The Stuttgart-based real estate agency Amanthos has brokered the sale of a high-quality renovated residential quarter with 29 apartments in the Weststadt district of Karlsruhe to Columbia Threadneedle Real Estate Partners. The seller and developer is a family office from Stuttgart. Hidden behind the name “Moninger Höfe” is a former nurses’ residence, which has been developed into an attractive residential area through extensive renovation work. The project is located in the prestigious Weststadt district, one of the most sought-after and beautiful residential areas in Karlsruhe.
The quarter comprises 7 historic buildings, in which a total of 29 apartments ranging in size from approx. 70 to 150 m² and with a total living space of approx. 3,100 m² are available. Extensions and additions such as balconies, terraces and elevators were subsequently carried out by the project developer as part of the revitalization of the existing building. This has improved the standard of the building and created a more comfortable living atmosphere.
The refurbishment work was completed at the beginning of February and, in addition to the sale, Amanthos has taken over the initial letting of the apartments. We congratulate the seller and the buyer on the successful transaction and look forward to providing further support in the letting process.