GS15

The property is located in a beautiful and very popular residential area within the city center of Erfurt.

It is characterized by a unique green and largely undeveloped inner courtyard. Both the old town in the west and the motorway in the east can be reached quickly.

The apartment building with building permit includes 4 spacious apartments from 121 to 137 m² of living space, which are suitable for personal use, rental and as an office/practice. There is also an underground car park with 4 parking spaces.

In addition, the newly approved degressive AfA can take effect here. This means that 5% of the investment costs can be claimed for tax purposes in the first year. In each of the following 5 years, 5% of the residual value can be written off for tax purposes!*

The property is offered with a building permit and the following services already provided:

- plot with 571 m² plot size

- planning permission with 516.4 m² of living space

- 4 apartments + 4 underground parking spaces

- modern architecture

- ground survey

- GEG proof

- tree felling including tree felling notice

- surveying services

- ground survey

- GEG proof

- HLS planning for execution including specifications

- structural planning, work phases 1 to 4

- building planning, work phases 1 to 5

- building permit fees

- replacement car parking space

The building permit is available. The planning is from the pen of recognized professors and architects.

*Subject to the Federal Council’s approval of the Growth Opportunities Act.

The property is located in a beautiful and very popular residential area within the city center of Erfurt. It is characterized by a unique green and largely undeveloped inner courtyard. Both the old town in the west and the motorway in the east can be reached quickly.

Located opposite the old town, the district with its timelessly beautiful Wilhelminian styled streets is reminiscent of the Prenzlauer Berg in Berlin and has developed into a popular residential area for young people and families in recent years thanks to extensive modernization measures.

Schools and day-care centers also provide care here. In addition to a district library, there is also the Erfurt University of Applied Sciences on the Hanseplatz. The historic old town, the Anger shopping street, cinemas, theaters and the city's main train station can be reached in a few minutes by bus and train.

With around 215,500 inhabitants, the state capital Erfurt is the largest city in Thuringia and at the same time the economic center in the “green heart” of Germany. Together with Dresden, Leipzig and Potsdam, the city is one of the fastest growing cities in the eastern federal states. Due to Erfurt focusing on education - and thus on the future. Various research institutions have settled around the university and technical college, including the Fraunhofer Institute and the research and industrial center Erfurt-Southeast. Young people in particular will find an attractive mix of professional perspectives and quality of life here. Due to Erfurt being a colorful, cosmopolitan city which offers a lot of culture.

Erfurt is in the middle of Germany. Halfway between Berlin and Frankfurt am Main, the city is easily accessible from everywhere - whether via the long-distance train station, Erfurt-Weimar Airport or the A4 and A71 motorways. Since the opening of the ICE line from Berlin to Munich, Erfurt has been one of the most important railway hubs. Numerous companies have settled here and complement established sectors such as vehicle construction or mechanical and plant engineering. In addition, the city is increasingly focusing on innovative future technologies such as microsystems technology, photovoltaics and logistics.

The new building project "GS15" offers you an attractive opportunity to build modern and attractive apartments in a well-kept environment. The project stands out from the surrounding buildings due to the individual design with large windows. Due to the open cut, there are no limits to the creative design of future users.

The historic Krämpfervorstadt is very popular in Erfurt and in demand with a large number of residents. Both the restored Wilhelminian styled houses and currently several new construction projects characterize the suburb and attract more and more citizens. The urban development project ICE-City Ost with its many new construction and renovation projects make the location more attractive than ever.

The inner-city location, the good transport connections and the attractive apartment layout make the "GS-15" project a perfect addition to the popular Krämpfervorstadt. The special apartment mix of two duplex apartments and two flats on the edge of the center is just right for young families in particular!

There are also countless supermarkets and shops in the area, and all other everyday necessities can be reached on foot in a few minutes.

Especially today, this new building project with four residential units offers great opportunities to create new living in a popular location in order to meet the housing needs in Erfurt.

Don't hesitate too long!

Facts about Erfurt:

- continuous population growth with a tight real estate market in the region

- vacancy rate below 2.4% (as of 2021)

- 61% less vacancies in Erfurt than in Germany

- rents in Erfurt are well above Thuringia's average

- 65% increase in rental prices in Erfurt

- 12% forecast, cumulative, inflation-adjusted price growth in Erfurt

- economically strong state capital with over 14,000 companies

- low unemployment rate and rising wages

- multiple award-winning public transport

- interface of the regiopole region along the Thuringian chain of cities

- fast and comfortable accessibility from Leipzig, Berlin, Frankfurt and Munich