Spacious 4-Room Apartment with Southwest Balcony in Amstelveen

This property is a spacious four-room apartment located on Franciscus van Assisiëlaan in the Augustinuspark neighborhood of Amstelveen. The apartment offers a total living area of 84 square meters, making it well-suited for families or couples looking for ample living space in a residential setting.

The apartment features three bedrooms, all of which come with built-in wardrobes that provide practical storage solutions. Having three bedrooms adds flexibility to the living arrangement, whether for a family with children, a home office setup, or guest accommodation. The living room benefits from an abundance of natural light due to the numerous windows, creating a bright and welcoming atmosphere throughout the day.

One of the notable outdoor features is the balcony facing southwest. This orientation is particularly advantageous as it allows residents to enjoy afternoon and evening sunlight, making the outdoor space pleasant for relaxation during warmer months. The balcony measures 5 square meters and is classified as gebouwgebonden buitenruimte, which means it is attached to the building structure.

The property includes a separate storage box located externally, measuring 7 square meters and equipped with electricity. This additional space is useful for storing bicycles, garden furniture, seasonal items, or other belongings that would otherwise take up valuable space in the apartment itself.

In terms of energy efficiency, the apartment holds an energy label B. This rating reflects the insulation measures that have been implemented, specifically roof insulation and double glazing throughout the property. These features contribute to reduced energy consumption and lower utility costs while also improving indoor comfort by minimizing heat loss and reducing external noise.

The heating system consists of a central heating boiler, specifically a Nefit Proline NXT gas-fired combi boiler. According to the listing, this boiler dates from 2025 and is owned by the current owner, meaning it will transfer to the new owner upon sale. The same system provides both heating and hot water for the apartment.

The bathroom is equipped with a bathtub, a sink, and a sink cabinet. There is also a separate toilet room, which is a practical arrangement allowing multiple household members to use the facilities simultaneously without inconvenience.

The building itself was constructed in 1961 and is classified as a galerijflat, which is a gallery-style apartment building where units are accessed via an external or semi-external corridor. The roof is flat and covered with bituminous roofing material. Despite its age, the building has undergone and continues to undergo improvements to enhance its sustainability and modernize its facilities.

The property is held in full ownership, known as volle eigendom in Dutch property law. This means the buyer acquires complete ownership rights over the apartment without any leasehold or ground lease obligations.

The homeowners association, or Vereniging van Eigenaren, is properly organized and maintained. The VvE is registered with the Chamber of Commerce, holds annual meetings, collects periodic contributions, maintains a reserve fund, has a maintenance plan in place, and has arranged building insurance. These are all positive indicators of a well-managed building.

The total monthly VvE contribution amounts to 457.42 euros. This sum consists of two components. The first part is the standard service charge of 266.55 euros per month, which covers the general operating costs and maintenance of the building's common areas and facilities. The second part is a maintenance reserve of 190.77 euros per month, which is specifically designated for sustainability improvements including the installation of double glazing and modernization of the entrance.

It is important to note that this maintenance reserve component takes the form of a tax-deductible loan or mortgage that will be transferred to the new owner upon purchase. The listing indicates that this financial arrangement can be offset for tax purposes, which may provide some fiscal benefit to the buyer. Prospective purchasers should verify the exact terms and tax implications of this arrangement with their financial advisor or mortgage provider before proceeding with the purchase.

Parking at the property is available through public parking facilities in the surrounding area. There is no dedicated parking space or garage included with the apartment.

The Augustinuspark area in Amstelveen is known as a pleasant residential neighborhood that offers a combination of peaceful living with convenient access to amenities and transportation options. The location provides residents with proximity to what Amstelveen has to offer in terms of shopping, dining, recreation, and public transport connections to Amsterdam and other surrounding areas.

The asking price for this property is set at 425,000 euros, with the costs associated with the purchase, such as transfer tax and notary fees, to be borne by the buyer as indicated by the term kosten koper. This translates to a price per square meter of approximately 5,060 euros based on the 84 square meters of living space.

The transfer date and acceptance terms are described as in overleg, meaning they are to be negotiated between the buyer and seller, allowing for flexibility in arranging the actual handover of the property.

This apartment presents itself as a practical and comfortable living space in a well-established residential area of Amstelveen. The combination of three bedrooms, a southwest-facing balcony, energy label B efficiency, and proper VvE management makes it a property worth considering for those seeking a spacious home in this part of the Amsterdam metropolitan area.