Montelbaanstraat 11 1

Charming and Renovated Upper-Floor Apartment of approx. 52 m² with Balcony and Energy Label C
Situated in a quiet street in the heart of the city, just around the corner from Nieuwmarkt and Oude Waal.

LAYOUT
Open porch, communal staircase. The entrance to the apartment is located on the first floor.

FIRST FLOOR
The entrance to the apartment is on the first floor. The living room with open-plan kitchen is located at the front of the property. The kitchen is equipped with built-in appliances including a dishwasher, 4-burner induction hob with extractor, combi oven/microwave, and a fridge with freezer compartment.

The bathroom, positioned in the middle of the apartment, is fitted with a walk-in shower, bathtub with hand shower, double washbasin with mirror, and a designer radiator.

Both bedrooms are situated at the rear of the apartment and provide access to the southeast-facing balcony.

The property is fully double glazed. The home has an energy label C.

SURROUNDINGS
The apartment is centrally located in the Lastage neighbourhood, on the quieter side of the historic city centre. In the immediate vicinity you will find a range of shops for daily groceries, popular cafés and restaurants, and various cultural amenities. Nieuwmarkt and Zeedijk are within walking distance. The apartment is also easily accessible by car via the A10 ring road (reachable through the IJ-tunnel) and by public transport. Central Station and Nieuwmarkt, with various bus, tram, and metro connections, are just a stone’s throw away.

GROUND LEASE (ERFPACHT)
The property is subject to a continuous ground lease. As the canon per apartment right has yet to be determined, the seller has commissioned a Ground Lease Analysis. The expected annual ground rent amounts to approx. € 425. The estimated lump sum for full redemption (continuous + perpetual) is approx. € 64,738. Seller and/or selling agent cannot and will not provide any guarantees in this regard. Please ask the selling agent for further details.

OWNERS’ ASSOCIATION (VvE)
The building is currently being subdivided into apartment rights (a total of four units). The subdivision permit has already been granted by the Municipality of Amsterdam, meaning the building meets the (technical) requirements for subdivision. The seller is awaiting the offer from the Municipal Land Department for the ground lease subdivision. The VvE administration will be managed by Velzel VvE Services, and the monthly service charges are yet to be determined.

NEN CLAUSE
The usable floor area has been calculated in accordance with the NEN 2580 measurement standard. As a result, the area may differ from comparable buildings and/or older references, primarily due to this (new) calculation method. Buyer acknowledges being sufficiently informed about this standard. Seller and agent have made every effort to calculate the correct floor area based on their own measurements and have provided floor plans with dimensions as support. Should the measurements unexpectedly deviate from the standard, the buyer accepts this. Buyer has been given sufficient opportunity to verify the measurements independently. Differences in stated dimensions or size do not entitle either party to any rights, including adjustment of the purchase price. Seller and agent accept no liability in this respect.

AGEING CLAUSE & NON-OWNERSHIP DECLARATION
Given the age of the building and the fact that the property is being sold by an investor, the purchase agreement will include, among others, an ageing clause and a non-occupancy clause. Under these clauses, the seller cannot and will not provide guarantees regarding the technical installations, pipes, wiring, or drainage systems within the unit and/or common areas. Likewise, no guarantees can be provided concerning the presence or functioning of data infrastructure.

SPECIFICS
- Upper-floor apartment of approx. 52 m² (measurement report available);
- Balcony of approx. 7 m²;
- Prime location in a quiet street in the heart of the city, near Oude Waal and Nieuwmarkt;
- Practical and efficient layout;
- Fully double glazed and equipped with central heating (Intergas HRE, 2022);
- Energy label C;
- Situated on continuous ground lease;
- Sale subject to subdivision approval;
- Owners’ Association in formation – service charges yet to be set;
- Professional VvE management by Velzel VvE Services;
- Ageing clause, asbestos clause, NEN clause, and non-occupancy clause apply;
- Project notary: Hartman LMH.