Renovation-required 2-room apartment in period building near Botanical Garden

Compact 2-room apartment to renovate in the Fasanviertel

Starter property for the real estate business!

Frequently requested, but rarely available - a classic old building apartment with high ceilings to renovate. Equally suitable for investors, as a first starter property or for professionals. But also an affordable find for owner-occupiers who appreciate compact living! Due to its excellent location, this apartment is particularly recommended to parents of children studying who want them to live in a good environment.

Apartment

The apartment on the 3rd floor with mezzanine level (= 4th floor without lift) requires complete renovation, as can be seen in the pictures. It has a total of just under 45m² of living space, currently consisting of an entrance hall, WC, fitted kitchen, living room, bedroom and bathroom. The alterations in the apartment were carried out independently by a previous owner and do not have approved plans. Due to its high floor location, the apartment is bright and welcoming; its north-facing orientation without a building directly opposite guarantees plenty of daylight throughout the year without exposure to direct sunlight. A spacious cellar compartment of approx. 5m² is assigned.

Building

The building from 1900 is located in a quiet neighbourhood and is in very good condition. Beautiful old period features have been preserved, but unfortunately there is no lift in the building. The reserve fund is very well funded at around EUR 148.300,-. Savings are being accumulated here for a complete renovation of the roof. According to the forecast, no major repairs are currently planned. The owners' association has mutually granted itself the right to short-term rentals; statutory requirements must be observed.

Location

The apartment is located in the Fasanviertel, not far from the Botanical Garden, on a street without a building directly opposite, characterised by numerous beautiful Gründerzeit buildings.

Local amenities are excellent: Along Fasangasse and Rennweg there are supermarkets such as Billa and Hofer, a dm branch, bakeries, cafés and much more. Public transport connections are also excellent.

• Tram lines O and 71: only a few steps away
• Rennweg S-Bahn station with lines S1, S2, S3 and S7: around 300 metres

Those who enjoy being outdoors will particularly appreciate the proximity to the Botanical Garden and Schlosspark Belvedere. They invite you to go for walks, exercise or simply linger. Vienna city centre is also easily accessible:

• Schwarzenbergplatz: around 15 minutes on foot

Sale

The purchase price of this classic old building apartment in need of renovation is EUR 178.400,-. The usual brokerage commission of 3% plus 20% VAT will be charged in the event of success.

The monthly operating costs amount to approx. EUR 116,33 (incl. VAT), and the pro-rata repair reserve amounts to EUR 52,94 per month.

On 31.12.2025, the balance of the Reparturfonds was EUR 148.391,51.

The preparation of the purchase agreement is tied to RA Dr. Johannes Samaan.

Energy performance certificate

Valid until 12.5.2029, HWB D 137,53 kWh/m²a, fGEE D 2,343

Please send your enquiry directly to me via the contact form with complete contact details!

The broker is acting as a dual agent.