Altbau Apartment with Terrace in Quiet Margareten Location

In an attractive and quiet location in Vienna's 5th district, seven vacant units are for sale as part of the establishment of condominium ownership.

The classic Viennese style old-building property extends over five floors and is in a good and well-maintained overall condition. In particular, the representative staircase impresses with numerous originally preserved style elements and underscores the property's special old-building character.

The available apartments are mostly in an unrestored condition and thus offer diverse possibilities for individual design. For selected units there is also the possibility to build already approved balconies at one's own expense. Furthermore, individual apartments can be combined to realize spacious living concepts – for example for families.

As part of the already approved attic expansion, the installation of a passenger elevator is also planned.

This real estate project thus offers numerous uses and development potential. We would be happy to advise you personally on the individual options.

Top 7, a former recording studio, is located on the ground floor and can be used both as an apartment and for commercial purposes. An adaptation for short-term rental would also be possible – we are happy to advise you on this.

The property is in a renovation-needing state and can also be designed according to one’s own ideas with regard to room layout.

Nebenkosten

The contract drafting and escrow processing is tied to the law firm Tiefenthaler Gnesda Rechtsanwälte in 1010 Vienna, Rockhgasse 6/6. The costs amount to 1,5 % of the purchase price plus 20 % VAT as well as cash expenditures and authentication.

As brokerage fee, the general terms and conditions and the regulation for real estate brokers of the BM for Trade, Industry and Commerce, BGBL. 297/1996 apply. In the event that a corresponding legal transaction occurs, we charge you a brokerage commission of 3 percent of the purchase price plus the statutory value-added tax. We would also like to point out that we are in a close economic relationship with the seller and act as dual agents.

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 broker acts as a dual agent.