Precaution in Serviced Apartments – Das RAY

Vorsorge in Serviced Apartments – The Ray

Invest in serviced apartments in a sought-after location in the 6th district, near the city center. The apartments offer higher rental yields compared with traditional investor properties as well as a worry-free all-round service. The exclusive units at The Ray are managed by the numa Group, the European top provider for temporary housing. The operator takes care of furnishing, rental, and maintenance of the units for the next 25 years.

Serviced Apartments are fully furnished apartments that are rented for a limited time. The apartments are fully equipped and intended for longer stays of several weeks to months. The advantages of a hotel should be combined with those of one’s own home. In addition to the full furnishing of the apartment, concierge service, cleaning or laundry service are also offered.

An experienced operator, such as the Numa Group, is an indispensable and important partner in the successful management of the apartments.

The Project

In the characteristic historic building in the heart of the 6th district, 56 serviced apartments offer a unique Viennese living experience on a temporary basis. Whether Weekend Getaway or Workation – from the workspace to the toothbrush, everything is included at Ray. From the outside the ensemble impresses with its turn-of-the-century architecture; behind its elegant façade it combines stylish interiors, green hide-aways and smart technologies. The Ray enables original, urban stays that correspond to the current living feeling of digital nomads, business travelers, or world explorers.

The late-historic residential and commercial building will be renovated with regard to its historically significant past and expanded with two attic stories and two courtyard wings: In the old, new, and attic construction, individual living units with attractive outdoor areas are created. The exclusive old-building apartments in the existing stock are modernized and equipped with inner-courtyard-facing outdoor spaces. The apartments in the courtyard wings and in the attic offer plenty of room for new things: open, bright living spaces and generously sized gardens, loggias and terraces.

The Amenities

• Revitalized Gründerzeithaus
• 56 Serviced Apartments, of which:
• 7 single-room apartments
• 47 two-room apartments
• 2 three-room apartments
• Sizes of approximately 35 to 100 m²
• 1- to 3-room units
• Gardens, loggias and terraces
• District heating

The amount of operating costs and reserves is not yet known.

Purchase Prices of the Vorsorge Apartments

from EUR 337.000,- to EUR 916.000,- net plus 20% VAT

No commission for the buyer! Completion: already completed

This offer concerns a Vorsorge apartment that is purchased for rental purposes. The stated purchase price is therefore exclusive of 20% VAT. These data are subject to possible changes.

We note that there exists a familial or economic close relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.