MalzQuartier Erfurt

Fantastic condominiums with special depreciation behind a historical facade

• top location on the edge oft he oldtown
• apartment mix with 130 apartments from 52 m2 to 134 m2 living area.
• 57 underground parking spaces
• parking spaces for bicycles in the outdoor area
• attractive open space
• elevator
• partly terraces or balconies
• wooden or metal insulating glass with stainless steel handles
• tiles and parquet
• fitted kitchen with a refrigerator, electric stove, oven, ceramic hob and convection hood
• sanitary objects and fittings from brand manufactures
• special depreciation according to §§ 7h/i and 10f EStG
• depreciable up to 77% from the purchase price
• completion planned for summer 2026
• rental guarantee for 5 years through rental pool

Project description „MalzQuartier“ Erfurt

With it’s imposing, representative clinker brick construction, the Erfurt Malzwerk is an element of Wilhelminian industrial architecture that defines the cityscape – supplemented in the 1930s by expressionists extensions.

It is planned to extensively renovate the entire property in to two construction stages. In the first construction stage 145 condominiums as well as 65 underground parking spaces will arise at Thälmannstraße 49/Iderhoffstraße 3 in 99085 Erfurt. Now in the second construction stage 130 condominiums as well as 57 underground parking spaces will arise.

The revitalization of  the impressive Wilhelminian industrial architecture of the Malzwerk as a residential and commercial building with a variety of floor plan types and sizes has made it possible to preserve a building complex of the centrally located historic district of Erfurt and to bring its full architectural quality to bear again.

All apartments are equipped with high-quality parquet floors and fitted kitchens as well as sanitary objects from brand manufactures. With its two large crossbars, the MalzQuartier will be an architecturally fascinating mix of Wilhelminian and brick expressionism.

Project data new-building “MalzQuartier“

2nd construction section:

Living area: 52 m2  to 134 m2

Residential units: 130

Commericial units: 8

Underground parking spaces: 57

Ø Rent housing TARGET: 11.50 €/m2

Ø Rent parking space: 85,- €

Purchase prices apartments: 292,186,- to 847.193,- €

Purchase price parking spaces: 39,500,- to 42,500,- €

Purchase price fitted kitchen: 8,900,- to 9,650,- €

Special depreciation (Denkmal-AfA): 77% from the purchase price possible

Attractive location for you as an investor

• Continuous population growth (especially well-off employees) 
• a tight real estate market in the Erfurt region
• Residential vacancies below 2 % (as of 2021)
• Rents in Erfurt are well above Thuringia´s average
  
• Economically strong state capital with over 14,000 companies and a variety of industries
• Low unemployment rate and rising incomes
• Part of a networked polycentric economic area
• Multiple awards for public transport
• Interface of the regiopole region along the Thuringian chain of cities
• Quick and easy access to Leipzig, Berlin, Frankfurt and Munich

Agent-Passus:

With us, the broker contract comes through the confirmation of the use of our brokerage activity in text form like e.g. especially the signature of the search customer contract and/or the property certificate. The apartments are courtage free.

Notices:                      

All of the information presented are without grant and are based on information, which were sent to us by our clients. We do not assume any liability for the completeness, correctness and topicality of this information. Subject to error and prior sale. The EV Immobilien GmbH Jena is allowed to agree upon a commission with the seller. Upon request, we are happy to provide you with further information about the property and the owner. The property inspection can take place at any time by arrangement with one of our employees / agents. At this point we expressly refer to our general terms and conditions once again. We process your personal data within the framework of the contractual relationship we have with you. Further information about data processing can be found at https://www.engelvoelkers.com/thueringenprojekte/datenschutz/ or in the notices at our shop.

Special depreciation (Sonder-AfA) according to §§ 7h/i & 10f EStG for the high-rise:

According to income tax law you can gain from a tax benefit through the special depreciation. We assume a special depreciation on the construction costs according to §§ 7h/I and 10f EStG. However, possible savings are to be clarified at your own risk. Please get individual advice from your tax office.