the seller assuming the usual ancillary purchase costs.

Further information on the purchase price options can be found in the note on the features.

Location – central living with a view of greenery

Friedenstraße 23 is located in an attractive residential area of Hamburg-Eilbek, right next to Jacobipark.

The combination of a quiet residential location, excellent infrastructure, and quick access to Hamburg's city center makes the location particularly interesting.

Transport connections

• S-Bahn S1 and regional train: approx. 350 m

• U-Bahn U1 Wandsbek Markt: approx. 600 m

• Hamburg Central Station reachable within minutes

Shopping and leisure

• Wandsbek Quarree within a few minutes’ walk

• Supermarkets, bakeries, and cafés in the immediate vicinity

• Jacobipark right at the doorstep

• A variety of restaurants and leisure options

Purchase price and individual purchase options

Purchase price of the apartment: €199,500

The high-quality furnishings including the fitted kitchen can be acquired for an additional €5,500 if desired.

Alternatively, we offer a purchase price option that includes ancillary purchase costs:

For a total purchase price of €219,500 (including furnishings), the seller will cover the real estate transfer tax as well as the usual notary and land registry fees.

This offers buyers an attractive opportunity to avoid additional ancillary purchase costs.

The sale is commission-free directly from the owner.

Also attractive for investors

Due to its central location, compact living area, and modernized condition, the apartment offers good prospects for long-term rental viability.

Economic Data

• Monthly service charge: €169

• Allocable management costs for 2025: €671.65 per annum

• Non-allocable costs: €467.70 per annum

• Heating costs: €388.34 per annum

• Annual contribution to the maintenance reserve: €316 per annum

• Owners’ Association Maintenance Reserve as of December 31, 2025: €451,881

• Proportional reserve for the apartment: €3,569.86

For investors, the possibility of examining a shortened actual remaining useful life according to § 7 Abs. 4 Satz 2 EStG may also be of interest. Tax approval requires appropriate proof and depends on the specific case.