reference object
City: Hamburg
District: Altona-Altstadt
Year of settlement: 2005

A property with renovation needs and development reserves. The financially strong new buyer was able to The historic building with a relatively generous courtyard area was in need of renovation at the time of sale. In the area of the ground floor and the backyard, the formerly existing commercial structures were still relatively clearly visible. The purchase price of over € 1.200,-/ m² of residential and commercial space paid for the portfolio was relatively high. There were, however, larger structural reserves due to the possibility of an extension. In addition, the property is located within an environment of accelerated positive change. In the meantime the redesign has been realised.

Residential building commercial use Altona

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