5.3% - Rented investment apartment at the U3

Your investment at a glance

• Quiet yet excellently connected location directly on the U3
• Broad range of tenants due to a universal floor plan (4 rooms, 108 m²) – suitable for shared flats, couples and families
• Commission-free for the buyer – savings of around 12.600 €
• Flexible use due to a fixed-term tenancy agreement
• Current yield of 5,29 % p.a., with potential to reach around 5,51 % p.a. after implementation of the contractually stipulated index adjustment
• Comprehensively renovated in 2020/2021 (windows, external roller shutters, floors, bathroom, kitchen)
• High repair reserve

Your yield in detail

The currently invoiced principal rent amounts to 1.541,16 € gross (incl. VAT) and, based on a purchase price of 349.500 €, results in a current yield of 5,29 % p.a. The current Vienna market average for rented existing properties is around 3–3,5% p.a. The contractually agreed index adjustment has not yet been implemented, but can still be enforced and can be applied retroactively before handover; thereafter, the principal rent would increase to around 1.604 € and the yield to around 5,51 % p.a.

The purchase price corresponds to around 3.232 € per m² and is therefore below the market-standard price range for Vienna-Simmering (around 3.500–4.200 €/m²).

If you are interested in this lucrative offer, please do not hesitate to contact us.

TIMELESS ESTATES will accompany you from the first viewing through to the handover of the keys.

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our having informed them of the generally applicable obligation to submit one and having requested that it be prepared. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no guarantee or liability whatsoever for the actual energy efficiency of the property offered.

We hereby point out that a family or economic relationship exists between the broker and the third party to be brokered.