Charming studio with expansion potential in prime location of Ottakring from 98.000 €

Studio apartment in a digital bidding process starting at €98,000

Are you looking for an affordable condominium in a good location in Vienna, either for your own use or as a long-term investment? This charming one-room apartment in Lorenz-Mandl-Gasse is now being offered in a transparent, digital bidding process. You help determine the price.

Why this apartment is worthwhile

• Underground and suburban railway reachable in approx. 6 minutes
• Supermarket within sight, Thaliastraße with shops and restaurants just around the corner
• Quiet location at the end of a dead-end street, 30 km/h zone, no through traffic
• Low operating costs
• Additional hallway toilet assigned to the apartment: as a storage room, second toilet or expansion reserve for a larger bathroom with a window
• Security door, washing machine niche, exterior blinds, fly screens facing the quiet courtyard
• Gas floor heating, cellar compartment
• Well suited for renting to students: TU Vienna and WU Campus conveniently reachable by public transport (注意: guideline rent, period apartment!)

How the bidding process works

📅 Phase 1: Application and viewing phase (3 weeks) | 23.10.2026 to 13.11.2026

Register as an interested party directly at the viewing appointment. You will receive all documents (floor plan, operating-cost statement, usable-value report, minutes, etc.) and can get a detailed impression at your leisure. With your personal invitation, you can register as a bidder.

📅 Phase 2: Offer phase (2 weeks) | 14.11.2026 to 28.11.2026

Registered interested parties submit their offer digitally via our system. Starting price: €98,000

Open viewings | Just come by or book an appointment slot!

I will be personally at the apartment on two fixed dates. You can drop by without prior registration, look at everything and ask your questions directly on site:

• 🏠 Friday, 30.10.2026, from 15:00h to 17:00h
• 🏠 Monday, 09.11.2026, from 15:00h to 17:00h

These dates do not suit you? Then please feel free to contact us for an individual appointment. Please note: You can only submit an offer if you have viewed the apartment beforehand and are registered. So make sure to come by in good time!

Important information about the price

The stated price of €98,000 is the starting price of the bidding process and not a fixed price. The purchase price results from the offers submitted and may therefore be above the advertised price. The advertised price may be adjusted upwards during the process. It is not possible to submit an offer below the starting price! All information is non-binding and subject to change. There is no legal entitlement to the award. The decision on the sale rests solely with the owner.

Think about financing now!

So that you can act quickly and securely during the offer phase, I recommend clarifying the financing now. Our in-house financing team of specialists will give you an initial assessment or even a legally binding offer. Simply ask me during the viewing; I will immediately put you in touch with our financing team!

Your contact for all matters

Robert Holzmann, dipl. IM
Licensed real estate agent | +43 664 99 96 09 96 | [email protected]

I look forward to meeting you personally at one of the open viewing appointments!

The agent acts as a dual agent.

Are you thinking about selling your property?

Benefit from our 22 years of expertise in Vienna, Lower Austria and Burgenland. We will prepare a free, non-binding market valuation of your property!

Well-founded, discreet and based on current prices actually paid.

Call us without obligation! We will value your property within 24 hours!

Infrastructure / Distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <500m
• Hospital <500m

Children & schools

• School <500m
• Kindergarten <500m
• University <1.500m
• Secondary school <1.000m

Local amenities

• Supermarket <500m
• Bakery <500m
• Shopping centre <1.000m

Other

• ATM <500m
• Bank <500m
• Post office <500m
• Police <500m

Transport

• Bus <500m
• Underground <500m
• Tram <500m
• Train station <500m
• Motorway access <5.500m

Distances as the crow flies / Source: OpenStreetMap