Attractive investment opportunity: Already rented and immediate rental income

Modern living meets long-term added value. The apartments offer ideal conditions – both for owner-occupation and as an attractive investment property – and create the perfect setting for your future home.

Part of the project allows – subject to certain conditions – short-term letting, for example via platforms such as Airbnb. In view of the current legal framework, this represents a rare opportunity that is particularly attractive for investors.

Project description

A high-quality new-build project is currently being developed in a quiet side street between Inzersdorfer Straße and Laxenburger Straße, in the heart of Vienna’s 10th municipal district.

The residential project comprises 52 modern residential units distributed across two buildings. All apartments feature well-designed, efficient layouts and are already equipped with neutral white fitted kitchens. Most units also offer private outdoor spaces such as balconies, terraces or gardens.

Features & energy concept

Residents have access to numerous communal areas, including a bicycle room, pram room, hobby room and basement storage compartments. An in-house underground car park completes the offering. Connection to the district heating network combined with a photovoltaic system on the roof forms part of the building’s energy concept. The focus in implementing the new-build project is on technical features and living comfort:

• Thermal insulation façade
• Underfloor heating via district heating
• Insulated-glazed windows
• Air conditioning in all top-floor apartments
• Partly electric exterior shading
• Security entrance doors
• Fibre-optic connection

Project highlights at a glance

• Quiet, central location near Paltramplatz
• Efficient and modern apartment layouts
• Energy concept with district heating & photovoltaics
• Underground car park and extensive communal rooms
• Very good rental potential and long-term potential for appreciation

Location & infrastructure

The location boasts excellent infrastructure and optimal access to public transport. Tram line 11 can be reached in approximately 3 minutes on foot and provides a direct connection to several underground lines (U1, U3) as well as the suburban railway. Bus line 7A is also approximately 3 minutes away on foot, while the U1 Reumannplatz station can be reached in approximately 11 minutes on foot. In addition, bus line 65A provides a direct connection towards Wienerberg City.

Local amenities are excellent: a BILLA PLUS is just a few minutes’ walk away, while further supermarkets and local suppliers are located in the immediate vicinity and conveniently cover everyday needs. For leisure and recreation, the nearby Arthaberpark and Paltramplatz offer attractive green spaces. The Wienerberg recreation area can be reached in a few stops, and the popular Amalienbad in a short journey. Columbus Center and Favoritenstraße pedestrian zone provide diverse shopping, dining and entertainment options. Healthcare provision is also excellent: a pharmacy is within walking distance, and Klinik Favoriten is very well connected by public transport. The offering is rounded off by the family-friendly surroundings, with several schools and educational institutions in the nearby area.

- Some images have been prepared using Virtual Staging to visualise the furnishing potential of the rooms. The furniture is not included in the purchase price. -

Layout:

• Living kitchen with access to the loggia
• Bedroom
• Bathroom with shower, washbasin and toilet
• Loggia

Costs:

Purchase price: € 219.900,- excl. 20% VAT for investors (€ 244.900,- for end users)
3% of the purchase price plus 20% VAT.

Gross rent: € 850,-
HMZ: approx. € 700,-

Contact:

If you have any questions or would like to arrange a viewing appointment, please contact Mr Benedikt Wawra at [email protected] or by mobile at 0676 331 85 44.