Top floor apartment Quiet location yield

Retreat with a view

Charming attic apartment in an idyllic side location in Garsten with ca. 5,2 % return potential

Welcome above the rooftops of Garsten - in an apartment that not only impresses with light, quiet and lovingly designed details, but also stands out as an exceptionally attractive capital investment. Located on the third floor of a well-maintained residential building and quietly in the rear building, this property offers around 94 m² of living space, a rare combination of living quality and sustainable investment.

With a return potential of ca. 5,2 % this presents a particularly interesting opportunity for investors who want to rely on stable rental income and long-term value development in a sought-after location.

Upon entering the apartment you are greeted by an open-plan entry area with a strong sense of space. Immediately to the left are the bright ancillary rooms: a bathroom with exterior window and a bathtub as well as a separate WC and a practical storage room. This functional layout ensures high everyday usability - an important factor for sustainable rental viability.

The quiet retreat area comprises two well-proportioned bedrooms with views of the greenery. The approx. 14 m² room is ideal as a child’s room, guest room or home office - flexibly usable and thus attractive for different tenant groups. The generous master bedroom with about 22 m² and three windows scores with brightness and living comfort - a real quality feature.

The living room impresses with its special character and pleasant lighting conditions. The separate living kitchen with stylish fitted kitchen and space for a large dining table represents another plus - a sought-after detail for both owner-occupiers and tenants. The southeastern orientation provides a bright, friendly atmosphere and sustainably enhances living quality.

Additional value is provided by two basement compartments as well as further storage options on the mezzanine - practical details that are appreciated in daily life and in letting alike.

Also the existing parking spaces directly in front of the house significantly increase the attractiveness of the property - a not-to-be-underestimated advantage for both tenants and owners alike.

Renovation & Value Appreciation Potential

Another key advantage for investors: In the homeowners association there is consensus on a comprehensive, subsidized renovation of the building. Planned are among other things facade renewal, roof renovation and energy improvements.

These measures not only lead to increased living comfort, but also offer substantial value appreciation potential - a central factor for any sustainable real estate investment.

The financing takes place via a subsidized renovation loan, whereby part of the costs is offset by government subsidies.

The planned measures bring a variety of benefits: Through the attractive funding structure the state indirectly contributes to your appreciation, thereby reducing the financial equity required. At the same time, the comprehensive modernization ensures sustainable value appreciation of the property and creates a solid basis for long-term yields. The energy improvements also have a positive effect on ongoing operating costs, which further strengthen net yield.

Historically, modernized apartments enjoy particularly high demand on the rental market, which further increases lettability. Not least, the clearly planned measures create a high degree of planning security, which is especially important for investors.

This property offers you the opportunity to invest in a high-yield apartment with ca. 5,2 % earning potential - in a quiet, sought-after location with additional development potential through the planned renovation.

Interested?

Arrange a non-binding viewing appointment today. We look forward to your inquiry!

Martin Felbermair

Phone: +43 676 6230465

Email: [email protected]

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <2.000m
  • Hospital <2.500m
• Children & Schools
  • School <500m
  • Kindergarten <500m
  • University <2.000m
  • Higher School <2.000m
• Nearby amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <1.500m
• Other
  • Bank <1.000m
  • ATM <1.000m
  • Post <500m
  • Police <1.000m
• Transport
  • Bus <500m
  • Train station <500m

Distance as the crow flies / Source: OpenStreetMap