Apartment in the Karmeliterviertel near Augarten

Investment models in unbeatable location – The Pearl in the Karmelit Quarter

In the sought-after Karmelit Quarter – between Augarten and the Danube Canal – The Pearl presents an exceptional investment opportunity for investors who want to target residential real estate with sustainable future prospects.

The combination of an absolute top micro-location, free rent levels and high-quality revitalized stock makes this project a rare and particularly attractive investment model. Here you invest in a location that has for years been among the most dynamic and value-stable residential areas in Vienna.

The location is simply unbeatable

The location is simply unbeatable. The Karmelit Market stands for urban lifestyle, high demand and stable lettings. The immediate proximity to the Augarten as well as to the Danube Canal creates a perfect connection of recreation, gastronomy and city proximity.

Numerous restaurants, cafes, convenience stores and small boutiques ensure consistently high residential appeal – a key factor for investors.

Transport connections are excellent:

• Underground: U2 “Schottenring” and “Taborstraße”, U4 “Schottenring” – each about an 8–10 minute walk away
• Bus line: 5A
• Tram line: 2

The project

• 24 privately financed retirement apartments
• 8 car parking spaces in the building (stacker parking)
• 1–3-room apartments
• Apartment sizes between ca. 29 m² and 73 m²
• Predominantly outdoor spaces such as balcony or terrace
• High-quality revitalized building
• Heating: district heating

The fittings

The units have been comprehensively renovated and present themselves in a modern, rental-optimized condition. Bright living areas, well-thought-out layouts and contemporary materials appeal to a broad target group – from singles to couples to urban professionals.

The high-quality execution not only provides living comfort but also long-term value retention – a key aspect for investors focused on sustainable returns.

Purchase prices of retirement apartments

from EUR 269.000,- to EUR 775.000,- net plus 20% VAT.

Expected rental income

from approx. EUR 17,50 to EUR 20,00 net per m²

3% broker commission

Completion: already completed

Additional information:

The offered retirement apartments can only be purchased at the gross purchase price for owner-occupiers.

A purchase at a retirement purchase price net with separately stated VAT is not provided for this project.

This structure offers particular advantages to buyers who want to rent their property under the small business regulation. Since no VAT is shown separately, there is no obligation to deduct input tax or to carry out VAT-related allocations or ongoing filings.

Thus this model provides a clear, transparent and administratively lean solution for investors who aim for long-term letting without VAT-related complexity.

For further information or personal consultation, we are of course happy to assist you.

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

The intermediary acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <250m
  • Pharmacy <250m
  • Clinic <500m
  • Hospital <500m
• Children & Schools
  • School <250m
  • Kindergarten <250m
  • University <750m
  • Higher education <1.000m
• Groceries
  • Supermarket <250m
  • Bakery <250m
  • Shopping center <1.500m
• Other
  • ATM <250m
  • Bank <250m
  • Post <250m
  • Police <500m
• Transport
  • Bus <250m
  • Underground (U-Bahn) <250m
  • Tram <250m
  • Train station <250m
  • Highway access <2.750m
• Distance as the crow flies / Source: OpenStreetMap