BAUBEGINN ERFOLGT | Wohnbauförderung möglich | 3-Zimmerwohnung in Oberndorf

The project is already under construction!

This 3-room apartment with approximately 73 m² of living space and a balcony stands out for its well-thought-out room layout and offers space for a small family or couples as well as singles who like to live generously. With a lift to all floors, this space-saving marvel is barrier-free to access. The generous living/dining and kitchen area as well as a bathroom with a tub and shower complete the living offering.

When purchasing a condominium, housing subsidy of up to € 80.000.- is possible.

This condominium is acquired under leasehold and offers some advantages over the normal ownership purchase.

The advantages of leasehold

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

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