Buy, rent out, relax, COMMISSION-FREE

Buy, rent out, sit back – commission-free

This apartment is for investors who want to put their money into something tangible and then have peace of mind. It has been renovated and is rented out, and it is located in a building where the major works have already been completed.

Buy. The 2-room apartment on the 3rd upper floor has approximately 40.53 m² of usable floor space. Its centrepiece is the 21 m² living kitchen with a kitchen from 2024. In addition, there is a bedroom of just under 11 m², a bathroom with shower and WC, and an entrance hall. The apartment was renovated in 2023/2024 and has parquet floors and uPVC insulating-glass windows. A passenger lift goes up to the 3rd upper floor, and the apartment includes its own cellar compartment. As the buyer, you do not have to pay an estate agent’s commission.

Rent out. You do not have to look for a tenant. The apartment is rented out on a fixed-term basis until November 2027, and the principal rent is € 363.00 net per month. This results in a gross yield of 2.56%. It will not make anyone rich, but the money starts flowing from the first day. Apartments of this size between the city centre and the main railway station are in demand among students, people starting their careers and staff of the surrounding hospitals. After the end of the contract, you decide for yourself whether to rent out the apartment again or use it yourself or for your children.

Sit back. What often makes old-build apartments expensive has already been taken care of here. In 2023, the street façade, fire wall, staircase including stucco and cellar were renovated, the entrance gate and draught lobby door were repaired, and a new intercom system was installed. A report on the building condition (Arch. DI Vera Korab, October 2023) states that no special maintenance measures are expected in the following five to ten years. The apartment is heated by district heating.

Available investment apartments in this property:

• Unit 1, Floor HP, usable floor area m² 54.29, balcony m², price 215,000.00 €, yield 2.54%, notes: Very good condition
• Unit 2, Floor HP, usable floor area m² 69.59, balcony m², price 185,000.00 €, yield 3.48%, notes: Very good condition
• Unit 5, Floor 1st upper floor, usable floor area m² 70.97, balcony m² 2.23, price 285,000.00 €, yield 2.55%, notes: Renovated 2023/2024, new kitchen (2024), new boiler in the bathroom (2021)
• Unit 8, Floor 3rd upper floor, usable floor area m² 50.77, balcony m² 2.59, price 145,000.00 €, yield 3.40%, notes: Very good condition
• Unit 9, Floor 3rd upper floor, usable floor area m² 40.53, balcony m², price 170,000.00 €, yield 2.56%, notes: Renovated 2023/2024, new kitchen (2024)

Arrange a viewing or a personal consultation with us today!

Do you want to sell your property? Then you have come to exactly the right place! We are happy to assist you and provide non-binding support in valuing your property. With great care, we compile all the important information and documents for you so that you can make the best decisions.

In cooperation with our SFI Vermögenstreuhand, we accompany you in making your dream property a reality and support you in building sustainable wealth. With our experienced experts, we ensure that you receive the best conditions – so that your dreams become reality!

http://www.schantl-ith.at in cooperation with www.sfi-invest.com

The information about the property offered is provided with the diligence of a proper real estate agent; no guarantee is given for the accuracy of such information, which is based on information provided by those authorised to dispose of the property!

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

Infrastructure / Distances

• Healthcare
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <1,000m
  • Hospital <500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • University <1,500m
  • Secondary school <1,500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1,000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <1,000m
  • Police <500m
• Transport
  • Bus <500m
  • Tram <500m
  • Motorway access <5,000m
  • Railway station <1,000m
  • Airport <9,500m
• Distances as the crow flies / Source: OpenStreetMap