Rough diamond on Wörthersee – Your Velden project with 95 m² terrace

ROUGH DIAMOND ON LAKE WÖRTHERSEE!

Velden, Lake Wörthersee, lake air – and all at a price that is hard to find in this location these days: purchase price € 198.000, which corresponds to only approx. € 1.740/m² of living/usable space in one of Austria’s most sought-after holiday regions.

We’ll be frank: This property is in need of complete renovation. That is exactly where your opportunity lies. Instead of taking on someone else’s compromises, you can design everything from scratch according to your own ideas: floor plan, fixtures and fittings, style.

THE PROPERTY

The property extends over three levels – ground floor, upper floor and attic – with a total of approx. 114 m² of living/usable space. A real highlight is the exceptional terrace of approx. 95 m²: space for a lounge, dining area and long summer evenings by the lake.

The three levels are currently not connected to one another. What may initially sound like a lot of work actually offers enormous flexibility:

• The upper floor and attic can each be accessed separately via the main entrance.
• On the ground floor, there is the option of extending the terrace and using the area as a self-contained studio.
• Alternatively, the levels can be connected to create a spacious unit.

Whether as a holiday retreat for the whole family, for owner occupation with a studio that can be rented out, or as several areas that guests can use separately – a lot is possible here.

ATTENTION INVESTORS – SHORT-TERM RENTALS APPROVED!

Short-term rentals are expressly provided for in the condominium ownership agreement and have been approved by all co-owners. Several co-owners have already been successfully renting out their units to holiday guests for some time.

Combined with the separate access to the levels, this creates a particularly attractive concept: one part can be used by the owner, while the other generates ongoing rental income – or the entire property can be operated as tourist accommodation. The official registrations required for the renovation and operation must be completed by the buyer in accordance with their usage concept as part of the renovation.

CONDITION – EXPLAINED TRANSPARENTLY

• The property is in need of complete renovation and is currently not ready for occupancy.
• The levels GF, UF and attic are not yet connected to one another.
• There are no finished bathrooms or sanitary rooms; the connections must be newly installed.
• The entire interior fit-out, including the sanitary areas, must be newly constructed.

Our tip: Include the renovation costs in your budget – even then, in this location, you will be well below the price of comparable, fully renovated properties.

THE HIGHLIGHTS AT A GLANCE

• Purchase price: € 198.000
• only approx. € 1.740/m² of living/usable space
• approx. 114 m² of living/usable space on 3 levels (GF, UF, attic)
• approx. 95 m² XXL terrace
• Upper floor and attic accessible separately via the main entrance
• Ground floor with the option of extending the terrace and using it as a studio
• Short-term rentals provided for in the condominium ownership agreement and approved by all co-owners
• Lake reachable in approx. 7–10 minutes on foot
• In need of complete renovation – design freely according to your wishes

RARE OPPORTUNITY FOR QUICK DECISION-MAKERS!

Properties in this location and at this price are a true rarity on Lake Wörthersee. Buyers who make a quick decision will be given preference – a prompt purchase decision and swift completion are expressly desired.

Arrange your personal viewing appointment now!

We wish to point out that there is a family or business relationship between the agent and the third party being represented.

The agent is acting as a dual agent.

Infrastructure / Distances

Health
Doctor <500m
Pharmacy <1.000m

Children & Schools
School <1.000m
Kindergarten <500m

Local amenities
Supermarket <500m
Bakery <1.500m

Other
Bank <500m
ATM <500m
Post office <1.000m
Police <1.000m

Transport
Bus <500m
Motorway access <2.000m
Train station <2.000m

Distances given as the crow flies / Source: OpenStreetMap