Attic apartment yield 3,5 near Volksoper

Unit 14 in the attic

For sale is a permanently rented attic apartment in a well-maintained historic building in a central location of the 18th district of Vienna. A permanently rented condominium offers an attractive combination of immediate rental income, long-term planning security and tax advantages.

• tenanted on an indefinite basis
• attractive purchase price for future appreciation
• regular income immediately after purchase
• current net main rent: EUR 25.220,64 p.A.
• current return before ancillary costs of 3,5%
• Value retention of the property
• Indexed rent adjustment
• tax advantages
• upon vacancy of the apartment market rent / increase in yield
• Potential for own use or profitable resale

This property is excellent as a medium- to long-term investment with solid development potential.

Please note: Due to the existing tenancy, a viewing is currently not possible. We are happy to provide further documents on request.

Location description

The property is located in the heart of the desirable 18th district of Währing, one of Vienna's most popular residential areas. The surroundings are characterized by a successful mix of urban infrastructure, well-maintained Gründerzeit buildings and a high share of green space.

In close proximity are tram lines 40 and 41, which provide a quick connection toward Schottentor and thus to the city center. The U6 Währinger Straße/Volksoper subway station is also within walking distance and enables an optimal connection to Vienna's rapid transit and subway network. Along the Währinger Straße and in the side streets you will find supermarkets, pharmacies, bakeries, cafes and numerous small specialty stores.

The popular Kutschkermarkt, a traditional market with high-quality foods, gastronomy and weekly stalls, is only a few minutes' walk away and reinforces the high quality of living in the area. The nearby Türkenschanzpark, one of Vienna's most beautiful parks, offers extensive green areas, running tracks, playgrounds and dining. For culture lovers, the Volksoper Wien is also conveniently reachable on foot.

Costs / Fees

For the sake of good order, we note that, unless otherwise stated in the offer, in the event of a successful closing a commission is charged, which corresponds to the rates set in the Immobilienmaklerverordnung BGBI. 262 and 297/1996 – that is 3% of the purchase price plus 20% VAT. This commission obligation also exists if you pass on the information provided to third parties. There is a close economic relationship with the seller.

The contract preparation and escrow processing is bound to the law firm Mag. Schreiber A-1010 Wien, Schottenring 16. The costs amount to 1.5% of the purchase price plus 20% VAT as well as cash outlays and authentication.

Note pursuant to Energy Certificate Vorlagegesetz: An energy certificate has not yet been presented by the owner or seller, after our clarification about the generally applicable presentation requirement, as well as request for its preparation. Therefore at least a total energy efficiency corresponding to the age and type of the building is deemed agreed. We assume no warranty or liability for the actual energy efficiency of the offered property.

We would like to point out that there is a family or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual agent.

Infrastructure / Distances

• Health

  • Doctor <25m
  • Pharmacy <150m
  • Clinic <125m
  • Hospital <300m

• Children & Schools

  • School <200m
  • Kindergarten <125m
  • University <200m
  • Higher School <200m

• Local amenities

  • Supermarket <125m
  • Bakery <125m
  • Mall <1.400m

• Other

  • ATM <150m
  • Bank <150m
  • Post <325m
  • Police <750m

• Transport

  • Bus <150m
  • U-Bahn <250m
  • Tram <150m
  • Train station <250m
  • Motorway access <1.900m

• Distance as the crow flies / Source: OpenStreetMap