Anlegerwohnung with carefree rental concept

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

The project

The Paulusgasse 5 is located in an excellent city location with optimal public transport connections and perfect infrastructure.57 new, modern and energy-efficient owner-occupied apartments with nearly 2,900 m² of living space and about 500 m² of open space are being developed. 65% of the owner-occupied apartments are for owner-occupiers and 35% for investors with an innovative retirement-apartment model with a worry-free rental concept and above-average returns planned. The project consists of four building parts (4 stairwells) with a large courtyard, a newly expanded attic, as well as the two townhouses in interior location. The existing apartments in the main buildings will be completely and high-quality renovated, many of them equipped with a new balcony, the heating-cooling system will be replaced by a sustainable central air heat pump, an elevator will be installed in each stairwell, the large courtyard will be greened. The building will be expanded and in the two attic floors 7 new apartments with outdoor spaces will be created. In the rear part of the building two townhouses with green areas will be created.

Investor apartments on Stair 1 & 2

Retirement-apartment model with worry-free 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
• calculated rental yield over 4% per year

Centralized management

A professional, centralized management takes over all administrative tasks:

• Renting (short- and long-term)
• Lease handling and tenant support
• Maintenance and upkeep
• Processing of all operating and ancillary costs
• Legal support and compliance with legal requirements

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

Rent pool - Uniform return for all owners

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

Professional management for a worry-free capital investment

Professional management handles all tasks related to short-term rental, from booking to maintenance to legal aspects. For investors, this means a hassle-free capital investment without 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 Stephansplatz also makes it attractive for short-term tenants. The surrounding area also offers many recreational areas, such as the Prater and the Danube Canal. Vienna’s cultural offerings, such as the Kunsthaus Wien and the Vienna State Opera, are also reachable in a short time.

Facilities

The well-thought-out and compactly planned apartments, with sizes of about 29 - 44 m², will be sold fully furnished. The modern and high-quality equipment meets hotel standards – from fully equipped kitchens including cooking utensils to high-quality beds to modern televisions. Each detail has been carefully tailored to the needs of the tenants to ensure comfortable and practical use.

Purchase prices

Net purchase prices* lie 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 pictures, visualizations and plans used in the listings are for reference. The shown furniture and photos are exemplary and may differ from the actual furniture 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 being brokered 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

Distance as the crow flies / Source: OpenStreetMap