Characterful Waterfront Apartment with High Ceilings in Oud-West

The property is located at Da Costakade 118-2 in the Da Costabuurt-Noord area of Amsterdam. The asking price is €525,000 costs koper. The apartment has a living area of approximately 70 square meters and is listed as having 2 bedrooms. The energy label is E.

The Da Costakade is situated in the Oud-West district of Amsterdam, which is a highly sought-after residential area. The property benefits from a waterfront position along the Da Costagracht. This location offers residents the combination of peaceful waterside living while being close to the vibrant city life. Within walking distance, the Kinkerstraat provides a wide range of shops, boutiques, and supermarkets for daily shopping needs. The Ten Katemarkt is nearby for fresh produce and coffee. Around the Kwakersplein area, there are several popular terraces and restaurants, including De Karavaan, Peps, and Spaghetteria.

The property is well connected to public transportation. From the nearby Kinkerstraat and Bilderdijkstraat, various tram lines connect to all parts of the city and Central Station. By bicycle, most destinations in Amsterdam can be reached within 20 minutes. Parking is available on the street, though permits are required through the Municipality of Amsterdam.

The apartment is located on the second floor. The entrance leads to a small hallway. From the hallway, you access the first spacious room at the rear of the property, which is suitable as a living room. This room provides direct access to the west-facing balcony measuring approximately 3 square meters.

From the living room, you reach the central part of the apartment, which features a large room connected via en-suite doors to the front room. The front room has French doors opening to a Tea for Two balcony with views over the Da Costagracht. This front room also includes a side room that can serve as a bedroom, workspace, or study.

The kitchen is located at the rear and is accessible from the hallway. The kitchen also provides access to the balcony. The hallway contains a separate toilet and a compact bathroom with a shower and washbasin.

The apartment features ceiling heights of 2.84 meters, which contributes to a sense of space and character. The listing describes this as a kluswoning, which indicates that renovation work is needed to realize the full potential of the property.

The building dates from 1904 and is classified as existing construction. The foundation was renewed in 2003, which is an important consideration for properties of this age in Amsterdam. The property has a gas fireplace for heating.

The asking price translates to €7,500 per square meter based on the 70 square meter living area. Homeowners Association fees are approximately €224.50 per month. The VvE checklist indicates that the association is not registered with the Chamber of Commerce, does not hold annual meetings, has no reserve fund, no maintenance plan, and no building insurance. This is a significant consideration for potential buyers.

The property is subject to ground lease. Until June 30, 2027, the annual ground lease is €106.62 excluding inflation. From July 1, 2027, the annual ground lease increases significantly to €4,144.82 excluding inflation. The cadastral data also mentions an option to buy out the ground lease, with annual costs of €108.86. Buyers should carefully consider the implications of the ground lease increase and the possibility of buying it out.

The purchase agreement will follow the Amsterdam Ring model. Additional clauses will be included for asbestos, age, as is where is conditions, and non-owner occupancy. These clauses provide certain protections for the seller and should be reviewed carefully by potential buyers.

The measurement clause in the listing explains that the usable floor area has been calculated according to the BBMI
EN 2580 industry standard. This means that the stated area may differ from comparable properties and older references due to this measurement methodology. Buyers are informed that they have the opportunity to verify measurements independently.

The property status is listed as available, indicating it is actively on the market. The transfer date is to be agreed upon between buyer and seller.

For buyers considering this property, several due diligence steps would be advisable. The significant increase in ground lease costs from 2027 should be investigated, including whether buying out the ground lease is a viable option and what the costs would be. The VvE situation requires attention given that the checklist indicates various aspects are not in place, which could have implications for building maintenance and insurance. A structural inspection would be prudent despite the foundation having been renewed in 2003, particularly given the age of the building.

The kluswoning classification indicates that renovation work will be required. Buyers should budget accordingly and consider the scope of work needed across the kitchen, bathroom, and general finishes. The layout as described offers flexibility in how the spaces can be configured, with the en-suite arrangement and side room providing options for the number and arrangement of bedrooms and living spaces.

The west-facing balcony will receive afternoon and evening sun, which is generally considered desirable in the Netherlands. The French balcony at the front provides views over the canal.

Oud-West is a well-established residential neighborhood with a mix of local amenities and proximity to the city center. The combination of the Kinkerstraat shopping street, Ten Katemarkt, and the restaurants around Kwakersplein provides convenient access to daily necessities and leisure options.

Technical specifications include a living area of approximately 70 square meters, external space of 3 square meters balcony plus French balcony, a volume of 248 cubic meters, 4 rooms including 2 bedrooms, 1 bathroom with shower and washbasin plus separate toilet, location on the 2nd floor, energy label E, and heating via gas fireplace. Features include French balcony, natural ventilation, and TV cable connection. Location characteristics include waterfront, water view, city center location, residential area, and unobstructed view. Parking consists of paid parking, public parking, and permit-required options.