Refurbished investor apartment near lake with garden

Apartment building above Millstatt – 7 units + operator’s apartment | tourist rental | renovated

For sale is an apartment building in Matzelsdorf near Millstatt on a plot of approx. 2,798 m². The property comprises seven apartments used for tourism as well as a separate private or operator’s apartment and is currently operating as an ongoing business.

The building was originally constructed in 1966 and extended in 1974. In 2023, comprehensive renovation and complete furnishing of the apartments were carried out. The interior is ready for operation and geared towards the requirements of tourist rental. Some remaining work in the interior and exterior gives the new owner the opportunity to add personal touches and complete the renovation according to personal preferences – a successful combination of quality work already completed and individual scope for design.

The holiday apartments are fully equipped and, depending on their location, have balconies, some with views of Lake Millstatt, or terraces with direct access to the garden. Booking is handled largely digitally via a Nuki access system, enabling flexible organization and efficient management of ongoing operations.

In 2025, around 1,380 overnight stays were achieved, although operations were limited due to façade renovation lasting approximately three months. From 2026 onwards, unrestricted full operation will be possible for the first time, which could significantly increase occupancy and earning power once again.

The award of “3 Edelweiß Superior” by the Association of Private Landlords of Carinthia represents an exceptionally well-maintained, uniformly equipped and high-quality accommodation in the mid-range segment. The additional designation “Superior” identifies businesses that are above the usual standard within this category.

Due to the combination of tourist use and a separate operator’s apartment, the property is suitable both for owner-occupiers intending to rent out the property and for investors. The existing structure provides a solid basis for continuing and developing the business.

Upon request, there is the possibility of taking over the ongoing tourist rental business together with its existing structures, enabling a seamless transition and immediate income.

Thanks to its proximity to Millstatt, Spittal an der Drau and Lake Millstatt, the property has excellent potential for tourist rental. Demand for modern, high-quality accommodation close to the lake remains consistently high and ensures reliable occupancy as well as attractive return prospects.

The region around Lake Millstatt is one of Carinthia’s most value-stable real estate locations. The limited supply of building plots, the high quality of life and the continuous development of the tourist offering ensure long-term value stability.

Please note that only enquiries with complete contact details will be processed. In this case, I will be happy to provide you with further information. I look forward to hearing from you!

Information in accordance with legal requirements:

• Heating demand: 85.0 kWh/(m²a)
• Heating demand class: C
• Total energy efficiency factor: 1.1
• Total energy efficiency factor class: C

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