New build apartment with outdoor spaces and underground parking in Favoriten

New development DAVIDGASSE 59 – modern residential investment with strong rental potential

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

Compact to family-friendly layouts with balcony, loggia or terrace are currently among the most sought-after living formats and ensure excellent rental potential as well as sustainable price 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 impresses with intelligent layouts, high-quality fittings and a living concept tailored to the needs of future tenants.

The thoughtfully planned 2- to 4-room apartments appeal to a broad audience – from singles and young couples to families and city professionals. This broad target audience ensures stable demand and long-term attractive rental prospects.

Highlights to emphasize:

• Outdoor spaces on 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 living quality

The high-quality finish with oak parquet, large-format porcelain stoneware, 3-fold insulating glazing and modern sanitary ceramics creates sustainable living appeal and clearly sets 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 most consistently sought-after segments in the Vienna residential market.

Location

Favoriten – one of Vienna’s most dynamic residential districts

Davidgasse 59 is located in the heart of the 10th district – a neighborhood that has developed in recent years into one of Vienna’s strongest development and growth areas.

The excellent infrastructure and transport connections ensure high everyday usability 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 options, restaurants, schools, fitness studios and local conveniences in the immediate surroundings.

With the nearby Wienerberg, the location also offers an attractive combination of urban living and recreational space – a key factor for long-term living quality and stable demand.

Equipment Highlights

• 2–4 room Vorsorgewohnungen
• Balcony, terrace or loggia in nearly all units
• Underfloor heating via district heating
• High-quality oak parquet flooring
• Large-format porcelain stoneware
• 3-fold insulating glazing
• Modern sanitary ceramics
• Underground parking
• 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

Housing remains in demand – modern new builds in particular

The DAVIDGASSE 59 combines the characteristics that are decisive for successful Vorsorgewohnungen: sought-after apartment sizes, modern fittings, outdoor spaces, excellent infrastructure and sustainable energy efficiency.

In combination with the dynamic development of the Favoriten location, this creates a forward-looking residential investment with high rental potential 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: Fall 2027

This offer relates to an investment apartment that is acquired for rental purposes. The indicated purchase price is therefore exclusive of 20% VAT. This data is subject to possible changes.

We would like to point out that there is a familial or economic close relationship between the broker 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

• Daily needs
• Supermarket <250m
• Bakery <250m
• Shopping Center <1.500m

• Other
• ATM <250m
• Bank <250m
• Post <250m
• Police <500m

• Traffic
• Bus <250m
• U-Bahn <1.000m
• Tram <500m
• Station <750m
• Highway connection <2.000m

Distances are given as the crow flies / Source: OpenStreetMap