Apartment Landstrasser Hauptstrasse rental concept

All details about the project can also be found at: www.paulus5.at

The project

Paulusgasse 5 is located in an excellent city location with optimal transport connections and perfect infrastructure. 57 new, modern and energy-efficient condominiums with nearly 2,900 m² of living space and about 500 m² of open space will be created. 65% of the condominiums are for owner-occupiers and 35% for investors with an innovative Vorsorge apartment model with a carefree rental concept and above-average yields planned. The project consists of four building parts in total (4th stair) with a large inner courtyard, a newly expanded attic, as well as the two townhouses in the inner location. The existing apartments in the main buildings will be fully and high-quality renovated, many of them equipped with a new balcony; the heating and cooling system will be replaced by a sustainable central air heat pump; at each staircase an elevator will be installed; the large inner courtyard will be greened. The building will be expanded and in the two top floors there will be 7 new apartments with outdoor spaces. In the rear part of the building two townhouses with green spaces will be created.

Investor apartments on Stair 1 & 2

Vorsorge apartment model with carefree rental concept:

• professional, centralized management handles the administration and billing
• 28 apartments for short-term rental with a commercial operator
• 2 apartments with long-term leases (Top 4-5 | Top 30)
• rental income (short- and long-term rental) in a common rental pool
• projected rental yield over 4% per year

Central management

A professional, centralized management handles all administrative tasks:

• Letting (short- and long-term)
• Lease processing and tenant support
• Maintenance and upkeep
• Processing of all operating and utilities costs
• Legal support and compliance with legal requirements

This all-inclusive package enables owners to have a passive, risk-reduced investment, as the entire organizational effort is outsourced.

Rent pool - Uniform returns for all owners

All rental income flows into a common “rental pot”, providing investors with stable earnings. This model minimizes the risk of vacancy, as the income is distributed proportionally among all owners.

Professional management for a carefree investment

A professional management handles all tasks related to short-term rental, from booking to maintenance and to legal aspects. For investors, this means a hassle-free investment with no administrative effort.

Location and surroundings of Paulusgasse 5, 1030 Vienna

The project is located in an attractive area in the 3rd district, with good access to public transport. The two nearby U-Bahn stations U3 Schlachthausgasse and U3 Kardinal-Nagl-Platz make the city center reachable in about 10 minutes. The proximity to popular sights such as St. Stephen’s Cathedral square makes it especially attractive for short-term renters. The surroundings also offer numerous recreational areas such as Prater or Donaukanal. Vienna’s cultural offerings such as Kunsthaus Wien and the Vienna State Opera are also reachable in a short time.

Amenities

The well-thought-out and compactly planned apartments, with sizes of approximately 29 - 44 m², are being sold fully furnished. The modern and high-quality equipment meets hotel standards—from fully equipped kitchens including cookware to high-quality beds to modern televisions. Every detail has been carefully tailored to the needs of the tenants to ensure comfortable and practical use.

Purchase prices

Net purchase prices* range between € 158.000,- and € 402.000,- (plus 20% VAT) - *furniture and furnishing package is NOT included in the purchase price. The prices are listed for each object.

Note

All images, visualizations and plans used in the listings are for reference. The shown furniture and photos are exemplary and may differ from the actual furnishings or layout. The information is based on information from the seller.

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We would like to point out that between the broker and the third-party client there is a familial or economic close relationship.

The broker acts as a dual agent.

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Infrastructure / Distances

Health

• Doctor <175m
• Pharmacy <350m
• Clinic <250m
• Hospital <300m

Children & Schools

• School <125m
• Kindergarten <150m
• University <625m
• Higher School <600m

Local supply

• Supermarket <125m
• Bakery <225m
• Shopping center <575m

Other

• ATM <250m
• Bank <375m
• Post <375m
• Police <375m

Traffic

• Bus <200m
• Subway <300m
• Tram <275m
• Train station <375m
• Highway access <900m

Distance information straight-line / Source: OpenStreetMap