Description
PROPERTY DETAILS AND RENTAL INCOME
The entire property at Spaarndammerstraat 32 has been legally divided into two apartment rights:
A-1: Ground floor (114/550th undivided share);
A-2: Three upper-floor apartments with attic rooms (436/550th undivided share).
The ground floor is currently let as office space (registered in the BAG as office accommodation / leasehold designated for office use) at a monthly rent of €2,540, exempt from VAT.
Current rental income: Apartment Monthly rent Spaarndammerstraat 32-1 €. 686.97
Spaarndammerstraat 32-2 €686.97
Spaarndammerstraat 32-3 €1,007.45
Ground floor (office) €2,540.00
Total annual rental income: €59,056.68.
Energy performance certificates:
Ground floor: F
First floor: D
Second floor: C
Third floor: D
The property is sold subject to an age clause, asbestos clause, non-owner-occupancy clause and NEN 2580 measurement clause.
Legal transfer is preferably scheduled for 2026.
LEASEHOLD (ERFPACHT)
The property is subject to municipal leasehold (City of Amsterdam).
The owner has submitted an application to switch to perpetual leasehold for the residential units (A-2) under favourable conditions and has opted for an annual ground rent. The annual ground rent payable for all three apartments combined, effective from 31 March 2034, will be €3,222.34.
The current annual ground rent for the three apartments combined is €405.62 (subject to the 2000 General Provisions, AB2000, with annual indexation).
The annual ground rent for the ground floor is €91.49, subject to the 2000 General Provisions (AB2000), with annual indexation until 31 March 2034.
LEASEHOLD VALUATION – INDICATIVE ANALYSIS FROM 2034
An indicative leasehold analysis for the period after 2034 is available, based on an early CHET (Compensation for Leasehold Termination) calculation and a valuation by three independent experts using the residual land value method.
The indicative calculation is as follows:
Development value: €30,000 × 16 = €480,000
Construction costs: €2,000 per m² of gross floor area (BVO) = €230,000
Additional costs: €1,000 per m² = €115,000
Total construction and additional costs: €345,000
Residual land value: €135,000
Depreciation: 25% (75% of €135,000)
Indicative leasehold land value: €101,250
Annual ground rent percentage: 2.81% (EIB, Q1 2026)
Indicative annual indexed ground rent: €2,845
This calculation is indicative and subject to the agreement of the other appointed estate agents/valuers.
ZONING
The property is designated Mixed Use – 2 (Gemengd – 2) under the applicable zoning plan.
The entire property at Spaarndammerstraat 32 has been legally divided into two apartment rights:
A-1: Ground floor (114/550th undivided share);
A-2: Three upper-floor apartments with attic rooms (436/550th undivided share).
The ground floor is currently let as office space (registered in the BAG as office accommodation / leasehold designated for office use) at a monthly rent of €2,540, exempt from VAT.
Current rental income: Apartment Monthly rent Spaarndammerstraat 32-1 €. 686.97
Spaarndammerstraat 32-2 €686.97
Spaarndammerstraat 32-3 €1,007.45
Ground floor (office) €2,540.00
Total annual rental income: €59,056.68.
Energy performance certificates:
Ground floor: F
First floor: D
Second floor: C
Third floor: D
The property is sold subject to an age clause, asbestos clause, non-owner-occupancy clause and NEN 2580 measurement clause.
Legal transfer is preferably scheduled for 2026.
LEASEHOLD (ERFPACHT)
The property is subject to municipal leasehold (City of Amsterdam).
The owner has submitted an application to switch to perpetual leasehold for the residential units (A-2) under favourable conditions and has opted for an annual ground rent. The annual ground rent payable for all three apartments combined, effective from 31 March 2034, will be €3,222.34.
The current annual ground rent for the three apartments combined is €405.62 (subject to the 2000 General Provisions, AB2000, with annual indexation).
The annual ground rent for the ground floor is €91.49, subject to the 2000 General Provisions (AB2000), with annual indexation until 31 March 2034.
LEASEHOLD VALUATION – INDICATIVE ANALYSIS FROM 2034
An indicative leasehold analysis for the period after 2034 is available, based on an early CHET (Compensation for Leasehold Termination) calculation and a valuation by three independent experts using the residual land value method.
The indicative calculation is as follows:
Development value: €30,000 × 16 = €480,000
Construction costs: €2,000 per m² of gross floor area (BVO) = €230,000
Additional costs: €1,000 per m² = €115,000
Total construction and additional costs: €345,000
Residual land value: €135,000
Depreciation: 25% (75% of €135,000)
Indicative leasehold land value: €101,250
Annual ground rent percentage: 2.81% (EIB, Q1 2026)
Indicative annual indexed ground rent: €2,845
This calculation is indicative and subject to the agreement of the other appointed estate agents/valuers.
ZONING
The property is designated Mixed Use – 2 (Gemengd – 2) under the applicable zoning plan.
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