Rare location, broad lettability – yield above market average

Your investment, to the point

• Rare location: quiet and central at the same time, directly on the U3
• Broad rentability: 108 m² with 4 freely divisible rooms appeal equally to shared flats, couples and families – this noticeably reduces your vacancy risk
• Commission-free for you as the buyer – a direct advantage for your overall return
• Currently nearly 4.9% yield p.a. – already today, without any additional measures
• Over 5% possible: the contractually agreed index adjustment has not yet been implemented and can be made up before handover
• 2020/2021 gut renovated: new windows, exterior roller blinds, floors, bathroom and kitchen
• Already a highly accrued repair reserve

Your yield in detail

The currently invoiced main rent of 1.541,16 € (incl. VAT) results in an ongoing yield of 4.88% p.a. at a purchase price of 379.000 € – already significantly above the current Vienna market average for rented existing properties (around 3–4%). If the contractually covered, hitherto outstanding index adjustment is made up, the main rent rises to around 1.604 € and the yield to over 5% p.a. At around 3.505 € per m², the purchase price is also at the lower end of the typical market offering range for Vienna-Simmering (around 3.500–4.200 €/m²) and thus below the district average.

TIMELESS ESTATES accompanies you from the first viewing to the handover of the keys.

Note in accordance with the Energy Performance Certificate Presentation Act: An energy performance certificate has not yet been presented by the owner or seller, after our clarification about the generally applicable obligation to present it and request for its creation. Therefore, at least an overall energy efficiency appropriate to the age and type of the building is deemed agreed. We accept no warranty or liability for the actual energy efficiency of the property offered.

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