Attractive investment apartment in Wien-Döbling | 92.98 m² old building | quiet inner courtyard | indefinitely rented | commission-free

Attractive investment apartment in Vienna-Döbling | 92,98 m² old building | quiet inner courtyard | unlimited-term rental | commission-free

If you are looking for a solid, well-running investment in the sought-after 19th district, here you will find a rare opportunity: a spacious old-building apartment with 92,98 m² on the first floor, rented on an unlimited term since 1988 and with a well-funded repair reserve.

Quiet inner courtyard location – a real added value

The apartment faces exclusively the green, quiet inner courtyard – and is thus completely shielded from the Döblinger Hauptstraße. Those who know Vienna know: such a location within an old building is not a given. No street noise, no through traffic – instead green calm in the middle of the district.

The property at a glance

• Living area: 92,98 m²
• Balcony: 2,1 m²
• Rent start: 1988 | unlimited tenancy
• Net main rent: € 272,37/-month
• Net operating costs: € 159,72/-month
• Monthly reserve: € 83,98
• Repair fund: € 34.170,–

The investment factor

As a rented old-building apartment this property offers a stable ongoing yield – but the real potential lies in the vacancy value: If the unit becomes vacant, the market value of the apartment would rise to nearly double the current purchase price. The current price reflects the tenancy rights burden and thus offers substantial, foreseeable potential for value appreciation for strategically minded investors.

Additional costs on purchase

• 3,5 % real estate transfer tax
• 1,1 % registration fee
• Costs for establishment, trustee conduct and cadastral processing of the purchase contract
• No broker's commission

For further information or a viewing appointment I am available at any time.

Tim Rauter, MBA

[email protected]

+43 676 44 59 665