Apartment with attractive price per m²

For sale is a well-maintained and immediately livable 2-room apartment with an excellent price-performance ratio. The property is ideal for price-conscious owner-occupiers, investors or first-time buyers who are looking for a compact apartment with long-term development potential.

Notably, there is the exceptionally attractive price per m² (under EUR 2.800/m²), which in combination with the planned improvements to the building represents a rare opportunity on the Vienna real estate market.

The apartment has a living area of approximately 44,36 m² and features a functional layout:

• quiet courtyard-facing bedroom
• bright living room with pleasant southern orientation
• entrance hall with planned future loggia extension
• separate bathroom with tiles
• functional, separate kitchen

The south-facing orientation of the living room creates a particularly friendly and light-filled living atmosphere.

Building & Development Potential

The residential building is currently in a comprehensive development and renovation phase.

Planned or already approved are, among other things:

• Elevator installation
• Construction of a loggia for the apartment
• further renovation measures on the building

The relevant documents as well as the building permits are already available. The implementation of the measures is currently delayed, so there is currently no final completion date.

According to MA50 guidelines, further renovations to the building are required. The estimated total costs for this amount to around EUR 500.000,-. In the worst case, the future owner can expect additional investment costs of approximately EUR 30.000,- to EUR 35.000,-.

The broker acts as a dual agent.

Michael Altmann, Mobile: +4369914141818, Email: [email protected], is available for a personal discussion as well as for a viewing appointment.

Infrastructure / Distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <1.000m
• Hospital <1.500m

Kinder & Schools

• School <500m
• Kindergarten <500m
• University <1.000m
• Higher Education <2.500m

Local supply

• Supermarket <500m
• Bakery <500m
• Shopping Center <1.500m

Other

• ATM <500m
• Bank <500m
• Post Office <1.000m
• Police <1.000m

Traffic

• Bus <500m
• Subway <1.000m
• Tram <500m
• Train Station <1.000m
• Highway access <1.500m

Distance as the crow flies / Source: OpenStreetMap