From North to South – spacious 4-room apartment | city centre location

The property – P8 Klagenfurt Living

The property P8 Klagenfurt Living was rebuilt after the destruction caused by the Second World War with the use of funds from the Housing Reconstruction Fund and completed in 1957. The building comprises several residential units with versatile usage options and is suitable both for owner-occupation as a city apartment and as an investment property for short-term rental.

Due to the rebuilding with funds from the Housing Reconstruction Fund, the building is subject to the full application of the Tenancy Act (MRG). The provisions of the MRG therefore apply to rental relationships. The appropriate main rent pursuant to § 16 MRG applies.

The permissible main rent is based on the applicable tenancy-law provisions and cannot be freely agreed. The appropriateness of the agreed main rent may be reviewed in accordance with the statutory provisions. In particular, comparable properties with regard to location, size, furnishings, state of maintenance and condition are decisive. In the case of fixed-term rental agreements, the legally prescribed fixed-term reduction of currently 25 % must also be taken into account.

Short-term rental is permitted in accordance with the condominium agreement.

The property is currently designated as building land – business area.

The building has no lift.

Partitioning into condominiums & condominium ownership

The entire property is currently undergoing partitioning into condominiums. In this process, all units are being converted into legally independent condominium ownership.

Once completed, buyers will acquire a clearly defined, partitioned unit with the corresponding shares in the property. Completion of the partitioning is expected by the end of 2026 or the beginning of 2027.

Reserve funds

There are currently no reserve funds within the meaning of the Condominium Ownership Act (WEG), as these can only be established after condominium ownership has been created.

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

After the partitioning has been completed, reserve funds will be established in accordance with the statutory provisions.

Operating costs

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

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

In the course of the partitioning, an adjustment to the operating-cost structure is to be expected, in particular through:

• the establishment of a statutory reserve fund
• possible additions to services (e.g. cleaning, administration)
• resolutions passed as part of the first condominium owners’ meeting

No reserve fund is currently being charged; it is therefore not included in the currently stated operating costs or monthly costs. The statutory reserve fund will only be established after condominium ownership has been created or after the partitioning has been completed. The statutory minimum reserve fund currently amounts to € 1,12 per m² per month.

Note regarding the purchase process:

The legal processing of all purchase agreements is carried out through the notary’s office Notariat Oberwandling, Widmanngasse 43, 9500 Villach.

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

• 1,5 % of the purchase price, but at least EUR 1.500,00, in each case plus VAT and cash expenses for drafting the agreement and registering it in the land register.
• In the case of external financing, an additional EUR 400,00 plus VAT and cash expenses will be charged for the escrow processing with the financing bank, including registration of the lien in the land register.

These conditions are a binding part of the purchase process.

This spacious apartment on the 2nd floor (without lift) impresses with a well-designed layout, pleasantly sized rooms and versatile usage options. The clear separation of the individual rooms creates a functional living structure and provides ideal conditions for different living requirements.

Upon entering the apartment, one first reaches the approximately 10,57 m² entrance hall, which connects all living areas as a central distribution space. On the left are the separate kitchen measuring approximately 9,17 m², the bathroom measuring approximately 3,67 m², and another room measuring approximately 8,79 m², which can be used flexibly, for example as a children’s room, study, guest room or additional retreat area.

Straight ahead is the spacious living room measuring approximately 20,79 m², which forms the central living and reception area of the apartment and offers sufficient space for a comfortable living arrangement. The approximately 19,25 m² main bedroom is accessed directly from the living room and offers a variety of furnishing options thanks to its size.

Another room measuring approximately 11,54 m² is located to the right of the entrance hall. Depending on individual needs, this room can also be flexibly designed as a bedroom, children’s room, home office, guest room or spacious dressing area.

Overall, the apartment offers a well-designed and versatile layout with a separate kitchen, bathroom, spacious living area and several individually usable rooms. The combination of pleasant room sizes, clearly separated living areas and the central location in Klagenfurt makes the apartment interesting both for families and for buyers who want to combine living and working under one roof.

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

Link: Virtual tour

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Please note that there is a family or economic relationship between the broker and the third party being brokered.

The broker acts as a dual broker.

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