First occupancy | commercially designated apartment for short-term rental | quiet courtyard location and balcony

This project is being realized in a quiet side street, not far from Floridsdorfer Spitz. The immediate surroundings offer not only numerous local suppliers, but also ideal access to private and public transport.

Commercially designated apartments for short-term or tourist rental (keyword - Airbnb or Booking.com) are being created from the ground floor through to the 2nd floor. Due to the significantly stricter legal framework for tourist short-term rental of apartments in Vienna, units designated accordingly represent an interesting and increasingly rare asset class. An exception in the building is the ground floor in the courtyard wing, where a commercial unit with a private garden is being created.

From the 3rd floor through to the 1st attic floor, 2- to 3-room apartments with efficient and well-considered layouts are being created. These offer both owner-occupiers attractive residential quality and investors good conditions for sustainable rentability.

The highlight of the project is located on the 2nd attic floor: a spacious 5-room penthouse with direct lift access and a roof terrace.

The street-facing building with 7 floors will be completely newly constructed. In the two-storey courtyard building, the existing structure will be renovated, the layouts modernized and the attic extended. A total of 24 units will thus be created.

Project

• 24 units: 13 apartments, 10 commercially designated apartments & 1 commercial unit
• 1 exclusive penthouse with direct lift access & roof terrace
• Living areas between 32 and 113 m²
• All units - with the exception of Top 1 - with outdoor areas

Highlights

• Parquet flooring Weitzer Pro1000 Eiche Classic S
• Underfloor heating (app-enabled individual room control) powered by an air-source heat pump
• Passive cooling in all units
• Air conditioning in the attic floor
• Bathrooms with walk-in showers, non-glass partition walls & concealed fittings
• Attic apartments with bathtub and shower
• Large-format floor and wall tiles (Atlas Concorde Boost Pro 75 cm x 75 cm)
• White interior doors; flush-fitting
• Plastic-aluminium windows with 3-pane insulating glazing
• External sun protection (including electric external venetian blinds)
• Wooden apartment entrance doors with wooden surround frame (burglary resistance class 3 or RC 3) & sound insulation
• Terraces and balconies with larch wood decking
• App-enabled video intercom system
• Practical central locking system (one key locks everything)
• Lockable stroller storage room
• Bicycle storage option in the courtyard

Click here to access the project website! (www.mengergasse11.at)

Apartment Information

• Living area: approx. 34.74 m²
• Balcony: approx. 3.92 m²
• Rooms: 2
• Floor: 1st floor
• Orientation: North-East

Planned completion: April 2027

Monthly assessment
Net operating costs: € 97.50
plus 10% VAT: € 9.75
Reserve fund: € 11.70
Total: € 118.95

Net purchase price: € 220,000,--
Gross purchase price: € 264,000,--

Contract drafter: Mag. Markus Wieneroiter (1.5% of the purchase price plus cash expenses and VAT.)

Commission: 3% of the purchase price plus 20% VAT.

We look forward to your written inquiry in order to provide you with more information about this exclusive project.

Disclaimer

The visualizations in this exposé/listing serve for illustrative purposes and are non-binding. Deviations in the actual execution remain reserved. Only the contractual agreements and the building specifications are binding.

We point out that a family or economic relationship exists between the broker and the third party to be brokered.

The broker acts as a dual agent.