Altbauwohnung high quality renovated near U1

Charming investment with future prospects – Time-limited rented 2-room apartment in Favoriten

This bright 2-room apartment in a stylish old building from circa 1890 combines charming living with an attractive investment opportunity. Currently used as an investment with stable rental income, in a few years there will also be the possibility of owner-occupancy – and thus the entry into a high-quality renovated apartment in a central location in Vienna.

The apartment is currently rented on a fixed term until 30.05.2028 and generates a monthly total rent of € 750,-, with a gross yield of ca. 3,49 %. This provides you with a secure income until the end of the lease – and you can then move into a charmingly renovated apartment yourself.

Highlights:

• Rented on a fixed term until 30.05.2028 – monthly base rent € 645,-
• Attractive gross yield of ca. 3,49 %
• Bright living spaces with parquet and high-quality tiles
• Modern fitted kitchen included
• In a few years, self-use possible

The apartment has been extensively renovated and impresses with a well-thought-out room layout and a pleasant living atmosphere. The classic old-building charm with high ceilings meets modern amenities here: noble parquet, stylish tiles and a well-integrated fitted kitchen provide contemporary comfort with character. The bathroom is equipped with a functional shower and toilet. The building also has a passenger elevator.

Hard facts:

• Purchase price: € 215.000,-
• Living area: 40,38 m²
• Rooms: 2
• Floor: 3rd floor
• Year built: 1890
• Operating costs including VAT and reserve: € 62
• Cellar compartment: YES
• Rented until: 30.05.2028 (Main rent € 645,-)
• Gross yield: ca. 3,49 %

There is also the option to acquire 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.

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

Growing area in Vienna-Favoriten

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

The public transport connections are excellent: U-Bahn, tram, bus lines and the main railway station are within a short reach — 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 available for all questions and a personal viewing. You can reach him at 0660 7542528. He will also gladly assist you with suitable financing!

We point out that a familial or economic close relationship exists between the intermediary and the third party to be mediated.

The intermediary 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
• Nahversorgung
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <1.500m
• Others
  • ATM <500m
  • Bank <500m
  • Post <500m
  • Police <1.000m
• Transport
  • Bus <500m
  • U-Bahn <500m
  • Tram <500m
  • Train station <500m
  • Highway access <1.500m
• Distance as the crow flies / Source: OpenStreetMap