Invest, relax & profit | Condominium in Bad Waltersdorf

Situated in one of Styria’s best-known thermal spa regions, this condominium is located in the Spa & Golf Resort Bad Waltersdorf.

An interesting opportunity for investors who would like to combine property ownership with professionally organized tourist letting – without having to take care of letting, guests or the organizational handling themselves on an ongoing basis.

The location fits the concept perfectly: Bad Waltersdorf golf course is located directly opposite the complex. The region’s well-known thermal spas are also practically on the doorstep.

• H2O Therme: around 1.2 km
• Heiltherme Bad Waltersdorf: approx. 1.8 km
• Bad Waltersdorf town centre: around 1.2 km
• Graz: approximately 63 km or around 45 minutes by car
• Vienna: around 140 km or approx. 1.5 hours

This means the location combines relaxation, leisure and good supraregional accessibility.

The complex was built in 2008 and has been established as a tourist destination for many years. The apartment itself offers around 59.35 m² of living space and a pleasantly well-designed layout in which functionality and living comfort work well together.

From the entrance hall, you enter directly into the bright living and dining area with an integrated kitchenette. Large windows let plenty of daylight into the room and create a friendly, open atmosphere. The separate bedroom provides a pleasant retreat. The bathroom is equipped with a bathtub and shower, while a separate toilet completes the layout.

A particularly attractive feature is the approximately 6.75 m² loggia, which extends the living area with a sheltered outdoor space. A pleasant area in which to enjoy the resort atmosphere outside the apartment as well.

The unit is currently operated for tourist purposes by Spa & Golf Resort Bad Waltersdorf under an existing tenancy agreement. The operator handles the letting and ongoing organization. For owners, this means a clearly regulated and convenient form of investment with manageable personal administrative effort. According to the tenancy agreement, the unit is let for commercial-tourist use; the agreed base rent is value-protected.

The clear cost structure is particularly convenient for investors: The operating costs are borne by the tenant or hotel.

In addition, there is a service and administration agreement that includes, among other things, the use of various areas of the hotel complex such as reception, lobby and wellness area. It is precisely this integration into the ongoing resort operation that makes the property interesting for buyers looking for a tourist-use apartment whose key organizational processes are professionally managed.

Personal use is also possible:

The apartment can currently be used personally for up to 30 days per year, depending on availability and in coordination with the operator.

The existing tenancy agreement is limited until 01.10.2029 (start of tenancy: 01.10.2014). The monthly rental income amounts to € 1,187.60 incl. VAT. The agreed base rent is value-protected and linked to the Consumer Price Index 2010.

With the end of the existing tenancy agreement in October 2029, various options open up for the future use of the apartment:

• conclusion of a new agreement with the hotel operator
• independent letting
• personal use

The complex is heated by district heating. A permanently allocated car parking space additionally rounds off the offer.

The stated purchase price is understood to be a net purchase price plus 20% VAT.

A special opportunity for buyers who wish to combine property ownership in Bad Waltersdorf, professional tourist operation and the possibility of personal use – directly opposite the golf course and only a few minutes from the thermal spas and town centre.

The broker is acting as a dual agent.