Immobilien Sollmann+Zagel GmbH reports the successful conclusion of a transaction in Nuremberg-St. Johannis. An apartment building with a total of nine residential units in Krugstraße was brokered to a family office from Ingolstadt. The seller was a private individual from Nuremberg. Confidentiality was agreed upon regarding the exact purchase price and further contract details. Jan Zagel was responsible for the negotiations and the brokerage process, noting high demand for the property.
The property is located on a 320 square metre plot in the central west of Nuremberg, not far from the Pegnitz floodplains. The location in the St. Johannis district is considered sought-after and is characterised by a well-established infrastructure and proximity to recreational areas. The immediate surroundings are dominated by similar residential buildings, which underscores the attractiveness of the location for residential purposes.
Property features and renovation status
Built in 1933, the building comprises a lettable area of approximately 425 square metres. The nine residential units vary in size between 37 and 76 square metres, thus offering a well-thought-out mix for diverse tenant needs. A key feature of the property is its condition: the house was almost completely core-renovated a few years ago. This is evident in the contemporary fittings and the well-maintained overall impression of the property.
The renovation work carried out included a variety of modernisation measures that significantly increased the value and living quality of the property. The features include balconies in all upper-floor apartments, which offer residents additional outdoor space. A well-maintained backyard with communal garden areas contributes to its appeal and creates a pleasant living atmosphere. In addition, a spacious bicycle shed is available, which further enhances comfort for residents and promotes the use of environmentally friendly transport.
- —Plot area: 320 square metres
- —Lettable area: approx. 425 square metres
- —Residential units: 9 (between 37 and 76 square metres)
- —Renovation status: Core-renovated a few years ago
Jan Zagel of Immobilien Sollmann+Zagel noted that demand for the property was exceptionally high. This led to the achieved sales price exceeding the original asking price by almost ten percent. The successful sale highlights the continued attractiveness of high-quality residential properties in preferred locations within the Nuremberg market.
