Rented condominium as an attractive investment in St. Gilgen on Lake Wolfgang

Rented condominium as an attractive investment property at Ried 27, 5360 St. Gilgen

For sale is a furnished 3-room condominium on the ground floor with a living area of approx. 116,17 m² in a good location in St. Gilgen on Lake Wolfgang. Thanks to its compact and well-thought-out room layout, the property is ideal as a long-term and value-stable investment.

The apartment is currently rented. The existing tenancy can be additionally secured by a waiver of termination by the tenant for a period of three to five years. As a result, future owners benefit from predictable and ongoing rental income.

The current net base rent amounts to € 1.858,72 monthly.
The purchase price amounts to:
€ 697.020,00 (plus VAT)

this corresponds to a yield of 3,20%

The apartment impresses with its practical size, a pleasant living atmosphere and its easily accessible location.

Room layout:

• Entrance hall
• Living room
• Bedroom 1
• Bedroom 2
• Separate kitchen with dining area
• Bathroom with walk-in shower and WC
• Storage room

A terrace also belongs to the apartment.

Shops, public transport and facilities for daily needs are located in the immediate vicinity.
Due to the existing tenancy, this property offers an interesting investment opportunity with ongoing returns and a clear perspective for the future.

The apartment is not only suitable as an attractive investment, but also offers excellent possibilities for owner occupation.

We will be happy to send you further documents and are available for questions or to arrange a personal viewing appointment.
Take this opportunity and secure an attractive investment in St.Gilgen on Lake Wolfgang.

We look forward to your inquiry!

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

The broker acts as a dual agent.

The law firm Mag. Franz Podovsovnik, attorney at law in 1010 Vienna, Habsburgergasse 2/2, is commissioned with the creation of the contract and the handling of the escrow. The costs in the amount of 1.5 % of the agreed purchase price plus VAT will be borne by the purchasing party.