2-room apartment on 5th floor with elevator near Brunnenmarkt currently rented until 31.10.2028

For sale here is a 2-room apartment with a separate kitchen near Brunnenmarkt / U6-Josefstädterstraße!

The rooms are separately accessible: a living/dining room, a bedroom with a storage room as a walk-in wardrobe, a separate kitchen, bathroom with bathtub, separate toilet.

The kitchen unit has built-in electrical appliances (electric cooker, dishwasher, refrigerator, freezer.

There is vinyl flooring in the kitchen (kitchen area in the living room).

The windows are triple-glazed and soundproof.

The floors are laid with parquet and laminate.

In the sanitary rooms tiled.

All necessary connections, e.g. telephone, satellite, cable (Magenta), are available in the living areas. It is heated with gas by means of gas convectors.

Gas instantaneous water heater in the bathroom for heating hot water.

A private cellar compartment provides additional storage space.

The apartment was renovated in 2011.

The apartment is currently occupied by the tenant (tenancy agreement concluded until 31.10.2028).

The tenant pays punctually and the contract is indexed according to the VPI 2020.

The apartment falls within the partial scope of application of the MRG (§ 1 para. 4 MRG), with the possibility of freely determining the rent.

Type of subsidy: Wohnhaus-Wiederaufbaufonds (WWAF):

It follows from the WE contract (1964) and the land register extract that the building was constructed with a loan from the "Allgemeinen Bausparkasse Österreichischer Volksbanken" (an instrument of the WWAF). The property was therefore originally subject to the provisions of the Wohnhaus-Wiederaufbaugesetz (WWG).

For determining the rent, it is not the original approval date but the status of repayment of the subsidized loan that is decisive.

The table "WWAF - MIETZINSBILDUNG" shows that in the case of privileged repayment under the Mietrechtsgesetz 1971 (§ 53 MRG) – that is, in the case of an application by 30.09.1982 and repayment by 31.12.1982 – a freely determined rent applies.

The loan from the WWAF was used to finance construction (WE contract, point V).

The loan was repaid on preferential terms within the statutory deadlines, as was the case with practically all of these properties. The loan has therefore been settled for decades. This status ("repayment* according to plan or on preferential terms") leads to the application of "freely determined rent".

Since the original WWAF loan for the entire building was repaid on preferential terms under RBG 1971 and the specific unit is a condominium, the following applies:

Scope of application: partial application of the MRG (§ 1 para. 4 MRG); rent determination: freely determined rent

Legal form: condominium (The apartment was established as a condominium in 1964 (WE contract). This is decisive for the application of the MRG).

For a condominium subsidized with WWAF funds, a freely determined rent applies after expiry of the protection period/repayment.

Building / complex:

The building appears is regularly maintained. Most recently, the staircase was painted and the elevator inspected.

The building is well managed. Most recently, there was a positive balance.

There are also reserves of € 230,000,— available as of 31.12.2025.

m There is a caretaker in the building who also takes care of the building.

The caretaker will retire on 30.11.2026. The severance payment amounts to approximately one annual remuneration (approx. € 30,000) and burdens the 2026 statement.

In future, new caretaking staff will take over building maintenance (€ 750 net/month) and an external service provider will handle winter maintenance (approx. € 800/season). According to the minutes, this results in savings of approx. € 20,400 per year.

The approx. 44 m² caretaker's apartment is to be renovated and possibly rented out for approx. € 700 net/month.

Location:

The building is located near the Gürtel – in the immediate vicinity of U6 - Josefstädter Straße, thus in a very well-connected area.

It takes one minute to reach tram line 2. Brunnenmarkt is also quickly accessible.

Terms:

• Purchase price: € 219,000,--
• Commission: 3 % of the purchase price + 20 % VAT
• Land register registration costs: 1.1 % (possibility of exemption for own use);
• Real estate transfer tax: 3.5 %
• Preparation of the purchase agreement incl. escrow: approx. ? % + 20 % VAT + cash expenses + certifications

Services for investors:

Would you prefer not to deal with renting out the property and any questions during the tenancy after acquiring the property?

We offer you a service concept for investors. We will be happy to send you the relevant documents if required.

Financing:

Are you looking for suitable financing for this property?

We are also happy to provide you with active support here in order to save you valuable time and money!

We would be pleased to offer you a non-binding and free initial consultation.

We advise you reliably and professionally! Save your valuable time with countless bank appointments.

Contact:

Please note that, due to our obligation to provide proof to the owner, we can only process inquiries containing the complete address.

We will be happy to send you further detailed descriptions and viewing appointments as soon as we have received your inquiry.

We therefore ask you to send an email inquiry to: [email protected]

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The broker is acting as a dual broker.

Important information:

Please note that, due to our obligation to provide proof to the owner, we can only process inquiries containing the complete address. We will be happy to send you further detailed descriptions and viewing appointments as soon as we have received your inquiry. The information is based on the information and documents made available to us by the owner and/or third parties and is provided without warranty. In all other respects, the general terms and conditions as well as the regulation of the Federal Ministry for Economic Affairs on professional and operating rules for real estate brokers, Federal Law Gazette 297/96, shall apply. In particular, the provisions of § 10 and § 15 of the IMV - 297/1996 + 2010/58 BGBI. shall be deemed agreed. We point out that we act as a dual broker. Further information and all properties can be found at: www.pr-immobilien.at