Renovated apartment investment near U1

Charming investment with future prospects – Temporarily rented 1-room apartment in Favoriten

This bright 1-room apartment in a stylish historic building from around 1890 combines charming living with an attractive investment opportunity. It is currently used as an investment with stable rental income, and in a few years there will also be the possibility of owner-occupation – providing access to a high-quality renovated apartment in a central location in Vienna.

The apartment is currently leased on a fixed term until 30.05.2028 and generates a monthly total rent of € 750, with a gross yield of approximately 3.77%.

Highlights:

• Fixed-term rental until 30.05.2028 – monthly main rent € 640,-

• Attractive gross yield of approx. 3.77%

• Bright living spaces with parquet and high-quality tiles

• Modern fitted kitchen included

• To use it yourself in a few years

The apartment has been comprehensively renovated and impresses with a thoughtful layout and a comfortable living atmosphere. The classic turn-of-the-century charm with high ceilings meets modern equipment: elegant parquet, stylish tiles and a well-integrated fitted kitchen provide contemporary comfort with character. The bathroom is equipped with a shower and a WC.

There is also a passenger lift in the building.

Hard Facts:

Purchase price: € 199.000,-

Living area: 41,67 m²

Rooms: 2

Floor: 2. Etage

Year built: 1890

Operating costs including VAT and reserve: € 140

Cellar: YES

Rented until: 30.05.2028 (Total rent of € 750,-)

Gross yield: ca. 3,77 %

There is also the option to purchase the apartment in a package with other units - contact us for details. The images are project images and not every image corresponds to this unit.

As the apartment is rented to a company that rents the apartment furnished long-term, the indicative rent does not apply and an old building apartment becomes an attractive investment!

Growing location in Vienna-Favoriten

The apartment is located in a well-developed part of the 10th district – an area that has been infrastructurally upgraded significantly and continues to grow. The immediate surroundings offer everything tenants and owner-occupiers alike appreciate: numerous supermarkets, bakeries, cafés, doctors, pharmacies as well as schools, kindergartens and leisure opportunities are within walking distance. The proximity to the university also increases the attractiveness for potential tenants.

Public transport connections are excellent: subway, tram, bus lines and the main train station are reachable in a short time – in a few minutes you are in central Vienna or quickly in other districts. An ideal location for a future-proof investment.

Success fee: 3% of the purchase price plus 20% VAT.

Mr. Lucas Taufer is at your disposal for any questions and a personal viewing. You can reach him at 0660 7542528. He will also gladly help you with suitable financing!

Please note that there is a familial or economic close relationship between the intermediary and the third party being mediated.

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <2.000m
• Children & Schools
  • School <500m
  • Kindergarten <500m
  • University <1.000m
  • Higher School <2.500m
• Local supply
  • Supermarket <500m
  • Bakery <500m
  • Shopping Center <1.500m
• Other
  • ATM <500m
  • Bank <500m
  • Post <500m
  • Police <1.000m
• Traffic
  • Bus <500m
  • U-Bahn <500m
  • Tram <500m
  • Train station <500m
  • Highway access <1.500m

Distances in straight-line distance / Source: OpenStreetMap