Kalvarienberggürtel, Graz – Gutted 37.37 m² Old Building Apartment

Who the property is suitable for: At 37.37 m², the apartment is exactly the size that is particularly sought after on the Graz market – compact, but fully functional. It is very well suited to singles or couples looking for a manageable, well-laid-out city apartment close to the city centre, as well as to students who can easily reach Graz’s universities from here by public transport. The location is also ideal as a second residence or city base for anyone who is only in Graz temporarily.

The University College of Teacher Education can be reached by bicycle in around 5 minutes, and FH Joanneum in just under 10. A location that is accordingly popular with students and lecturers.

Because the bathroom, electrical system and basic installations have already been stripped out, the apartment is particularly suitable for anyone who would like to help shape it from the outset – for example, self-builders who value an individual floor plan, or tradespeople and developers who want to implement their own ideas regarding materials, layout and fittings without first having to carry out demolition work. Compared with a traditional old-building apartment in an unrenovated but still occupied condition, this saves time and planning effort.

Why this apartment

Move in yourself now, rent it out later

This apartment is suitable not only for investors, but also as a starter apartment for singles, couples and students moving to Graz. The floor plan and size are exactly right for this stage of life: compact, well laid out and with manageable operating costs.

The decisive advantage lies in what comes afterwards. If you need more space in a few years, you do not have to sell: The apartment can subsequently be rented out excellently – specifically in the segment in which we specialise. Your own apartment thus becomes an investment that continues to generate income while you live elsewhere.

Instead of paying rent, you start building your own assets from the first month. And the location on Kalvariengürtel – close to the centre, well connected and with local amenities within walking distance – will remain in demand in the long term, both among tenants and future buyers.

The photos shown depict the current condition of the apartment. It will be completely stripped out and handed over to the new owner in this raw condition requiring renovation. There is an outstanding renovation loan of around € 6,200.– for the apartment, which can be assumed upon purchase or repaid early.

Note: We would be happy to carry out the renovation for you – you can choose from various execution options. The costs depend on the scope selected, which we would be happy to discuss with you personally.

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We would like to point out that there is a family or economic relationship between the intermediary and the third party to be brokered.

The intermediary acts as a dual broker.