New build apartment Favoriten garage loggia

New construction project DAVIDGASSE 59 – modern residential investment with strong rental demand

With DAVIDGASSE 59, a high-quality new development is emerging in the up-and-coming Vienna district of Favoriten, combining modern living quality with long-term investment potential. In an urban location, stylish 2- to 4-room investment apartments with private outdoor spaces are being created – designed to meet the requirements of the modern Vienna rental market.

Compact to family-friendly layouts with a balcony, loggia or terrace are among the most sought-after living formats today and ensure excellent rental potential as well as sustainable value stability. The combination of urban infrastructure, modern architecture and energy-efficient construction makes this project particularly attractive for investors seeking long-term security and housing demand.

The project

Modern architecture meets sustainable demand

The new construction project DAVIDGASSE convinces with intelligent floor plans, high-quality equipment and a living concept that is tailored exactly to the needs of future tenants.

The well-thought-out 2- to 4-bedroom apartments appeal to a broad target group – from singles and young couples to families and working city dwellers. This broad target group approach ensures stable demand and long-term attractive rental prospects.

Especially noteworthy:

• outdoor spaces for nearly all units
• modern underfloor heating via district heating
• underground garage in the building
• bicycle storage rooms
• sustainable construction with photovoltaics
• efficient operating-cost structure
• timeless architecture with high quality of living

The high-quality fittings with oak parquet, large-format porcelain stoneware, triple-glazed insulation and modern sanitary solutions create sustainable living appeal and clearly set the project apart from the classic standard new build. Another major advantage for investors: new-build apartments with modern energy efficiency, outdoor spaces and functional floor plans are among the permanently most sought-after segments on the Vienna housing market.

Location

Favoriten – one of the most dynamic residential districts of Vienna

DAVIDGASSE 59 is located in the heart of the 10th district – an area that has developed in recent years into one of Vienna's strongest development and growth zones.

The excellent infrastructure and transport connections ensure high everyday practicality and make the location particularly attractive for tenants:

• U1 Reumannplatz
• future U2 station Gußriegelstraße
• Vienna Central Station
• tram lines 1, 6, 11 and O
• bus lines 7A, N6, N65 and N66

In addition, future residents benefit from numerous shopping opportunities, restaurants, schools, fitness studios and local providers in the immediate surroundings.

The nearby Wienerberg also offers an attractive connection between urban living and recreation space – a key factor for long-term living quality and stable demand.

Ausstattungs-Highlights

• 2–4 room investment apartments
• balcony, terrace or loggia at nearly all units
• underfloor heating via district heating
• high-quality oak parquet flooring
• large-format porcelain stoneware
• triple-glazed insulating glass
• modern sanitary ceramics
• underground garage
• bicycle storage rooms
• energy-efficient construction with photovoltaics
• modern, rental-friendly floor plans

A detailed overview can be found on our EHL project homepage!

Conclusion for investors

Living space remains in demand – modern new builds especially

DAVIDGASSE 59 combines the characteristics that are decisive for successful Vorsorgewohnungen: in-demand apartment sizes, modern equipment, outdoor spaces, excellent infrastructure and sustainable energy efficiency.

In combination with the dynamic development of the Favoriten location, this creates a future-oriented residential investment with high rental demand and long-term value potential.

Purchase prices of the Vorsorgewohnungen

from EUR 231.584,- to EUR 783.891,- net plus 20% VAT

Expected rental yield

from approx. EUR 13,50 to EUR 15,75 net per m²

3% commission
Completion: Autumn 2027

This offering relates to an investment apartment that is acquired for rental purposes. The stated purchase price is therefore net plus 20% VAT. These data are subject to possible changes.

We would like to note that there is a family or economic close relationship between the intermediary and the third party to be mediated.

Infrastructure / Distances

Health
Doctor <250m
Pharmacy <250m
Clinic <250m
Hospital <1.000m

Children & Schools
School <500m
Kindergarten <250m
University <1.250m
Higher School <2.000m

Local amenities
Supermarket <250m
Bakery <250m
Shopping center <1.500m

Other
Cash machine <250m
Bank <250m
Post <250m
Police <500m

Transport
Bus <250m
U-Bahn <1.000m
Tram <500m
Train station <750m
Highway connection <2.000m

Distances are measured as the crow flies / Source: OpenStreetMap