BAUBEGINN ERFOLGT | Oberndorf bei Salzburg: 3 Zimmer | 98 m²

The project is already under construction!

This breathtaking attic apartment offers you a modern and comfortable living experience in a central location in Oberndorf bei Salzburg.

On a generous area of 98,14 m² you will find three spacious rooms that offer plenty of space for individual design possibilities. The highlight of this apartment is undoubtedly the sunny terrace, where you can enjoy relaxing hours outdoors. Thanks to the passenger elevator, the apartment is accessible and thus also ideal for families with children or older people.

The high-quality fittings with tiles and parquet floors create a modern and appealing ambiance. The bathroom is equipped with a window, a bathtub and a shower and thus offers maximum comfort. The two toilets are also another plus of this property. Another advantage is the parking space in the underground garage (not included in the purchase price). Visitors can also conveniently park on the parking lot in front of the house. The transport connections are optimal thanks to the nearby bus stop and the train station, allowing you to reach Salzburg city center in no time.

Modern living with building rights - What does that mean?

Our owner-occupied apartments are built on a building-right plot. The building right is a real right and is also known in Austria as “Bauen auf fremdem Grund.” This means that when you buy an apartment under building rights, you acquire the right to occupy, rent out or otherwise use a specific apartment within a building, while the land continues to be owned by another party. The building right is granted for a fixed period of 100 years. At the end of this term the land including the buildings on it reverts to the landowner.

The advantages of building rights

• Lower purchase price: Since the land remains with the building-right grantor, the purchase price for the apartment is often lower than for comparable apartments in “normal” ownership.
• Higher return for investors: Due to the lower purchase price, an investor can also expect a significantly higher return. New-build apartments in central locations are usually very well rentable on the open market.
• Flexibility: In general the term of the building-right contract is long-term, in our case even 100 years. During this time the apartment owner can use, rent, inherit or sell the apartment and thus has a certain flexibility.
• Investment security: Since the building-right contract governs the rights and duties of both parties, it generally offers a certain investment security for the apartment owner.
• Tax aspects: In Austria since 2016 the acquisition costs and incidental costs when buying a property can be depreciated only on the building with 60 percent. Since when purchasing a building-right property the land is not acquired, the investment costs can be depreciated at 100 percent. Because of this cost advantage for a precautionary apartment in building rights, the investment is very lucrative.

We are happy to answer any questions and look forward to presenting the project to you in a personal meeting or at a site visit.