P8 Klagenfurt Living – 4.5-room apartment with clear layout in central downtown location

The property – P8 Klagenfurt Living

The estate P8 Klagenfurt Living was built in 1957 and comprises several residential units with versatile usage possibilities. The units are suitable for owner-occupation, as a city apartment as well as for rental.

Short-term rental is permitted.

The property falls under the partial application scope of the Tenancy Act (MRG). In this context, free rent applies, whereby the level of rent can generally be freely agreed within the framework of the statutory provisions.

The building does not have an elevator.

Parcellation & condominium ownership

The entire estate is currently in the process of parcellation. In this process, all units are transferred into legally independent condominium ownership.

After completion, buyers acquire a clearly defined, parcellated unit with the corresponding shares in the property. Completion of the parcellation is expected by the end of 2026 or the beginning of 2027.

Reserves

There are currently no reserves within the meaning of the Condominium Act (WEG), as these can only be formed after the establishment of condominium ownership.

All costs incurred so far for maintenance, repairs and improvements have been borne to date by the sole owner.

After successful parcellation, reserves will be formed in accordance with the statutory provisions.

Operating costs

The current operating costs amount to approximately € 1,86 per m² net monthly plus 10 % VAT.

The heating costs are currently approximately € 0,51 per m² net monthly plus 20 % VAT and are billed separately as part of the district heating supply.

In the course of the parcellation, an adjustment of the operating cost structure is to be expected, in particular due to:

• the formation of a statutory reserve
• possible additions of services (e.g. cleaning, management)
• resolutions passed in the course of the first condominium owners' meeting

Currently, no reserve is yet being charged; therefore this is not included in the currently stated operating costs or monthly costs. The formation of the statutory reserve only takes place after the establishment of condominium ownership or after parcellation has been completed. The statutory minimum reserve currently amounts to € 1,12 per m² monthly.

Note on the purchase transaction:

The legal processing of all purchase contracts is carried out by the notary office Notariat Oberwandling, Widmanngasse 43, 9500 Villach.

By signing a purchase offer, the following conditions are deemed agreed:

• 1.5 % of the purchase price, but at least EUR 1.500,00, each plus VAT and out-of-pocket expenses for the preparation of the contract and the land register execution.
• In the case of external financing, an additional EUR 400,00 plus VAT and out-of-pocket expenses are payable for the fiduciary handling with the financing bank including registration of the lien in the land register.

These conditions are a binding part of the purchase transaction.

This generous apartment in the P8 Klagenfurt Living project on the 3rd floor (no elevator) convinces with a clear room layout, well usable room sizes and a practical floor plan. The apartment is particularly suitable for buyers who value several separately accessible rooms, a central location and a functional living structure.

When entering the apartment, you first reach the approximately 15,6 m² large hallway, which serves as the central distributor of the apartment. From here several rooms are directly accessible, creating a very pleasant and clear living situation. On the right there are 2 separately accessible rooms of approx. 8,9 m² and approx. 16,4 m², which can be used as a bedroom, children's room, study or guest room as required.

Also accessible from the hallway is the approx. 11,1 m² large living kitchen, which offers enough space for a compact kitchen and dining area. Directly adjacent is the bathroom with approx. 3,8 m², which is practically integrated into the floor plan.

In the upper part of the apartment opens the approx. 21 m² large living room, which forms the most generous living area of the apartment. From there you access another room of approx. 17,6 m², which is particularly versatile due to its size.

The apartment offers a very functional room layout overall with 4.5 well usable rooms, a separate living kitchen, bathroom and central hallway. It is particularly pleasant that the individual rooms are clearly separated from each other and thus provide a solid basis for both families and living and working under one roof.

We ask you to view the 3D tour before arranging a viewing appointment.

Link: Virtual tour

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We point out that there is a familial or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual agent.

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