Fully Renovated Corner Apartment in IJburg with Southwest Balcony
Key Features
Description
This corner apartment is situated on the first floor of a modern residential complex that was completed in 2008, located in the popular Haveneiland West neighborhood of IJburg in Amsterdam. The property at Erich Salomonstraat 559 offers a total living area of 81 square meters, measured according to the NEN2580 standard. Additionally, there is 3 square meters of other indoor space and a 7 square meter balcony. The property also includes an external storage box of 4 square meters. The total volume of the apartment is 211 cubic meters.
The apartment occupies a corner position within the building, which provides windows on two sides and results in abundant natural light throughout the living spaces. This corner orientation creates an open and airy atmosphere in the home. The living room is sufficiently spacious to accommodate both a comfortable seating area and a dining area. The oak wooden flooring throughout the living areas adds warmth and a calm, cohesive appearance to the interior.
The southwest-facing balcony, measuring approximately 7 square meters, offers a sheltered outdoor space. Due to its orientation, this balcony receives afternoon and evening sun, making it suitable for outdoor relaxation during warmer months. The balcony is accessible from the living area and provides views consistent with the residential character of the neighborhood.
In April 2020, the apartment underwent a comprehensive renovation and modernization. This renovation included the installation of a luxury bathroom equipped with underfloor heating. The bathroom features a double sink, a walk-in shower, and a bathtub. A separate toilet was also installed as part of this renovation. The renovation project created two full-sized bedrooms, providing adequate sleeping accommodation. Electrical switches and outlets were replaced throughout the property. Ceilings were plastered and fitted with recessed spot lighting. The wooden flooring was renovated, and all taps and drainage systems were renewed. The result of this renovation is a move-in-ready home that requires no immediate investments or additional work.
The property has been assigned an Energy Label A, indicating a high level of energy efficiency. The apartment features HR++ glazing for improved thermal insulation. Wall insulation has been installed, and the property is described as fully insulated. Heating and hot water are provided through the district heating system (stadsverwarming), which means the property is gas-free. Mechanical ventilation is installed to ensure adequate air circulation throughout the home. These features contribute to lower energy costs and reduced environmental impact.
The building is managed by a professionally administered Homeowners Association (VvE) consisting of 34 apartments. The VvE is registered with the Chamber of Commerce (KvK). Annual general meetings are held, and periodic contributions are collected. The association maintains a healthy reserve fund to cover future maintenance expenses. A long-term maintenance plan covering the period from 2026 to 2099 has been established, providing clarity on future upkeep requirements. A collective building insurance policy is in place. The monthly VvE contribution for the apartment is 211.60 euros. The total monthly contribution listed is 258.89 euros, which includes the parking space contribution of 47.85 euros per month.
An important financial aspect of this property is that the ground lease (erfpacht) was bought off perpetually in 2022. This means that no periodic ground lease payments are required, which represents a significant financial benefit for the owner. The perpetual buy-off provides certainty regarding future housing costs and adds to the overall value of the property.
A private parking space is available in the secured underground garage of the complex. It is important to note that this parking space is offered for sale separately and is not included in the asking price of 520,000 euros. The listing indicates that the parking space could generate rental income of approximately 200 euros per month if rented out, based on current market rates in the IJburg area. This presents an option for additional income for the owner.
The apartment building is equipped with an elevator, providing convenient access to the first floor where this apartment is located. Fiber optic cabling has been installed in the property, enabling high-speed internet connections. The building features a flat roof covered with bituminous roofing material.
The Haveneiland West area of IJburg is a well-regarded residential neighborhood in Amsterdam. The location is described as being near water and offering free views, consistent with the character of the IJburg development which features waterways and open spaces. The neighborhood provides a combination of urban amenities and a relatively peaceful residential environment. Public transport connections and local facilities are accessible from this location.
The property is offered with a asking price of 520,000 euros, calculated at 6,420 euros per square meter of living area. The costs associated with the transfer (kosten koper) are to be paid by the buyer. The delivery date is to be determined in consultation between the parties. The property is listed as available and currently furnished, though the specific contents included in the sale would need to be confirmed during the transaction process.
This apartment presents itself as a technically sound and financially stable property. The combination of the 2020 renovation, the perpetually bought-off ground lease, the Energy Label A rating, and the professionally managed VvE with adequate reserves creates a profile of a well-maintained and future-proof home. The corner position and southwest-facing balcony add to the living comfort, while the option to acquire a private parking space separately provides flexibility for buyers with or without vehicles.