Apartment near Praterstern renovation potential

Renovation-needed 3-room apartment in an old building directly on the U2

approx. 48 m² | Ground floor | Novaragasse, 1020 Vienna

Property description

For sale is a renovation-needed old building apartment with approx. 48m² living area in the popular Novaragasse, directly at the U2. The apartment is located on the ground floor of a classic old building whose attic has been converted.

Condition

The apartment is in need of renovation and will be sold as is – an ideal opportunity for owner-occupiers with a design wish or for investors with vision.

Layout

• Entrance hall
• Bathroom
• Room
• Room
• Living room

(see current photo documentation and floor plan)

Location

The apartment convinces with its central and yet quiet location in a one-way street with good parking. The Prater in Vienna is reachable within a few minutes on foot – as well as:

• Grocery stores (Billa, Hofer, Anker, Bipa)
• Cafés & restaurants
• Doctors & pharmacies
• Schools & kindergartens
• Fachhochschule des BFI
• New WU within good reach

Public transport connections

Only 5 minutes' walk from Praterstern – one of Vienna's most important transport hubs – away. There you will find:

• Underground: U1, U2

• S-Bahn: S1, S2, S3, S7, regional & long-distance trains

• Tram lines: 0, 5

You are also well connected by car.

Purchase price

€ 199,000,- (unencumbered purchase price)

monthly costs (according to the 2026 preview):

Repair reserve: 1,13 €/m²
Operating costs: 1,90 €/m²

Stand of the repair reserve as of 09.12.2025: EUR 35.406,53,-

Notary/Contract drafter

Mag. Georg Kampas
Costs: 1,5 % of the purchase price plus out-of-pocket expenses plus 20 % VAT

Viewing appointments

++ To arrange a viewing appointment, please certainly send us a written inquiry! ++

(We reliably respond on the same day!)

To arrange a viewing appointment please send us an email inquiry!

The IMMY is the most prestigious award for Vienna-based real estate brokers and property managers in the residential sector. We are proud to have won the Golden IMMY for 2019!

Many thanks especially to our clients! Our company was also named the best startup and in the years 2015, 2018, 2019 and 2020 as a quality broker!

Please note that after your inquiry to Adonia Immobilien you should not also inquire about this property with another real estate brokerage! Thank you!

Not all of our properties are available on the common platforms. We look forward to your visit to our homepage at adonia.at

We expressly point out our close economic relationship with the seller. Our legal duties as a dual broker are not affected by this. Errors and changes excepted.

All information published here is based on information provided by the seller and was not collected by us.

Our General Terms and Conditions can be viewed both in the Exposé sent to you and on our homepage. We expressly point out that these GTCs become part of the contract.

The protection of personal data is important to us and is also required by law. The processing of your personal data takes place in accordance with the data protection regulations. On our homepage (under Datenschutzinformation) you will find an overview that should inform you about the most important aspects of the processing of personal data.

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

The broker acts as a dual broker.

Infrastructure / Distances

Health
Doctor <500m
Pharmacy <500m
Clinic <500m
Hospital <500m

Children & Schools
School <500m
Kindergarten <500m
University <1.000m
Higher school <1.500m

Local supply
Grocery store <500m
Bakery <500m
Shopping center <1.500m

Other
ATM <500m
Bank <500m
Post <500m
Police <500m

Transport
Bus <500m
U-Bahn <500m
Tram <500m
Train station <500m
Motorway access <2.500m

Distances as the crow flies / Source: OpenStreetMap