Eigentumswohnung in Hamburg-Rotherbaum

Small condominium unit in the basement of a listed town villa from 1875 in Hamburg-Rotherbaum, preferred central location approx. 400 metres west of the Außenalster. The five-storey building with flat roof comprises a total of 7 residential units, unit no. 1 is accessible via a separate external entrance from the northern boundary of the plot and has 2 rooms, kitchen, bathroom and hallway on approximately 32.5 m² of living space.

The interior fittings partly date from the core refurbishment of 2006 and show signs of use with partial moisture discolouration on the parquet and mould on the window sealant, missing sealing strips in the basement corridor and efflorescence on the exterior walls indicate moisture issues typical of the building's age and basement location. The heating system (oil central heating, year of construction 2005) and electrical installation were renewed in 2006. As a significant particularity: the appraised property lacks a property management company and there is no maintenance reserve (Erhaltungsrücklage), which leads to special levies for future joint costs.

Wording of the local court, taken from the official auction notice.