Charming Renovated Apartment in Sought-After Amsterdam Oost

Madurastraat 16-1 is a bright and charming apartment located in the heart of the Indische Buurt neighborhood in Amsterdam Oost. Situated on the first floor of a very well-maintained building, this property offers 56 square meters of living space and presents an excellent opportunity for buyers looking for a renovated home in one of Amsterdam's most desirable eastern districts.

The apartment was completely renovated several years ago and is currently in excellent condition. In 2016 and 2017, the building underwent significant improvements including being split into separate units, refurbishment of the shell, and most importantly, the renewal of the foundations. This foundation work provides peace of mind for prospective buyers as structural concerns common in older Amsterdam buildings have been addressed. Additionally, the exterior painting was carried out in 2024, indicating ongoing care for the property.

The layout of the apartment begins with an entrance hall leading into a spacious and cozy living room. The open-plan kitchen is positioned in the center of the living area and comes equipped with various luxury built-in appliances. Notably, there is a built-in washing machine integrated into the kitchen design, which helps maximize space efficiency. Beautiful herringbone parquet flooring runs throughout the entire apartment, adding warmth and character to the living spaces.

At the front of the apartment, French doors open onto a French balcony, allowing natural light to enter the living area. A bedroom is located at the front of the property as well. At the rear of the apartment, there is a modern bathroom fitted with a walk-in shower, washbasin, toilet, and towel radiator. Adjacent to the bathroom is a room that currently functions as a storage space or home office, offering flexibility in how the space is used.

One of the notable features of this apartment is the spacious south-facing balcony at the rear, which spans the full width of the property. With an area of 8 square meters, this outdoor space provides an excellent spot to enjoy the sun throughout the day, particularly during spring and summer months. South-facing balconies are highly valued in the Netherlands as they receive the most sunlight.

The listing indicates that it would be relatively straightforward to create an additional bedroom at the rear of the living room if desired. This flexibility is appealing for buyers who may need a second bedroom in the future, whether for a growing family, guest accommodation, or a dedicated workspace. The included floor plan would provide more details on how this modification could be implemented.

The Indische Buurt neighborhood has undergone significant development in recent years and has transformed into a vibrant residential area. The central gathering point is Javaplein, located just around the corner from Madurastraat. This square features several cafes and restaurants, a library, and a gym, providing residents with convenient access to amenities and social opportunities. Shopping needs can be met on Javastraat or at the popular Dappermarkt, one of Amsterdam's well-known outdoor markets offering fresh produce, clothing, and various goods.

For recreation and relaxation, residents have easy access to two major parks. Oosterpark is within walking distance, offering green space for walking, jogging, or simply enjoying nature. Flevopark is also nearby, providing additional outdoor recreational options. These parks contribute significantly to the quality of life in the area and are particularly appreciated during warmer months.

Accessibility is a strong point of this location. By car, the property is easily reachable via the S114 exit on the Ringweg Oost, which is approximately a five-minute drive away. Public transportation options are excellent, with multiple tram and bus routes available just around the corner. Muiderpoort station is also within short walking distance, offering connections to various parts of Amsterdam and beyond.

An important financial aspect of this property is the leasehold situation. The municipal leasehold was bought out in 2023 for a perpetual term, meaning the new owner will not have to make periodic leasehold payments. This perpetual buyout adds significant value to the property and simplifies the ongoing costs of ownership.

The owners association (VvE) consists of four members and is described as healthy and active. A long-term maintenance plan (MJOP) is available, which provides transparency regarding future maintenance obligations and associated costs. The monthly service charges are set at 105 euros, which covers shared maintenance and building insurance. The presence of both a reserve fund and building insurance indicates responsible management of the building.

Heating and hot water are provided by an Intergas HR 2418A gas combination boiler, which was installed in 2016. This boiler is owned rather than rented, eliminating ongoing rental costs. The property has an energy label C, and double glazing is installed throughout, contributing to energy efficiency and comfort.

Parking in the area is managed through a permit system, which is standard for most of central Amsterdam. Residents can apply for a parking permit, though availability and waiting times may vary according to municipal regulations.

The asking price for this property is 499,000 euros, which translates to approximately 8,911 euros per square meter. This is a buyer's cost price (kosten koper), meaning the buyer is responsible for transfer taxes and notary fees in addition to the purchase price. The notary for the deed of sale must be selected from within the Amsterdam/Amstelveen Notarial Ring, and the contract must be drawn up within five working days of verbal agreement.

Handover of the property will take place by mutual agreement and can be arranged quickly. The apartment will be delivered vacant and cleared, in its current condition.

This listing is presented by an MVA Certified Expat Broker, indicating that the broker has specific qualifications for assisting international buyers with property purchases in the Netherlands. Both Dutch and English descriptions are provided, facilitating access for non-Dutch speaking buyers.

The building dates from 1902 and features a flat roof with bituminous covering and tiles. The apartment is situated on the second living level of a four-story building. The total volume of the apartment is 179 cubic meters according to the measurement report, which is based on the NEN2580 standard.

In summary, Madurastraat 16-1 offers a renovated apartment in a central Amsterdam location with strong neighborhood amenities, excellent accessibility, and important structural improvements including renewed foundations and perpetual leasehold. The flexible layout allows for adaptation to changing needs, and the active VvE with maintenance planning provides assurance of responsible building management.