New build apartment with private outdoor spaces and underground garage

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

With DAVIDGASSE 59, in Vienna's up-and-coming district Favoriten, a high-quality new-build project is taking shape that combines 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 created – designed to meet the requirements 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, delivering excellent rental viability 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-build DAVIDGASSE project convinces with intelligent floor plans, high-quality fittings and a living concept that is precisely tailored to the needs of future tenants.

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

Notable highlights:

• 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 finishes with oak parquet, large-format porcelain stoneware, triple-glazed glazing and modern sanitary ceramics create durable 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 layouts are among the most consistently in-demand segments on the Vienna housing 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 practicality and make the site especially 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

Additionally, future residents will benefit from numerous shopping opportunities, restaurants, schools, fitness studios and local amenities 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.

Amenities highlights

• 2–4 room investment apartments
• Balcony, terrace or loggia for nearly all units
• Underfloor heating via district heating
• High-quality oak parquet flooring
• Large-format porcelain stoneware
• Triple-glazed glazing
• Modern sanitary ceramics
• Underground garage
• Bicycle storage rooms
• Energy-efficient construction with photovoltaics
• Modern, rental-friendly layouts

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 properties essential for successful Vorsorgewohnungen: in-demand 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 future-oriented residential investment with high rental demand and long-term value potential.

Purchase prices of the investment apartments

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

We note that between the broker and the third party to be mediated there is a familial or economic close relationship.

Infrastructure / Distances

Health

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

Kids & Schools

• School <500m
• Kindergarten <250m
• University <1.250m
• Higher School <2.000m

Nearby services

• 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 access <2.000m

Distance in straight line / Source: OpenStreetMap